Fidelity Security Life

[MAnnuity]

Anyone heard of this company? I've heard 4% rate for 5 years, no chargeback on death (even in Year 1), full account value to bene at death, AND 4% commission. Checked them out on VitalSigns, rated A- with AM Best- any insight into the carrier or their annuity products? This just seems so out of whack compared to what everyone else is offering right now.

 

[pcwest]

I was in a competitive situation and the other guy brought in FSL., and I lost.

The commission and the rate seems very high to me too.

I wonder if their surrender charges are higher than F&G or Phoenix for a 5 year fixed annuity.