Security Benefit Secure Income Annuity Ratings

Ratings are assigned by independent third party rating agencies and bear no relation to the investment performance of assets held in any of security benefit life insurance company s or first security benefit life insurance and annuity company of new york.

Security benefit secure income annuity ratings.

How security benefit describes the life secure income annuity. All ratings pertain to security benefit life insurance company and first security benefit life insurance and annuity company of new york. Standard poor s rating. Security benefit life insurance company.

The overall rating of the company is 1 4 and consumers are mostly dissatisfied. A strong phone number. Its predecessor started out in kansas as an insurance company with a twist one focused on providing working people with financial security in the event of a calamity. It s issued by security benefit life insurance corporation and is being sold all over the country.

Security benefit an annuity purveyor whose roots date back a whopping 127 years is no stranger to fixed indexed annuities fias. Reviewers write the most about security benefit annuity and give it 1 5 stars out of 5. Security benefit was first mentioned on pissedconsumer on mar 21 2016 and since then this brand received 20 reviews. Security benefit has been in the insurance arena for more than 125 years.

Security benefit ranks 361 of 1809 in financial services category. The security benefit secure income annuity a fixed index flexible premium deferred annuity contract form 5800 11 10 and icc10 5800 11 10 and the guaranteed lifetime withdrawal benefit glwb rider form 5820 11 10 and icc10 5820 11 10 an optional rider available for purchase with the security benefit secure income annuity and for. Initially founded with just 11 back in 1892 the company has grown and expanded over time and has thrived despite the great depression the great recession and numerous natural disasters. The security benefit secure income annuity with guaranteed living withdraw benefit glwb review.

Today security benefit has two of the top selling annuity products in this space nationwide and has a 12 3 market share behind just allianz in indexed annuity sales. This annuity requires a minimum initial purchase payment of 25 000 with minimum subsequent premium. The security benefit secure income annuity with guaranteed living withdraw benefit glwb today i m going to break down an annuity called the security benefit secure income annuity. On the company s website the security benefit secure income annuity is defined as a flexible premium deferred fixed indexed annuity that is available to individuals up to age 80.