Upstream Life Insurance Company, established in 1912, is offering the most competitive Multi-Year Guaranteed Annuity (MYGA) rates in the nation, according to market research firm Wink, Inc.’s AnnuitySpecs Tool. The company is presently offering the most competitive MYGA rates for numerous guarantee periods, including their 3-, 5-, 7-, 10-, and 15-year MYG Annuity product terms.
“Upstream Life plans on being a leader in the life insurance and annuity market,” exclaimed Derek Hebert, President and CEO of Upstream Life. He continued, “Our competitive product offerings uniquely reflect the value proposition that we want to offer to consumers who are concerned about outliving their retirement funds.”
Research from Wink’s Sales & Market Report shows that 37.8% of MYGA sales are in three-year annuity durations, another 44.7% is allocated to five-year MYGAs, and another 10.6% of sales are allocated to seven-year MYGA product terms. Upstream Life Insurance Company presently offers Multi-Year Guaranteed Annuities with 3-, 5-, and 7-year terms, as well as 10 and 15 years.
