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Symetra Launches Two New Registered Index-linked Annuities – InsuranceNewsNet

  BELLEVUE, Wash. (June 2, 2021) Symetra Life Insurance Company has introduced two new single-premium registered indexed-linked annuities (RILAs) for clients seeking retirement products that offer growth potential with some downside protection options Symetra Trek ® Plus Index-linked Annuity and Symetra Trek ® Frontier Index-linked Annuity. The newest additions to Symetra’s broad product suite join the fast-growing index-linked annuities space, which had Q1 sales of $9.2 billion, an increase of 89 percent over the prior year. The market is expected to grow through 2025, according to the Secure Retirement Institute. 1 ®, which was recognized by Barron’s on their annual ‘Top Annuities’ list in 2019 and again in 2020. 2 “Trek Plus and Trek Frontier build on the customer-focused foundation of Symetra Trek, offering strong liquidity features, buffer and floor downside protection options, and five index choices. Trek Plus provides upside potential based on index gr

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