JXN
- Jackson Financial Inc.
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Overview
Company Summary
Jackson Financial Inc. (JXN) is a financial services company that operates primarily in the insurance industry. Established in 1961, Jackson Financial has grown to become a leading provider of annuities, life insurance, and retirement solutions in the United States.
One of the core offerings of Jackson Financial is annuities. Annuities are a type of insurance product that provide a steady income stream during retirement. Customers can choose from various types of annuities, such as fixed, indexed, or variable annuities, depending on their risk tolerance and financial goals. These annuities allow individuals to save for retirement while providing protection against market volatility.
In addition to annuities, Jackson Financial also specializes in life insurance products. They offer both term and permanent life insurance options. Term life insurance provides coverage for a specific period, typically 10, 20, or 30 years, while permanent life insurance provides lifelong coverage and includes a savings component, allowing policyholders to build cash value over time.
Furthermore, Jackson Financial offers a range of retirement solutions to help individuals plan for their financial future. Their retirement offerings include individual retirement accounts (IRAs), 401(k) rollovers, and portfolio diversification strategies. Through their financial advisors, Jackson Financial helps clients evaluate their retirement goals, assess their risk tolerance, and build personalized investment plans.
Overall, Jackson Financial Inc. aims to provide individuals with the tools and resources to secure their financial well-being, protect their families, and plan for a comfortable retirement. Through their comprehensive portfolio of annuities, life insurance, and retirement solutions, they strive to meet the diverse needs and financial goals of their customers.