ING USA Annuity and Life Insurance enhances annuity living benefit rider
ING USA Annuity and Life Insurance Company has refined and improved its annuity living benefit rider ING LifePay Plus, with more flexible withdrawal options.
According to ING USA Annuity and Life Insurance, the ING LifePay Plus withdrawal benefit features a guaranteed 7% annual minimum increase to the living benefit withdrawal base during the first 10 years of the annuity contract, a guarantee that combines with other features like automatic quarterly ratchets during the growth phase and automatic quarterly resets during the withdrawal phase. Valerie Brown, president of ING retail annuity, said that the new ING LifePay Plus withdrawal options represent the next step in the evolution of lifetime income solutions for retired Americans. Mr Brown added: The continuing popularity of ING LifePay Plus withdrawal benefit rider reflects what savers and their financial professionals view as the right balance of guaranteed growth, control over how the money is invested, and guaranteed future income benefits - all combined with backing of a diverse global insurance and financial services company.
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Allianz SE (Allianz) is one of the leading global financial services providers, offering a range of banking, asset management and insurance services. The company was formerly known as Allianz AG. Allianz is the parent company for the Allianz Group of companies. The company is one of leading insurance providers in the property and causality, and life insurance in the global market. Allianz is one of the major players in the German insurance market. The company, combined with its subsidiaries, serves over 75 million customers in more than 70 countries across Europe, Asia-Pacific, America and Africa. The company's banking operations are conducted through Dresdner Bank AG and its subsidiaries. Global Markets Direct’s Allianz SE - Financial and Strategic Analysis Review is an in-depth business, strategic and financial analysis of Allianz SE. The report provides a comprehensive insight into the company, including business structure and operations, executive biographies and key competitors. The hallmark of the report is the detailed strategic analysis of the company. This highlights its strengths and weaknesses and the opportunities and threats it faces going forward. Reports Buy online from $125
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