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The Huntington Investment Company, a wholly owned subsidiary of Huntington Bancshares Incorporated, recently launched a new fixed annuity product that provides a higher rate than many certificates of deposits, tax deferred interest earnings, and a unique feature that allows customers to exit the product if renewal rates decrease by more than a half percent.

The Huntington SecureFore 7, issued by Forethought Life Insurance Company, is a seven-year fixed annuity that allows the customer to lock in a rate for three or five years.  At the end of that term and annually after that, the rate is reset. Customers can exit the contract with no penalty if the renewal rate drops more than a half percent below their base rate.

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