Summit Bonus Index provides principal protection, tax deferral and the opportunity to earn a consistent stream of income for life.
Salt Lake City, UT (PRWEB) May 05, 2014
Sentinel Security Life Insurance Company (Sentinel Security Life) announced the launch of Summit Bonus Index, a fixed index annuity, in the state of Washington.
Available today, the Summit Bonus Index provides principal protection, tax deferral and the opportunity to earn a consistent stream of income for life. This product is interesting in that the crediting strategies mirror the performance of the market, giving you the opportunity to participate in the rise of the market without having to experience losses if the market declines.
Sentinel Security's Summit Bonus Index annuity offers traditional fixed annuity benefits such as death benefits, access to funds in the event of unforeseen circumstances, tax-deferral, and guaranteed minimum interest. In addition to these traditional benefits, the Summit Bonus Index also offers a great fixed rate along with four other crediting strategies with recently increased crediting caps. In addition to these fantastic rates, an optional Income Rider with competitive guaranteed payout.
Summit Bonus Index is now available in the following states: California, Florida, Illinois, Pennsylvania, Texas, Utah, and Washington.
About Sentinel Security Life Insurance Company
Sentinel Security Life was founded in 1948 to provide insurance products to help seniors fund final expenses. Since then, Sentinel Security has grown substantially, and has done so without forgetting the company's original mission: to provide the best possible products and services to policyholders. Sentinel Security Life Insurance Company focuses on the senior market, offering a full range of competitive products to meet the needs of all consumers.