The new products are The Hartford Saver Solution and The Hartford Saver Solution Choice, designed for consumers who want the potential to earn higher interest rates than are currently available, but are fearful of losing money due to a volatile stock market. The annuities offer principal protection with the potential to earn interest from three interest crediting options, two of which are based in part on the performance of an equity index or indices. All three methods offer growth potential through interest crediting without the threat of investment losses, since clients do not invest in any securities.
The new annuities will be distributed through The Hartford’s wholesaling team as well as WealthVest Marketing, a San Francisco-based advanced marketing firm that specializes in the distribution of fixed and fixed-index annuities.
“We are very excited about the relationship with The Hartford to distribute their fixed index annuity products through their broker-dealer relationships,” said Lincoln Collins, president, WealthVest Marketing, Inc.