Symetra Interview 1

What's an annuity?

For Individuals: A long-term contract between you and an insurance company. There are several options. Some annuities are designed to provide immediate, guaranteed retirement income that lasts as long as you want—even the rest of your life. Others offer more growth potential and can also provide steady, guaranteed income later in retirement. And others offer protection from market losses.

What’s an income annuity?

For Individuals: Turns your money into a regular series of income payments that can continue for life.

What’s a fixed indexed annuity?

For Individuals: A long-term insurance product designed to provide growth potential for your money without downside market risk.

What’s an index-linked annuity?

For Individuals: A long-term insurance product designed to provide growth potential for your money. It has some downside risk, but less risk than other strategies.

What’s a fixed deferred annuity?

For Individuals: A long-term insurance product that provides protection and growth for your retirement money. It can also create a series of income payments that can continue for life.

What is life insurance?

For Individuals: Provides financial protection for the people you care about when you die. But many life insurance policies can do much more. Some policies also accumulate cash value  (also known as policy value) you can use for expenses or income in retirement. Some are designed to help transfer wealth (via the "death benefit" proceeds) to your beneficiaries, generally free of federal income tax, after you die.

What’s term life insurance?

For Individuals: Provides a death benefit payment (proceeds to your beneficiaries) if you die during your term coverage (known as the policy term).

What is permanent life insurance?

For Individuals: Provides a death benefit payment (proceeds to your beneficiaries) that is generally free of federal income tax and—depending on the product—may accumulate cash value (also known as policy value) you can access if you need it.1

What is group life insurance and disability insurance?

For Employees: Pay financial benefits that can help protect your loved ones if you die or become too sick or injured to work. And because you buy it through your employer, it typically costs less than purchasing it on your own.

What are supplemental benefits?

For Employees: Is insurance policies provide coverage beyond your traditional medical plan. They provide financial benefits that can help with expenses if you have an accident, are diagnosed with a covered medical condition or are hospitalized.

Why critical illness insurance?

For Employees: can provide some financial relief during a serious medical condition or life event.

Why accident insurance?

For Employees: Provides benefits to help cover out-of pocket medical expenses related to an accidental injury.

It can help you reach your deductible, copay or coinsurance requirements, or pay for additional costs triggered by an accident, such as childcare or transportation during recovery.

Why have Hospital indemnity?

For Employees: If you end up in a hospital, your focus should be on your recovery, not your medical bills. Hospital indemnity insurance can help with the cost of your stay to give you and your family some financial peace of mind.

Group life and accidental death and dismemberment (AD&D)

For Employers: Help employees get valuable term life insurance at a lower cost than individual coverage.

Group disability

For Employers: We strive to deliver a high-quality customer experience that helps individuals overcome challenges and return to the workplace.

Absence management

For Employers: Our fully integrated management program eases the burden of administering leaves, reducing your risk of non-compliance.

Our group supplemental health insurance products

For Employers: benefits that can help pay for out-of-pocket medical expenses like deductibles, coinsurance and copays, plus other unexpected costs such as transportation and child or home care during recovery.

GapAssist

For Employers: the unexpected costs of an accident, hospitalization or serious medical condition can be challenging. Even with major medical insurance, deductibles, coinsurance and other expenses can quickly add up. Helps provide a financial safety net by offering accident, hospital and critical illness benefits in one convenient, simple-to-use package.