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Moody's Affirms Symetra Annuities (Sr Debt At Baa3) With Steady Outlook
Symetra Annuities Life Insurance coverage Company introduced the introduction of Symetra Earnings Edge, a single premium mounted listed annuity that features a lifetime withdrawal benefit that offers withdrawals that may final a lifetime—with upside potential each before and after withdrawals begin. New York, July 25, 2014 - Moody's Traders Service has affirmed the Baa3 senior debt score for Symetra Financial Corporation (Symetra; NYSE: SYA) and the A3 insurance coverage monetary energy (IFS) rating of Symetra's key life insurance working subsidiary, Symetra Life Insurance Company (Symetra Life) with a stable outlook. Symetra Edge Professional Fixed Listed Annuity is not sponsored, endorsed, bought or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such events make any representation relating to the advisability of investing in such product(s) nor do they have any legal responsibility for any errors, omissions, or interruptions of the S&P 500 Index. Symetra Life Insurance coverage Company: long-term insurance coverage financial energy at A3; brief-time period insurance financial power at Prime-2.
This means amounts withdrawn from the indexed account earlier than the tip of the annual interest term will not obtain listed curiosity for that time period. If you choose an annuity choice, you will obtain revenue for all times or a specified time period. Symetra Income Edge's assured lifetime withdrawal profit offers lifetime withdrawals as much as a Most Withdrawal Amount every year.
Symetra Edge Pro Fixed Indexed Annuity is a person single-premium mounted indexed deferred annuity with a market worth adjustment function. The Product contract accommodates a more detailed description of the restricted relationship MSCI has with Symetra Life Insurance Company and any associated Products. Copyright © 2004 - 2016 Symetra Life Insurance Firm, 777 108th Ave NE, Suite 1200, Bellevue, WA 98004. Please see the rankings tab on the issuer/entity web page on for extra regulatory disclosures for each credit rating.
This means quantities withdrawn from the listed account before the tip of an annual interest term won't obtain indexed curiosity for that time period. Variable annuities are tied to market performance, so that they have the most growth potential and likewise the most threat. Please ask your insurance coverage producer or advisor for a copy of the Contract Summary describing Symetra Income Edge for a more complete description. Copyright © 2004 - 2015 Symetra Life Insurance coverage Firm, 777 108th Ave NE, Suite 1200, Bellevue, WA 98004.
It will be reckless and inappropriate for retail traders to use MOODY'S credit score rankings or publications when investing resolution. Withdrawals may be subject to federal revenue taxes, and a 10% IRS early withdrawal tax penalty may additionally apply for amounts withdrawn prior to age 59½. Contract kind number is LPC-1175 2/04 in most states and LPC-1175/OR 5/05 in Oregon.
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