Lincoln Benefit Life
Short Company Name:
Lincoln Benefit Life
Long Company Name:
Lincoln Benefit Life Company
Company Type:
Insurance Company
Phone Number:
800-525-9287
Year Founded:
1938
Key Phrases:
Glossary:
Variable Annuity
In contrast to a fixed annuity, the key features of a variable annuity can fluctuate (they are “variable”) during the accumulation period and during the payout phase. Also in contrast to a fixed annuity, the variable annuity contract holder assumes much of the investment risk. With a variable annuity, the insurance company provides the contract holder with the ability to determine how his or her premiums are invested. One investment option is a variable account which typically consists of equity, bond or money market mutual funds. The other option is the general account of a variable annuity which provides a guaranteed return. The contract holder decides how much risk or variability they want to tolerate by allocating premium payments among the general and variable accounts. The amount of money accumulated and the amount of income during the payout phase are determined by the returns of these accounts. With a variable annuity: 1) the money can go in as a single premium payment or a series of payments; 2) the money is invested at a variable or non guaranteed rate; 3) payments are variable and can begin immediately or at some future date.
Thrivent
Short Company Name:
Thrivent
Long Company Name:
Thrivent Financial For Lutherans
Thrivent Financial is a company dedicated to serving Lutherans in the insurance and banking sector. Thrivent is a Fortune 500 financial services organization and is a faith-based organization. Thrivent is the largest fraternal benefit society in the United States. Products include annuities, mutual funds, insurance, banking, and church loans. Brief descriptions of product areas is as follows:
Company Type:
Insurance Company
Web Site:
Phone Number:
800-847-4836
Fax Number:
800-225-2264
Year Founded:
1902
Key Phrases:
Glossary:
Pacific Life
Short Company Name:
Pacific Life
Long Company Name:
Pacific Life Insurance Company
Pacific Life Company provides its customers with services in annuities, college savings, life insurance, mutual funds, and other products. It also provides financial planning and educational information to its customers. Products include:
1) Fixed Annuity: A fixed annuity provides defined growth of principal and interest, free from taxes until money is withdrawn. Fixed annuities generally guarantee a fixed amount of interest for several years; others guarantee rates from one to three years, and renew at the option of the insurance company.
Company Type:
Insurance Company
Web Site:
Phone Number:
800-800-7646
Year Founded:
1868
Key Phrases:
Glossary:
Northwestern Mutual
Short Company Name:
Northwestern Mutual
Long Company Name:
Northwestern Mutual
Northwestern Mutual is a mutual insurer that has been in operation since 1857. Northwestern Mutual offers products and services in the areas of insurance and investments. Specifically, the company offers products in the areas of life insurance, disability insurance, annuities, long-term care, mutual funds, financial planning, estate planning, trust services and other investment advisory services.
Company Type:
Insurance Company
Web Site:
Phone Number:
414-271-1444
Year Founded:
1857
Key Phrases:
Glossary:
New York Life
Short Company Name:
New York Life
Long Company Name:
New York Life
Company Type:
Insurance Company
Web Site:
Phone Number:
800-598-2019
Year Founded:
1979
Key Phrases:
Glossary:
