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Annuity

Genworth introduces Income Protection Rider
Nov 30, 2011 - 9:33 AM

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 Their retirement income has to last as long as they do

We can't guarantee how long their retirement will last. But, we can guarantee retirement income that will last a lifetime. 

Introducing the optional Income Protection Rider available on SecureLiving Index Annuities-Coming Soon  

Help your clients be prepared for the unpredictable.

Offer your clients Daily Benefit Base Growth with the optional Income Protection rider, available for an additional cost. Their benefit base grows each day-not just at the end of the contract year. It will continue to grow daily until the earlier of 10 years or until income withdrawals begin - creating the potential for higher income withdrawals the longer they wait. If income withdrawals have not started after 10 years, your client's benefit base will then continue to grow by the same dollar amount that is credited to their contract value from any interest credited in the index and fixed crediting strategies.  

Offer your clients guaranteed lifetime income on their schedule.

Flexible and Much More 

In addition to the Income Protection rider, SecureLiving Index 10 Plus and SecureLiving Index 7 provide the other features you've come to value in fixed index annuity:

  • Competitive interest rates & caps
  • Straightforward product design
  • Free withdrawal provisions
  • Competitive commissions 

FOR PRODUCER/AGENT USE ONLY. NOT TO BE SHOWN OR REPRODUCED FOR THE PUBLIC. 

Issued by: Genworth Life and Annuity Insurance Company, Richmond, VA
SecureLiving Index 7 individual single premium fixed deferred annuity with market value adjustment and optional indexed interest crediting is issued by Genworth Life and Annuity Insurance Company, policy form series GA3003 07/11 and GA300R-0711 et. al. Products and/or riders may not be available in all states or markets. Features and benefits may also vary by state or market.

SecureLiving Index 10 Plus individual single premium fixed deferred annuity with market value adjustment and optional indexed interest crediting is issued by Genworth Life and Annuity Insurance Company, policy form series GA3004-0711 and GA300R-0711 11/09 et. al. Products and/or riders may not be available in all states or markets. Features and benefits may also vary by state or market.

This is a brief description. Consult the annuity contract for a detailed description of benefits, limitations, and restrictions.

All guarantees are based on the claims-paying ability of Genworth Life and Annuity Insurance Company.

Although the contract value may be affected by the performance of an index, the contract does not directly or indirectly participate in any stock or equity investment including but not limited to, any dividend payment attributable to any such stock or equity investment.

Withdrawals of taxable amounts are subject to ordinary income tax and, if taken prior to age 59 1/2, an additional 10% federal penalty tax.

2011 Genworth Financial, Inc. All rights reserved. 124714     10/13/11


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