Monday, October 06, 2008

 

Jackson Enhances Variable Annuity Offering with LifeGuard Freedom DB

Jackson National Life Insurance Company® (Jackson) today announced the launch of LifeGuard Freedom DB, a new guaranteed minimum withdrawal benefit (GMWB) that features an enhanced, innovative death benefit option. Available only with the election of Jackson’s LifeGuard FreedomSM GMWB, LifeGuard Freedom DB allows investors to generate lifetime income while also providing a legacy for their heirs. The death benefit amount will not decrease, provided withdrawals do not exceed the guaranteed annual limit or minimum required distribution, and investors can choose how to best distribute their wealth among beneficiaries.

Jackson Enhances Variable Annuity Offering with LifeGuard Freedom DB
Source: Business Wire

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