In a recent SEC filing, Venerable Insurance & Annuity Co submitted Form 497 for Separate Account B. This filing holds significance as it provides investors and regulators with detailed information about the operations and financial health of the company’s separate account. Separate accounts are used by insurance companies to segregate funds that are invested in variable annuities, offering policyholders the opportunity to invest in different investment options.
Venerable Insurance & Annuity Co is a reputable insurance company that offers a range of insurance and annuity products to its customers. With a focus on providing financial security and retirement solutions, the company has established itself as a trusted provider in the industry. For more information about Venerable Insurance & Annuity Co, you can visit their website here.
Form 497 is a filing required by the Securities and Exchange Commission (SEC) for variable annuity products. It provides details about the separate accounts maintained by insurance companies, including information about the investments held within the account, fees, and performance data. Investors and regulators use this information to assess the financial stability and investment strategies of the company, ensuring transparency and accountability in the insurance industry.
Read More:
Venerable Insurance & Annuity Co Files Form 497 for Separate Account B Submission
Leave a Reply