Symetra Advisory Income Edge and Advisory Edge are individual
single-premium fixed indexed deferred annuities with a market value
adjustment feature. Annuities are issued by Symetra Life Insurance
Company, 777 108th Avenue NE, Suite 1200, Bellevue, WA 98004. Contract
form number is ICC14_RC1in most states. The Guaranteed Lifetime
Withdrawal Benefit Rider form number is ICC15_RE1 in most states.
Product and rider are not available in all U.S. states or any U.S.
territory. Terms and conditions may vary.
Market value adjustment does not apply in California.
A rider is a provision of the annuity with additional costs, potential
benefits and features that should never be confused with the annuity
itself.
Guarantees and benefits are subject to the claims-paying ability of
Symetra Life Insurance Company.
Symetra Advisory Income Edge and Advisory Edge have fixed and indexed
accounts. Interest credited to the indexed accounts is affected by the
value of outside indexes. Values based on the performance of any index
are not guaranteed. The contract does not directly participate in any
outside investment.
If the contract is being funded with multiple purchase payments, e.g.
1035 exchanges, funds will be held and the contract will not be issued
until all purchase payments have been received. Interest is not credited
between the dates the purchase payments are received and the date the
contract is issued.
Except for the JPMorgan ETF Efficiente 5 Index, the performance of an
index does not reflect the payment or reinvestment of dividends.
It is not possible to invest in an index.
Symetra reserves the right to add or remove any index or indexed
interest crediting method options. If any index is discontinued or if
the calculation of any index is changed substantially, Symetra reserves
the right to substitute a comparable index.
The S&P 500 Index is a product of S&P Dow Jones Indices LLC ("SPDJI"),
and has been licensed for use by Symetra Life Insurance Company (SLIC).
Standard & Poor's®, S&P® and S&P 500® are registered trademarks of
Standard & Poor's Financial Services LLC ("S&P"); Dow Jones® is a
registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones");
and these trademarks have been licensed for use by SPDJI and its
affiliates and sublicensed for certain purposes by SLIC. Symetra
Advisory Income Edge and Advisory Edge are not sponsored, endorsed, sold
or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and
none of such parties make any representation regarding the advisability
of investing in such product(s) nor do they have any liability for any
errors, omissions, or interruptions of the S&P 500 Index.
The JPMorgan ETF Efficiente® 5 ("JPM ETF Efficiente Index") has been
licensed to Symetra Life Insurance Company (the "Licensee") for the
Licensee's benefit. Neither the Licensee nor Symetra Advisory Income
Edge and Advisory Edge (the "Product") is sponsored, operated, endorsed,
recommended, sold or promoted by J.P. Morgan Securities LLC ("JPMS") or
any of its affiliates (together and individually, "JPMorgan"). JPMorgan
makes no representation and gives no warranty, express or implied, to
contract owners in or those otherwise taking exposure to the Product.
Such persons should seek appropriate professional advice before making
any investment. The JPM ETF Efficiente Index has been designed and is
compiled, calculated, maintained and sponsored by JPMS without regard to
the Licensee, the Product or any contract owner. JPMorgan is under no
obligation to continue compiling, calculating, maintaining or sponsoring
the JPM ETF Efficiente Index. JPMorgan may independently issue or
sponsor other indices or products that are similar to and may compete
with the JPM ETF Efficiente Index and the Product. JPMorgan may also
transact in assets referenced in the Index (or in financial instruments
such as derivatives that reference those assets). These activities could
have a positive or negative effect on the value of the JPM ETF
Efficiente Index and the Product.
Interest is credited to indexed accounts using a point-to-point
crediting method which compares the value of the index at the beginning
of the one-year interest term to its value at the end of the interest
term, subject to a cap (maximum). The indexed interest cap is set at the
beginning of each interest term. If the index performance is positive,
interest is credited for that term, not to exceed the cap. If the index
performance is negative, no interest is credited for that term.
The interest for each indexed account option is calculated separately
and is subject to its own floor and cap. Indexed interest is calculated
and credited (if applicable) at the end of each annual interest term.
Withdrawals from an indexed account before the end of the term will not
receive interest for that term.
We will deduct the GLWB Rider Charge for each Interest Term the Rider is
in effect. Please refer to the contract for more information.
Products and services vary by distributor.
Symetra Life Insurance Company, 777 108th Ave NE, Suite 1200, Bellevue,
WA 98004. All rights reserved.
Symetra® is a registered service mark of Symetra Life Insurance Company.
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