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AUTHOR: MEGAN RAFFERTY
COPYRIGHT 2017 CORPORATE INSIGHT, INC.
Annuity and Life Insurance
Product Update
Third Quarter 2017...
TABLE OF CONTENTS
▪ Introduction
▪ Annuities: Product Releases
o Nationwide Secure Growth
o Pacific Life Index Foundation
...
INTRODUCTION
INTRODUCTION
INTRODUCTION BACKGROUND
This slide deck examines new
product releases from annuity
carriers and life insurers covered in
C...
Below is a list of the firms we track on a daily basis for our Annuity
Monitor and Life Insurance Monitor research service...
ANNUITIES: PRODUCT RELEASES
ANNUITIES:PRODUCTRELEASES
NATIONWIDE SECURE GROWTHANNUITIES:PRODUCTRELEASES
▪ Fee-based fixed indexed annuity debuted in July
▪ Features principal p...
PACIFIC LIFE INDEX FOUNDATIONANNUITIES
▪ Fixed indexed annuity launched in July
▪ Includes five- to 10-year withdrawal per...
BRIGHTHOUSE SHIELD LEVEL SELECTANNUITIES:PRODUCTRELEASES
▪ Structured annuity introduced in August
▪ Offers three- and six...
BRIGHTHOUSE SHIELD LEVEL SELECT ACCESSANNUITIES:PRODUCTRELEASES
▪ Fee-based structured annuity launched in August
▪ Lacks ...
MASSMUTUAL INDEX HORIZONSANNUITIES:PRODUCTRELEASES
▪ Single premium deferred fixed indexed annuity launched in August
▪ In...
LINCOLN I4LIFE INDEXED ADVANTAGEANNUITIES:PRODUCTRELEASES
▪ Fixed indexed annuity benefit rider debuted in August
▪ Provid...
AXA STRUCTURED CAPITAL STRATEGIES PLUSANNUITIES:PRODUCTRELEASES
▪ Variable annuity introduced in September
▪ Features cust...
LIFE INSURANCE: PRODUCT RELEASES
LIFEINSURANCE:PRODUCTRELEASES
BRIGHTHOUSE PREMIER ACCUMULATOR UNIVERSAL
▪ Updated version launched in July
▪ Eliminates surrender charges
▪ Offers a chr...
JOHN HANCOCK PROTECTION VUL WITH VITALITY
▪ Introduced in July
▪ Extends the Vitality program to the existing VUL policy
▪...
NATIONWIDE ACCUMULATOR VUL
▪ Launched in August
▪ Updates existing Nationwide VUL Accumulation product
▪ Focuses on growth...
NATIONWIDE PROTECTOR VUL
▪ Debuted in August
▪ Updates existing Nationwide VUL Protection product
▪ Promotes a guaranteed ...
ABOUT
ABOUT
ABOUT THE AUTHORABOUT
Megan Rafferty
Senior Research Associate
Annuity Monitor and Life Insurance Monitor
Megan Rafferty i...
ABOUT CORPORATE INSIGHT
Connect with Us
Corporate Insight provides competitive intelligence and user experience research t...
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Annuity and Life Insurance Product Update - Q3 2017

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This slide deck examines new product releases from annuity carriers and life insurers covered in Corporate Insight’s Annuity Monitor and Life Insurance Monitor research services.

Inside, we provide a rundown of new products introduced on coverage group firms’ websites in the third quarter of 2017 and highlight their key features.

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Annuity and Life Insurance Product Update - Q3 2017

