Marketing One Inc., a Portland, Ore., company that helps hundreds of banks sell investment products, has added a pair of annuities from SunAmerica Inc. to its product menu.
The products are called IndexAmerica Single Premium Deferred Annuity and Polaris Variable Annuity.
C. Paul Patsis, Marketing One's chief executive, said in a statement that he expects the IndexAmerica annuity to be particularly popular with bank customers. "It offers a guaranteed 3% return, plus the prospect of much higher earnings indexed to the Standard & Poor's 500," he said.
Several companies - including Jackson National Life and Keyport Life Insurance Co. - have recently come out with similar products.
SunAmerica, based in Los Angeles, specializes in retirement savings and has assets of more than $36 billion.