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Ameritas Adds GLWB Rider To No-Load VA Contract

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An insurer will be selling an income planning feature to a variable annuity aimed at the clients of registered investment advisors.

The Ameritas Advisor Services division at Ameritas Life Insurance Corp., a unit of UNIFI Mutual Holding Company, Lincoln, Neb., is adding a guaranteed lifetime withdrawal benefit to the Ameritas No-Load Variable Annuity.

Ameritas issues the annuity, and an affiliate, Ameritas Investment Corp., underwrites the annuity.