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.