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Savings Bank Life

Short Company Name:

Savings Bank Life

Long Company Name:

Savings Bank Life Insurance of Massachusetts

Savings Bank Life Insurance Company of Massachusetts was founded in 1907 by Louis D. Brandeis, a prominent Boston attorney, with a concept of selling life insurance through savings banks in Massachusetts. Today, the company offers its products through savings banks as well as directly to consumers in 39 states including District of Columbia.

Savings Bank Life Insurance offers a variety of life insurance and annuity products and has the largest amount of life insurance in force in the state of Massachusetts. The products offered by Savings Bank Life Insurance are:

Company Type:

Insurance Company

Web Site:

http://www.sbli.com/

Address

Street Address:

One Linscott Road

City:

Woburn

State:

ZIP Code:

01801

Country:

USA

Phone Number:

1-800-694-7254

Fax Number:

781-935-6174

Year Founded:

1907

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Investors Insurance

Short Company Name:

Investors Insurance

Long Company Name:

Investors Insurance Corporation

Investors Insurance Corporation is a Jacksonville, Florida based insurance company that was founded in 1956. Investors Insurance Corporation is a subsidiary of SCOR Global Life U.S. Re and is involved in offering fixed annuities to its clients.

With over 50 years of experience, Investors Insurance Corporation offers products that aim to provide its clients control, flexibility, opportunity, and safety to help meet retirement goals. Products offered by Investors Insurance Corporation are:

Company Type:

Insurance Company

Web Site:

http://www.investorsinsurancecorp.com/home.asp

Address

Street Address:

2970 Hartley Rd Ste 300

City:

Jacksonville

State:

ZIP Code:

32257

Country:

USA

Phone Number:

800-395-1053

Fax Number:

800-211-5641

Year Founded:

1956

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What is the difference between cash value and date of death value?

With regard to an annuity, it will completely depend on the structure of the annuity contract and any additional riders that might be attached to that contract. At a basic level, the death value can be the initial deposit amount, less any withdrawals and market performance. Most of the bigger companies provide a somewhat enhanced death benefit. This usually is the initial

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Annuities Information

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Enhanced Death Benefit

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Enhanced Death Benefit

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Withdrawal

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Annuities Information

AXA Equitable Releases Innovative Variable Annuity

AXA Equitable Life Insurance Company has been an innovator in the variable annuity industry. The company was a pioneer in the area of guaranteed living benefits with the launch of the first guaranteed minimum income benefit . AXA has recently launched a new variable annuity product named "Retirement Cornerstone." Retirement Cornerstone features a "dual account platform" that provides the potential for long-term asset accumulation and growth as well as downside protection through a guaranteed...

Glossary:

Annuity

Asset Accumulation

Asset

Guaranteed Living Benefit

Guaranteed Minimum Income Benefit

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Retirement Cornerstone

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Annuity

Asset Accumulation

Asset

Guaranteed Living Benefit

Guaranteed Minimum Income Benefit

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Retirement Cornerstone

New Retirement Income Annuity from Fidelity and MetLife

Two leading companies are partnering to provide a new annuity offering. MetLife has developed the "MetLife Growth and Guaranteed Income (MGGI)" product that will be distributed exclusively through Fidelity . The MGGI is a deferred variable annuity that contains a guaranteed lifetime withdrawal benefit ( GLWB ) that, depending on the age of the client, ranges between 4 and 6 percent of the initial single premium. Fidelity will manage a relatively simply fund offering and the M&E fees on the...

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Guaranteed Lifetime Withdrawal Benefit