symetra edge Pro Fixed Indexed Annuity Protect, grow and diversify your retirement money.

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1 symetra edge Pro SM Fixed Indexed Annuity Protect, grow and diversify your retirement money. Not a bank or credit union deposit or obligation Not FDIC/NCUA/NCUSIF insured Not insured by any federal government agency Not guaranteed by any bank or credit union May lose value FAM /11

2 Step to the edge The world looks a lot bigger when you step to the edge. That s where you can best see all that lies ahead. It s the same with the world of retirement. Sometimes you need a fresh perspective to see how your dreams can come true. Like the one where money you ve set aside for retirement is protected and growing. There are plenty of ways to protect your money. The challenge? Protection that doesn t come at the price of growth. That s where Symetra Edge Pro comes in. Symetra Edge Pro gives you a possible advantage over those stashing their retirement dollars in low-growth safe havens. It helps protect the money you ve saved while giving it the opportunity to grow by diversifying (not putting all your eggs in one basket). So step to the edge and put the power of diversification to work for you.

3 The basics We ll explain in detail how Symetra Edge Pro works. But if you re new to the world of annuities, here s an introduction. Q what s a fixed annuity? Q what s a fixed indexed annuity? A It s a type of insurance product designed for more conservative investors to help protect their nest eggs. A It s a type of fixed annuity designed for conservative investors who want the opportunity for a little higher return, but don t want the downside risk. You put money in and it grows income-tax-deferred at a fixed interest rate. Your principal is protected and guaranteed to grow, provided you don t surrender your contract early. You can typically access your money after a period of time through partial withdrawals, a lump-sum withdrawal or in the form of an income stream that is paid out for a set period of time or over your lifetime. You put your money in and it grows income-tax-deferred at an interest rate that is based on changes in an index, such as the S&P 500. Your principal is protected and guaranteed to grow, provided you don t surrender your contract early. There s usually a cap (upper limit) on the amount of interest you can earn in a given period. All of the access options that apply to a fixed annuity (mentioned at left) typically apply to a fixed indexed annuity. Guarantees and benefits are subject to the claims-paying ability of Symetra Life Insurance Company. Symetra Edge Pro Fixed Indexed Annuity 1

4 The Symetra edge It s common to see fixed indexed annuities where interest is based on the S&P 500 Index. Symetra Edge Pro provides your money with an additional chance to grow by giving you an additional index choice the S&P GSCI Excess Return Index. A single purchase payment of at least $10,000 is all it takes to get started. 2 Symetra Edge Pro Fixed Indexed Annuity

5 Your index choices Indexes may perform differently under similar market conditions. For this reason, Symetra Edge Pro offers four account choices based on two indexes: 1 2 S&P 500 S&P GSCI Excess Return Interest on the indexed accounts is based on the performance of the index(es) selected. If the index goes up during your interest term, you ll earn interest up to the cap. (See explanation on page 6). If it declines, you ll earn 0%. It is important to note that with Symetra Edge Pro, you re not investing directly in the indexes. Annual Return of the S&P 500 and S&P GSCI Excess Return since 1970 Annual Return 40% 30% 20% 10% 0% -10% -20% -30% -40% -50% S&P S&P GSCI Excess Return Source: Standard & Poor s, as of January Past performance is not a guarantee of future results. Q WHAT S THE S&P 500 INDEX? S&P 500 Sector Breakdown A The S&P 500 Index has been widely regarded as the best single gauge of the large cap U.S. equities market since the index was first published in % Consumer Staples 12.0% Energy Consumer Discretionary 10.6% Utilities 3.3% Telecom Svc 3.1% Materials 3.7% The index includes 500 leading companies in leading industries of the U.S. economy, capturing 75% coverage of U.S. equities. 16.1% Financials 10.9% Health Care Info Tech 18.6% Industrials 10.9% Q what s the s&p GSCI excess return index? S&P GSCI Excess Return Sector Breakdown A It s an index that is widely recognized as the leading measure of general commodity price movements and inflation in the world economy. 66.5% Energy Industrial Metals 8.3% Precious Metals 3.4% This index comprises commodities from all sectors energy, industrial metals, agricultural, livestock and precious metals. This provides the S&P GSCI Excess Return with a high level of diversification, which minimizes the impact of events having significant implications for individual commodity markets. Agriculture 17.4% Livestock 4.3% Source: Standard & Poor s. Data as of December 31, Charts and graphs are provided for illustrative purposes only. Symetra Edge Pro Fixed Indexed Annuity 3

