Traditional Deferred

Security of principal and assured accumulation are what annuities are all about.

The first annuities were issued during Roman times. Roman citizens could make a single payment to an “annua,” in exchange for a lifetime of annual payments.

Since then, annuities have evolved as insurance products that accumulate and distribute wealth. Standard Life of Indiana’s traditional annuities have four distinct advantages:

• Tax deferral
• Avoidance of probate
• Guaranteed income
• Issuable to age 95

Traditional annuities begin with a period of accumulation, during which policy values build-up without taxes being taken out. This period of tax deferral improves the performance of annuities, compounding interest on money that will eventually have to be paid as tax.

Then, at a time chosen by the annuity’s owner, traditional annuities can be converted into a source of predictable and secure income.

Standard Life of Indiana offers two traditional, deferred annuities:

• Saver’s 5, a 5 year flexible premium deferred annuity
• Saver’s 7, a 7 year flexible premium deferred annuity