WEST CHESTER, Pa., Oct. 26 /PRNewswire/ -- ING U.S. Retail Annuities
Business Group, a unit of ING U.S. Financial Services, is introducing a new
ING Secure Index family of index annuities providing an innovative mix of
guarantees, flexibility and choice.
"We believe people are looking for ways to save with opportunities to grow
their savings, and annuities can be an attractive alternative because of the
combination of guarantees and benefits unique to annuities," said Harry N.
Stout, president, ING U.S. Retail Annuities Group.
"Index annuities, such as the annuities in the ING Secure Index family,
offer protection from market risk with minimum guarantees and the potential
for higher credited interest than may be available with traditional saving
The ING Secure Index family is comprised of three index annuities:
- ING Secure Index Five, which carries a surrender charge period of 5
- ING Secure Index Opportunities Plus, with a 5 percent first-year
- ING Secure Index Seven, which carries a 7-year surrender charge period
and reflects the renaming of ING Secure Index, first introduced in 2003
The ING Secure Index product family also offers individuals the
flexibility to choose the index-crediting strategy or strategies that best
meets their desired balance of risk and the possibility of higher credited
interest. The four available index-crediting strategies are: Fixed Rate
Strategy; Point-to-Point Participation Index Strategy; Point-to-Point Cap
Index Strategy; and Monthly Average Index Strategy.
"We introduced the first ING Secure Index a couple of years ago, and it is
recognized as one of the leading products of its type," said Stout. "In
response to market demand, we decided to expand our offering and developed the
ING Secure Index family of index annuities, and can now offer additional
choice to people interested in the value these products can provide."
For more information about the ING Secure Index family of indexed
annuities, financial advisors should contact ING at 800-369-5301.
*Products offering a bonus may offer lower credited interest rates and/or
caps, than products not offering a bonus. Over time, and under certain
circumstances, the amount of the bonus may be offset by the lower credited
interest rate and/or caps.
Contracts issued by ING USA Annuity and Life Insurance Company, 909 Locust
St., Des Moines, IA 50309. Products not available in all states. The assets
and rankings of ING have no impact on ING USA Annuity and Life Insurance
Company's ability to meet its obligations or on the performance of its
ING is a global financial institution of Dutch origin offering banking,
insurance and asset management to over 60 million private, corporate and
institutional clients in more than 50 countries. With a diverse workforce of
over 113,000 people, ING comprises a broad spectrum of prominent companies
that increasingly serve their clients under the ING brand.
In the U.S., the ING family of companies offer a comprehensive array of
financial services to retail and institutional clients which include life
insurance, retirement plans, mutual funds, managed accounts, alternative
investments, direct banking, institutional investment management, annuities,
employee benefits, financial planning, and reinsurance. ING holds top-tier
rankings in key U.S. markets and serves over 14 million customers across the
nation. For more information, visit www.ing.com
Press enquiries: ING U.S. Financial Services
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