Brighthouse Financial Inc. has added a single-premium indexed annuity aimed at the independent marketing organization market.
The Charlotte, North Carolina-based insurer will be offering the new SecureAdvantage 6-Year Fixed Index Annuity annuity through IMOs affiliated with Market Synergy Group.
Brighthouse has filed the contract as a non-variable contract. That means the company has agreed to protect the holder against loss of account value.
Product features include 6-Year Annual Sum Index Account investment options.
The options link the contract crediting rate to the performance of the S&P 500 Index and the Russell 2000 Index.
The contract also offers the holder a “daily difference” feature. The feature can help the holder track changes in a contract’s value every business day during the index term, Brighthouse says.
In other annuity product news: