Sammons Retirement Solutions®, which creates simple, innovative and straightforward solutions to help individual investors live well in retirement has launched the LiveWell® Freedom Variable Annuity (VA) which features a first-of-its-kind Guaranteed Lifetime Withdrawal Benefit (GLWB) feature. The innovative VA is the first that provides investors with greater freedom in retirement on their “Freedom Date,” a specific date determined at issue.
Sammons Financial Group Donates Funds Towards Galileo Scholastic Academy of Math & Science’s New Science Laboratories
Sammons® Financial Group Member Companies employees recently participated in the ribbon cutting ceremony for Galileo Scholastic Academy of Math & Science’s (Galileo) new science laboratories. The event marked the completion of construction for the labs, a project that was initiated by a parent-led fundraising group, Friends of Galileo, and supported by Sammons Financial Group, Chicago Public Schools, a private family and the school’s 2017 Reach for the Stars fundraiser.
Sammons® Financial Group Member Companies (SFG) employee, Mary Buscher, was awarded the Knights of Columbus Award at the opening ceremony of the Special Olympics Iowa Summer Games held on May 17, 2018. The Knights of Columbus Award is the highest honor given to volunteers of Special Olympics Iowa. Recipients have demonstrated the spirit of Special Olympics through dedication and unselfish efforts.
Midland National® Life Insurance Company announced the expansion of WriteAway Accelerated Underwriting availability on permanent life insurance products. Previously available on term products only, the new technology offers a faster and less invasive process for issuing a life insurance policy.
North American Company for Life and Health Insurance has announced the expansion of WriteAway Accelerated Underwriting to permanent life insurance products. Previously offered only on term products, this faster and less invasive process allows for a simple online application process with an underwriting decision to be made in as little as 48 to 72 hours.