At Symetra, we remain committed to the individual life business and to products that provide value to our mutual customers and are sustainable over the long term.

As a result of the continued low interest rate environment, we will be implementing the following temporary death benefit and premium limits effective Monday, March 15, 2021:

  • Temporary death benefit limit: $20 million
  • Temporary premium limit: $1 million

We are currently reaching out to individuals who have business in house to work through our transition process.

Important dates

March 15, 2021: All formal applications must be received at Symetra’s home office in good order (fully completed, signed and dated).

March 15, 2021: Symetra Life Illustrator and Winflex illustration systems will be updated to include these temporary limitations.

April 30, 2021: The date in which all cases must be issued/paid. For 1035 exchange cases, the deadline will be extended if the only outstanding requirement is the receipt of 1035 funds. Cases that are not issued/paid by this date can proceed, but with a reduced death benefit not to exceed the $20 million limit.

As we continue to work on expanding our product portfolio, we look forward to launching a suite of new products throughout 2021 to help meet your clients’ life insurance needs.

Corporate Headquarters:
604 Harper Avenue, Jenkintown, PA 19046 | P: 800.543.5555 / 215.517.4080 | F: 800.343.0804 / 215.517.4087

Miami Office:
3470 NW 82nd Avenue, Suite #670, Doral, FL 33122 | P: 800.683.3077 / 305.908.6700 | F: 800.343.0804

Securities offered through The Leaders Group, Inc. Member FINRA/SIPC 26 W. Dry Creek Circle, Suite 800, Littleton, CO 80120, 303-797-9080.

Premier Brokerage Services is not affiliated with The Leaders Group, Inc.

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