Talcott Resolution Life Insurance Company

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Talcott Resolution is a life insurance company based in Hartford, Connecticut. The company was founded in 1865 and is now one of the largest providers of life insurance and annuities in the United States. Talcott Resolution offers a range of products and services to its customers, including individual life insurance, group life insurance, and annuities.

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History of Talcott Resolution Life Insurance Company

The company that is now Talcott Resolution was originally founded in 1865 as the Connecticut General Life Insurance Company. Over the years, the company grew through acquisitions and mergers with other insurance companies. In 1995, the company changed its name to CIGNA Corporation, and it continued to offer life insurance and other insurance products.

In 2012, CIGNA announced that it would sell its individual life insurance and annuity business to a subsidiary of the Apollo Global Management private equity firm. The new company was named Commonwealth Annuity and Life Insurance Company, and it was later rebranded as Athene Annuity and Life Assurance Company.

Following this sale, CIGNA continued to operate its group life and disability insurance businesses, but it decided to exit the business of providing guaranteed minimum income benefits (GMIBs) on variable annuity contracts. In 2018, the company announced that it would sell this business to a subsidiary of the Wilton Re group of companies, which would later become Talcott Resolution.

Products and Services Offered by Talcott Resolution

Talcott Resolution offers a range of products and services to its customers, including individual life insurance, group life insurance, and annuities. The company’s individual life insurance products include term life insurance, universal life insurance, and variable universal life insurance. Talcott Resolution’s group life insurance products are designed to provide life insurance coverage to employees of companies and organizations, and these products can be customized to meet the specific needs of each group.

The annuities offered by Talcott Resolution are designed to provide income to investors during retirement. The company offers both fixed and variable annuities, and these products can be customized based on the investor’s risk tolerance and investment goals. Talcott Resolution’s annuities also offer a range of optional riders, including guaranteed minimum withdrawal benefits, guaranteed minimum income benefits, and death benefit riders.

FAQ

Question
Answer
What is Talcott Resolution?
Talcott Resolution is a life insurance company based in Hartford, Connecticut.
What types of insurance products does Talcott Resolution offer?
Talcott Resolution offers individual life insurance, group life insurance, and annuities.
What are Talcott Resolution’s annuity products?
Talcott Resolution offers both fixed and variable annuities, which are designed to provide income to investors during retirement.
Are there any optional riders available with Talcott Resolution’s annuities?
Yes, Talcott Resolution’s annuities offer a range of optional riders, including guaranteed minimum withdrawal benefits, guaranteed minimum income benefits, and death benefit riders.
What is the history of Talcott Resolution?
Talcott Resolution was originally founded in 1865 as the Connecticut General Life Insurance Company. Over the years, the company grew through acquisitions and mergers with other insurance companies.

Conclusion

Talcott Resolution is a well-established life insurance company that offers a range of products and services to its customers. The company’s individual life insurance products, group life insurance products, and annuities are designed to provide financial protection and income to customers throughout their lives. With its long history and commitment to providing quality insurance products, Talcott Resolution is a trusted partner for individuals and organizations seeking insurance solutions.

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