The Hartford has introduced three personal protection options as part of its Personal Retirement Manager variable annuity suite.
The new options are:
- Future 6, a lifetime guaranteed minimum withdrawal benefit that provides income protection and a 6% deferral bonus with market participation through the new Personal Protection Portfolios, which are designed to reduce the volatility of a consumer’s investment portfolio.
- Future 5, a lifetime guaranteed minimum withdrawal benefit that provides income protection and a 5% deferral bonus with market participation through diversified investment portfolios.