To expand the reach of its annuity products, Keyport Life Insurance Co. devised one that skirts two of the greatest stumbling blocks to annuity sales: surrender charges and annual maintenance fees.

The new product, Keyport Advisor Vista, a companion to the established Keyport Advisor, targets people with a large amount of money on hand to invest, including those who have an annuity elsewhere but would like to roll it into a Keyport annuity. It takes a hefty $25,000 to open a Keyport Advisor Vista annuity, while someone can open a traditional annuity with just $5,000.

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