Fixed annuities offer valuable guarantees that help provide safety from financial losses.
Guaranteed return of premium
If you cash out your fixed annuity at any time, even prematurely, withdrawal charges will never exceed your interest or invade your principal. Symetra Life Insurance Company guarantees you will always receive at least what you contributed, less any prior distributions.
IRS distribution guarantee
As long as all information provided is complete and accurate, Symetra Life guarantees that retirement plan distributions are calculated to satisfy the requirements established by the Internal Revenue Service. If our calculations are wrong, we pay any resulting penalties.
Guaranteed lifetime income
You can choose income payments over your lifetime, no matter how long you live.
What happens if I die?
Upon your death, your entire contract value will be paid to the beneficiary you name on the application (this can be changed at a later date). The contract value, depending on your state, may pass to your beneficiary immediately and avoid probate.
Symetra Life Insurance Company
Your fixed annuity contract is issued and guaranteed by Symetra Life Insurance Company (Bellevue, Wash.). Symetra Life Insurance Company is a "Ward's 50" top performing insurance company
1 with more than $19 billion in total GAAP assets
2.
About us
Guarantees and benefits are subject to the claims-paying ability of the issuing insurance company.
1 Ward Group, Top 50 Life-Health Companies, July 2007
2 Closing statement of March 31, 2008.
