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Allstate Unit Expands Indexed Annuity Family

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Lincoln Benefit Life Company is introducing the Saver’s Index Annuity Plus and Saver’s Index Annuity Premier contracts.

Lincoln Benefit, a unit of Allstate Corp., Northbrook, Ill., has been selling Saver’s Index Annuity Series annuities for 11 years.

The new annuities offer a menu of 4 crediting strategies, a 100% participation rate and the ability to mix crediting strategies.

The minimum surrender-charge period is 5 years, and one feature gives holders the ability to use contract assets when they are unable to handle specified Activities of Daily Living.