Close Close
ThinkAdvisor

Life Health > Life Insurance

Ameritas Adds GLWB Rider To No-Load VA Contract

By Staff Writer

X
Your article was successfully shared with the contacts you provided.

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.

Advisors can use the new rider to help clients establish a guaranteed source of retirement income, Ameritas says.

Ameritas Life is responsible for backing the product guarantees.

NOT FOR REPRINT

© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.