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New Annuities Appeal To Cautious

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Symetra Life Insurance Company has released the Stability Suite family of annuities.

The family includes the Advantage Income Annuity contract and the Custom Fixed Annuities products, according to Symetra Life, Bellevue, Wash., a unit of Symetra Financial Corp.

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The income annuity offers a features that customers can use to schedule benefits payment increases.

Customers can take withdrawals as often as every 36 months without paying surrender fees, Symetra Life says.