Waddell & Reed

Insurance and Annuity Solutions

Insurance and annuities can be an important component of your advisor practice and a cornerstone of your clients’ risk management strategies. That’s why we offer a broad range of products from many of the industry’s leading providers.

Annuities can address your clients’ needs for retirement income. We offer a variety of fixed and variable annuity options that allow your clients to accumulate money for their retirement and/or turn a lump sum of money into a guaranteed stream of income.

Life Insurance provides a protective cushion through a valuable death benefit. Available life insurance products include term life, whole, variable and variable universal , universal and indexed universal, group and long-term disability.

Long-term Care Insurance provides valuable support and financial resources that help cover the cost of long-term care in the event of an illness, accident, or through the normal effects of aging. Also available are a variety of approved Medicare supplement plans.

Disability Income Insurance provides monthly income to help maintain standard of living and offers the ability to retain independence and dignity without burdening others.

Health Insurance provides coverage for medical, prescription drug and dental expenses. We offer a variety of plans for individuals as well as Medicare supplement plans.

Investors should carefully consider the investment objectives, risks, charges and expenses of a variable life insurance policy and variable insurance contract, along with the underlying investments, before investing.

For a prospectus containing this and other information for any variable insurance product, contact the appropriate provider. Please read the prospectuses carefully before investing.

Variable annuities are suitable for long-term investing, particularly for retirement. All guarantees are contingent on the claims-paying ability of the issuing insurance company. Variable and fixed annuities may charge for separate account management fees and additional insurance costs, such as mortality and expense fees. Annuities have surrender charges for withdrawals in the early years and a 10% tax penalty for withdrawals prior to age 59 1/2.

Waddell & Reed offers insurance products through arrangements with outside insurance companies.