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Life Health > Annuities

Company Introduces Annuities

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Aviva Life Insurance Company has started selling the Saver’s Advantage 600 and Saver’s Advantage 900 deferred annuity contracts.

Aviva, North Quincy, Mass., says the annuities are designed for the single-premium market.

The Saver’s Advantage 600 contract offers a 1% first-year premium bonus.

The Saver’s Advantage 900 contract offers a 2% first-year premium bonus and “new money interest crediting in year 1,” the company says.

Both products come with a nursing home surrender-charge waiver.

Aviva is a unit of Aviva P.L.C., London.