Jackson National Life Insurance Co. in Lansing, Mich., introduced Fifth Third Perspective on Wednesday, a variable annuity designed exclusively for customers of Fifth Third Securities Inc.
Fifth Third Securities is a unit of Fifth Third Bancorp in Cincinnati.
Fifth Third Perspective is modeled after Jackson National's Perspective II Fixed and Variable Annuity, and it advances Jackson National's relationship with Fifth Third, the insurer said. Through the annuity Fifth Third customers can select from a range of benefits, including a fixed-account option for periods of one, three, five, or seven years, as well as five death benefit options.