  1. 1. AUTHOR: MEGAN RAFFERTY COPYRIGHT 2017 CORPORATE INSIGHT, INC. Annuity and Life Insurance Product Update Third Quarter 2017 PUBLISHED: OCTOBER 2017
  2. 2. TABLE OF CONTENTS ▪ Introduction ▪ Annuities: Product Releases o Nationwide Secure Growth o Pacific Life Index Foundation o Brighthouse Shield Level Select o Brighthouse Shield Level Select Access o MassMutual Index Horizons o Lincoln i4LIFE Indexed Advantage o AXA Structured Capital Strategies Plus ▪ Life Insurance: Product Releases o Brighthouse Premier Accumulator Universal Life o John Hancock Protection VUL with Vitality o Nationwide Accumulator VUL o Nationwide Protector VUL ▪ About TABLEOFCONTENTS
  3. 3. INTRODUCTION INTRODUCTION
  4. 4. INTRODUCTION BACKGROUND This slide deck examines new product releases from annuity carriers and life insurers covered in Corporate Insight’s Annuity Monitor and Life Insurance Monitor research services. Inside, we provide a rundown of new products introduced on coverage group firms’ websites in the third quarter of 2017 and highlight their key features.
  5. 5. Below is a list of the firms we track on a daily basis for our Annuity Monitor and Life Insurance Monitor research services: Annuity Monitor Life Insurance Monitor o Allianz Life o Athene o AXA o Brighthouse Financial o Fidelity o Guardian Life o Jackson National o Lincoln Financial o MassMutual o Nationwide o New York Life o Pacific Life o Principal o Prudential o TIAA o Transamerica o USAA o Vanguard o Voya o AXA o Brighthouse Financial o Haven Life o John Hancock o Liberty Mutual o Lincoln Financial o MassMutual o Nationwide o New York Life o Northwestern Mutual o Pacific Life o Principal o Prudential o State Farm o USAA INTRODUCTION FIRMS COVERED
  6. 6. ANNUITIES: PRODUCT RELEASES ANNUITIES:PRODUCTRELEASES
  7. 7. NATIONWIDE SECURE GROWTHANNUITIES:PRODUCTRELEASES ▪ Fee-based fixed indexed annuity debuted in July ▪ Features principal protection, growth potential and spousal protection ▪ Offers daily or annual crediting ▪ Was the only fee-based fixed indexed annuity using the MOZIAC index when launched
  8. 8. PACIFIC LIFE INDEX FOUNDATIONANNUITIES ▪ Fixed indexed annuity launched in July ▪ Includes five- to 10-year withdrawal periods ▪ Sells with Enhanced Lifetime Income Benefit 3 or Interest Enhanced Death Benefit riders
  9. 9. BRIGHTHOUSE SHIELD LEVEL SELECTANNUITIES:PRODUCTRELEASES ▪ Structured annuity introduced in August ▪ Offers three- and six-year surrender charge schedules ▪ Eliminates product options such as multiple index options and return of premium death benefits
  10. 10. BRIGHTHOUSE SHIELD LEVEL SELECT ACCESSANNUITIES:PRODUCTRELEASES ▪ Fee-based structured annuity launched in August ▪ Lacks surrender charges ▪ Eliminates product options such as multiple index options and return of premium death benefits
  11. 11. MASSMUTUAL INDEX HORIZONSANNUITIES:PRODUCTRELEASES ▪ Single premium deferred fixed indexed annuity launched in August ▪ Includes optional guaranteed income withdrawal benefit
  12. 12. LINCOLN I4LIFE INDEXED ADVANTAGEANNUITIES:PRODUCTRELEASES ▪ Fixed indexed annuity benefit rider debuted in August ▪ Provides both account value access and lifetime income ▪ Includes option to increase income payments ▪ Adapts previous variable annuity rider for fixed indexed annuities
  13. 13. AXA STRUCTURED CAPITAL STRATEGIES PLUSANNUITIES:PRODUCTRELEASES ▪ Variable annuity introduced in September ▪ Features customizable timeframe, level of protection and indices ▪ Offers potentially higher cap rates and longer investment commitment than the Structured Capital Strategies annuities
  14. 14. LIFE INSURANCE: PRODUCT RELEASES LIFEINSURANCE:PRODUCTRELEASES
  15. 15. BRIGHTHOUSE PREMIER ACCUMULATOR UNIVERSAL ▪ Updated version launched in July ▪ Eliminates surrender charges ▪ Offers a chronic and terminal illness rider ▪ Responds to demand for more flexibility LIFEINSURANCE:PRODUCTRELEASES
  16. 16. JOHN HANCOCK PROTECTION VUL WITH VITALITY ▪ Introduced in July ▪ Extends the Vitality program to the existing VUL policy ▪ Promotes competitive premiums and death benefit protection LIFEINSURANCE:PRODUCTRELEASES
  17. 17. NATIONWIDE ACCUMULATOR VUL ▪ Launched in August ▪ Updates existing Nationwide VUL Accumulation product ▪ Focuses on growth potential LIFEINSURANCE:PRODUCTRELEASES
  18. 18. NATIONWIDE PROTECTOR VUL ▪ Debuted in August ▪ Updates existing Nationwide VUL Protection product ▪ Promotes a guaranteed death benefit LIFEINSURANCE:PRODUCTRELEASES
  19. 19. ABOUT ABOUT
  20. 20. ABOUT THE AUTHORABOUT Megan Rafferty Senior Research Associate Annuity Monitor and Life Insurance Monitor Megan Rafferty is a Senior Research Associate for Corporate Insight’s Annuity Monitor and Life Insurance Monitor services. She has conducted extensive research on the annuity and life insurance industries, examining the online capabilities, educational resources and technological tools offered to prospects, clients and financial professionals. This quarterly study is the result of Megan’s ongoing research into product releases from leading annuity and life insurance providers. Contact Megan Rafferty: (646) 751-6974 mrafferty@corporateinsight.com Connect with Megan Connect with CI: Annuity Monitor and Life Insurance Monitor are service marks of Corporate Insight, Inc.; all rights reserved.
  21. 21. ABOUT CORPORATE INSIGHT Connect with Us Corporate Insight provides competitive intelligence and user experience research to the nation’s leading financial institutions. For more than 20 years, the firm has tracked technological developments in the financial services industry, identifying best practices in online banking and investing, online insurance, mobile finance, active trading platforms, social media and other emerging areas. There are no assumptions in Corporate Insight’s work—we use live accounts at all of the firms we research, providing our clients with unparalleled, unbiased intelligence on the competition. MEGAN RAFFERTY Senior Research Associate (646) 751-6974 mrafferty@corporateinsight.com MEDIA INQUIRIES Jenna Lesnoy, Associate Marketing Manager (646) 432-5484 pr@corporateinsight.com Press Coverage ABOUT

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