MADISON, Wis. – CUNA Mutual Group has been included in Barron’slist of “The 50 Best Annuities, the company reported.
CUNA Mutual Group appeared on the publication’s Deferred Income Annuity pension and longevity lists for the insurer’s MEMBERS Future Income Annuity product, which turns a lump sum of money into a lifelong income stream.
According to Barron’s, the 50 best annuities “screened for the most competitive contracts across different types of annuities using assumptions such as age and size of investments.” Barron’s further narrowed its list to include only insurers with an A.M. Best financial strength rating of A- or above.
Proud of Ranking
“We are proud to be ranked among the best annuities in the country,” said David Hanzlik, vice president of annuity solutions, CUNA Mutual Group. “In an industry with constant change and market uncertainty, we are focused more than ever on creating investment products and services that are easy to understand. We’ve served financial institutions and advisors with innovative products for more than 80 years, and we play a critical role in helping people make choices that support their financial goals.”
CUNA Mutual Group has recently expanded distribution of annuity products to other nationally known financial institutions and broker-dealers, the company noted.
MEMBERS Future Income Annuity is sold through licensed representatives. To learn more about the annuity’s benefits, costs, and other important information, call 1.888.888.3940, or visit www.membersproducts.com.