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Life Health > Life Insurance

Insurer Updates VA Withdrawal Guarantee

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Integrity Life Insurance Company has revised the Guaranteed Lifetime Income Advantage guaranteed lifetime withdrawal benefit rider.

Integrity Life, a unit of the Western & Southern Financial Group, Cincinnati, sells the guarantee with the AnnuiChoice, Pinnacle and AdvantEdge flexible-premium variable annuity contracts.

The revised guarantee gives purchasers opportunities to lock-in gains and earn age-banded increases in the withdrawal benefit amount, Integrity Life says.

Integrity Life also has added emerging markets, commodities and real estate VA investment options.

Integrity Life is responsible for backing the product guarantees.


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