March 10, 2021

Program Updates

Symetra Term is now available for high-net-worth foreign nationals

In addition to our fixed permanent life insurance, we’re pleased to announce that Symetra Term Life Insurance will be available with our high-net-worth foreign national (HNWFN) market program, effective March 1, 2021.

If you’re currently working with or have referrals for HNWFN clients, when the time is right, our market expertise and product solutions can help navigate the generational wealth transfer process with a program and guidelines (PDF) designed specifically for them.

Check out our HNWFN-dedicated site for more information and our latest sales tools.

Explore our HNWFN Site

Product Updates

Reminder: Updated caps and participation rates for Symetra IUL

Due to the continued low interest rate environment, we will be making changes to our Symetra Accumulator and Protector IUL products, effective April 14, 2021. These changes will affect all in-force policies and new business, including new premium, transfers (including DCA) and reallocations of matured segments.

Please review the key dates and detailed information (PDF) on our index cap, participation, and max illustrated rate changes.

How IUL features and performance can affect future distributions

Indexed universal life (IUL) products can help your clients create supplemental retirement income by accessing policy cash value growth through tax-free policy loans and withdrawals.¹ But, with all the complexities and moving parts of some IUL products today, what are the chances the policy will perform as illustrated?

Our recently updated brochure highlights a range of hypothetical performance scenarios that look at the effects that product design and performance can have on future distributions—including Symetra’s Accumulator IUL.

See How Accumulator IUL Compares(PDF)

Get quick and easy in-force illustrations with Symetra Life Illustrator

Did you know you can run quick in-force illustrations for your active Symetra permanent and indexed universal life cases through Symetra Life Illustrator?

Designed to help you more efficiently manage your book of business and your clients’ requests, Life Illustrator is simple and easy to use. Our brief tutorial highlights how to access both the downloadable and web versions of the tool and provides tips on running in-force illustrations.

Watch our tutorial to learn more