6 Your interest crediting choices After you decide which index(es) you want, you ll have the opportunity to choose how you d like interest credited to your indexed account(s). point-to-point The interest you earn is determined by comparing the value of the index at the beginning of the 1-year interest term to its value at the end of the interest term. monthly averaging The interest you earn is determined by comparing the value of the index at the beginning of the 1-year interest term to its average value during the interest term. This average is determined by looking at the value of the index on the same day each month (your interest term day) during the 12-month period. Interest Term Start Date End Date Interest Term Start Date End Date Mo Mo. 12 Mo Mo. 12 Charts are for illustrative purposes only. Example: If the interest term begins on October 14, the average is based on values as of November 14, December 14, etc. through October 14 of the following year. Your account is guaranteed to grow Because this is a fixed annuity, its value will never drop below 100% of your purchase payment, less any previous withdrawals, accumulated at a fixed rate of no less than 1%, compounded daily, 1 less surrender charges. What this means for you. If you leave your money untouched until the end of the surrender charge period (schedule on page 7), it s guaranteed to grow regardless of index performance. Hypothetical guaranteed minimum values for a $100,000 purchase payment 5 years 7 years $105,101 $107,214 4 Symetra Edge Pro Fixed Indexed Annuity

7 Putting it all together Here s how your choices look when you put it all together. You have a total of five account options, the 4 indexed account options we already discussed and a fixed account option with a guaranteed interest rate. You can pick just one, a couple or all five if you want, but you must allocate a minimum of $2,000 to each account you choose. You tell us exactly how you want your money divided at the time of purchase. fixed Account option Indexed Account options* Fixed Account S&P 500 Point-to-Point S&P 500 Monthly Average % Your fixed account interest rate remains the same for one year. We reset the interest rate each year, but it will never be less than the guaranteed minimum interest rate stated in your contract. % S&P GSCI Excess Return Point-to-Point % % S&P GSCI Excess Return Monthly Average * The interest for each indexed account option is calculated separately and subject to its own floor and cap. % Total 100% Here s how your account gets started. We ll transfer your purchase payment to the options you choose on the 7th, 14th, 21st or 28th calendar day of the month, whichever immediately follows the date you purchased your annuity. If the allocation date falls on a non-business day, we ll transfer your money on the next business day. And it s flexible. You can transfer money between your fixed account and any indexed account(s) at the end of each 1-year interest term. We ll send you a reminder before the end of the term. We need to receive any changes in transfer percentages at least five business days before the end of each term. Symetra Edge Pro Fixed Indexed Annuity 5

8 How caps and floors work The safety of a floor If the index declines during the interest term, you re protected by a floor of 0%, meaning you lose nothing. The reason for a ceiling Where there s a floor, there s usually a ceiling (cap). In this case, it s a limit on how much you can earn each year a tradeoff for a little more upside potential and the protection of a floor. Here s how it works. At the beginning of each interest term, we set a cap (maximum) on the interest rate of your indexed account(s). We intend to set the renewal cap rate at or near the initial cap rate, but this is dependent on current market conditions. It will never be less than the minimum cap shown in your contract. If the growth of the indexed account you select is positive, you ll receive interest for that term up to the declared cap. If it s negative, you re protected by the floor. Interest is credited at the end of each term. This means that withdrawals from an indexed account before the end of the term will not receive interest for that term. Hypothetical indexed account growth for a $100,000 purchase payment Year Cap Rate Index Growth Interest Credited Contract Value % 7% 5.00% $105, % -20% 0.00% $105, % 3% 3.00% $108, % 15% 4.90% $113, % -8% 0.00% $113,449 All values shown are for illustrative purposes only and are hypothetical. Assumes purchase payment amount of $100,000 allocated to a single indexed account. Contract values shown assume no withdrawals are made. 6 Symetra Edge Pro Fixed Indexed Annuity

