Horace Mann Unveils New Annuity Products for Educators
April 12 2006 - 1:38PM
PR Newswire (US)
SPRINGFIELD, Ill., April 12 /PRNewswire-FirstCall/ -- Horace Mann
Educators Corporation (NYSE:HMN) has released two new annuity
products, giving America's educators more choices to meet their
financial needs. The Goal Planning Annuity (GPA) offers educators a
variable annuity product with a fixed interest account option and
two optional riders that enhance the death benefit feature of the
product. And, in partnership with Wilshire & Associates, a
leading pension and investment consultant, GPA provides educators
the opportunity to invest with some of the finest fund families and
fund offerings available. Choices include: T. Rowe Price, Fidelity,
Alliance, Davis, Ariel Capital Management and Putnam, among others.
By utilizing tools that provide assistance in determining needs and
making asset allocation decisions, educators are able to choose the
right investment mix to meet their personal risk tolerance and
retirement goals. Expanding Horizons is a new fixed interest rate
annuity contract for more conservative investors. This product
offers educators a competitive rate of interest on their retirement
dollars and the choice of bonuses to optimize their benefits at
retirement. "These new annuity products were designed specifically
to meet the financial needs of educators and their families," says
Frank D'Ambra III, senior vice president, Life and Annuity. "Horace
Mann was founded by teachers for teachers and our financial service
offerings reflect our ongoing commitment to the educational
community." Horace Mann -- the largest national multiline insurance
company focusing on educators' financial needs -- provides auto and
homeowners insurance, retirement annuities, life insurance and
other financial solutions. Founded by educators for educators in
1945, the company is headquartered in Springfield, Illinois. For
more information, visit http://www.horacemann.com/ . DATASOURCE:
Horace Mann Educators Corporation CONTACT: Paul Wappel, AVP, Public
Relations of The Horace Mann Companies, +1-217-788-5373, or Web
site: http://www.horacemann.com/
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