New Index Crediting Strategies on Symetra’s Accumulator IUL

Have you checked out the new Index Crediting Strategies on Symetra’s Accumulator IUL?

Flexibility is a key component in any type of planning, and insurance planning is no exception. That fact alone makes the addition of new index crediting options to an already compelling IUL from Symetra a good thing. When these additions, including an index from JPMorgan that is exclusive to Symetra, also bring opportunities for higher caps and improved performance, it is time to pay attention to see how they could impact your next case! Read on for the details from Symetra.

From Symetra …

More cash accumulation potential for your clients

For an additional cost, our new Select Index Strategies provide opportunities for higher index caps and participation rates to help clients achieve their accumulation goals.

Six focused indexed options

Accumulator IUL now offers six index strategies—three Core Index Strategies and three Select Index Strategies—plus a fixed account.

Our Core Index Strategies allow the policyowner to lock in any interest earnings and help protect against losses in negative markets. Core options include:

  • S&P 500® Index – 1-Year Point-to-Point Capped: This 1-year strategy seeks to generate returns based on the S&P 500® Index.
  • JPMorgan ETF Efficiente® 5 Index – 1-Year Point-to-Point No-Cap: This 1-year, multi-asset class index strategy seeks to generate returns by using a diverse array of ETFs and a cash index. This design focuses on maximizing returns while limiting volatility. The JPMorgan ETF Efficiente® 5 Index is licensed exclusively to Symetra Life Insurance Company for use in indexed life insurance.
  • Blended S&P 500® and JPMorgan ETF Efficiente® 5 Index – 2-Year Point-to-Point No-Cap: This 2-year, blended strategy provides an index credit that equals 50% of the uncapped S&P 500® return added to 50% of the JPMorgan ETF Efficiente® 5 return at a current 140% participation rate. Over a longer time horizon, this strategy increases diversification and may help minimize short-term market volatility.

Our Select Index Strategies offer the same features as our Core Strategies and include:

  • S&P 500® Index Select – 1-Year Point-to-Point.
  • JPMorgan ETF Efficiente® 5 Index Select – 1-Year Point-to-Point.
  • Blended S&P 500® and JPMorgan ETF Efficiente® 5 Select – 2-Year Point-to-Point.

Please see the formal announcement from Symetra for additional details.

Give your life sales team a call at 800.992.2642 to get a proposal for your next client meeting.


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