9 Other features of your fixed indexed annuity Multiple ways to access your money Symetra Edge Pro is designed for the long term. The longer it grows untouched, the more money it can earn for you. But we realize you may still need access to your money. 10% annual free withdrawals You can withdraw up to 10% of your contract value each contract year without having to pay any charges. If you withdraw more than 10% annually during the surrender charge period, the charges to the right will be deducted from your contract value. Guaranteed income options Anytime after the first contract year and before your 101st birthday, you can convert all or part of your annuity s accumulated value into an income stream that lasts for a specified period of time or your lifetime. Nursing Home and Hospitalization Waiver 2 We ll waive your surrender charges and any market value adjustment if you re confined to a nursing home or hospital for at least 30 consecutive days, and for up to 90 days after your release. If you re confined on or before the contract date, you are not eligible for the waiver until after the first contract year. Free look period You may have second thoughts about your purchase. If you do, we ll gladly refund your purchase payment if you return your contract to us within 30 days from the date you receive your contract. Death benefit In the event of your death, we ll waive surrender charges for your beneficiaries. We ll also credit the Market Value Adjustment described to the right only if it results in a cash value higher than the contract value that would otherwise be paid. Surrender charges Your surrender charge period the number of years your contract is subject to an early surrender charge will be either 5 or 7 years, depending on the option you choose. Here s the percentage of the withdrawal amount that you ll be charged: 5-Year Surrender Charge Schedule* Year Charge 9% 8% 7% 7% 6% 0% 7-Year Surrender Charge Schedule* Year Charge 9% 8% 7% 7% 6% 5% 4% 0% * May vary by state. See fact sheet for more information. Market value adjustment With the Market Value Adjustment (MVA), you share in both the upside potential and downside risk of withdrawing more than 10% of your contract value during the surrender charge period. In exchange for the downside risk, you receive a higher interest cap than you might receive with a similar product without an MVA. The adjustment will be either positive or negative meaning money will be added to or taken away from your cash surrender value. A negative adjustment will never result in your receiving less than the guaranteed minimum value. The MVA applies only if you withdraw money from your fixed or indexed accounts during the surrender charge period. It may also apply upon death or annuitization, but only if it results in a cash value higher than the contract value that would otherwise be paid. Symetra Edge Pro Fixed Indexed Annuity 7

10 A word about Symetra Symetra Life Insurance Company 1 has been in business for more than half a century, helping people reach their financial goals. The foundation of our success? A culture of integrity and responsibility that guides us in doing what s best for you. Headquarters: Bellevue, Washington Established: 1957 Core Businesses: Annuities Life Insurance Employee Benefits Medical Stop Loss Total Assets: $25.6 billion as of Dec. 31, Customers: Approximately 1.8 million 3 Employees: 1,100 3 Ticker Symbol: NYSE: SYA 3 1 Symetra Life Insurance Company is a subsidiary of Symetra Financial Corporation. 2 All financial figures for Symetra Financial Corporation are reported on a GAAP basis. 3 Symetra Financial Corporation information. To learn more about Symetra, visit 8 Symetra Edge Pro Fixed Indexed Annuity

11 Symetra Edge Pro Fixed Indexed Annuity 9

12 Life insurance and annuities are issued and employee benefit plans are insured by Symetra Life Insurance Company, th Ave NE, Suite 1200, Bellevue, WA and are not available in all U.S. states or any U.S. territory. Symetra Edge Pro Fixed Indexed Annuity is an individual single premium fixed indexed deferred annuity with a market value adjustment feature issued by Symetra Life Insurance Company. Contract form number is RSC /10 in most states, and in Oregon RSC-0341/OR/NQ 11/10. Guarantees and benefits are subject to the claims-paying ability of Symetra Life Insurance Company. Symetra Edge Fixed Pro Indexed Annuity has fixed and indexed accounts. Interest credited to indexed accounts is affected by the value of outside indexes. Values and benefits based on the performance of any index are not guaranteed and may increase or decrease. The contract does not directly participate in any outside investment. You may not be credited with any interest in the indexed accounts due to the method used to calculate and credit interest. Any index does not include the payment or reinvestment of dividends in the calculation of its performance. It is not possible to invest in an index. Standard & Poor s, S&P and S&P GSCI are registered trademarks of Standard & Poor s Financial Services LLC and have been licensed for use by Symetra Life. Symetra Edge Pro is not sponsored, endorsed, sold or promoted by Standard & Poor s and Standard & Poor s does not make any representation regarding the advisability of investing in Symetra Edge Pro. The S&P GSCI Index is not owned, endorsed, approved by or associated with Goldman Sachs & Co. or its affiliated companies. Symetra reserves the right to add or remove any index or indexed interest crediting method options. If any index is discontinued or if the calculation of any index is changed substantially, Symetra reserves the right to substitute a comparable index. Withdrawals may be subject to federal income taxes, and a 10% IRS early withdrawal tax penalty may also apply for amounts taken prior to age 59½. Consult your attorney or tax advisor for more information. Products and services vary by distributor. 1 This is called the nonforfeiture rate. It s set at the time you purchase your annuity and will never be less than 1.00%. Please see the interest rate sheet and the contract for details. 2 Not available in all states. Symetra Life Insurance Company th Avenue NE, Suite 1200 Bellevue, WA Symetra and the Symetra Financial logo are registered service marks of Symetra Life Insurance Company. Symetra Edge Pro SM Fixed Indexed Annuity is a service mark of Symetra Life Insurance Company.