American National Introduces Two New Indexed Products: ANICO Strategy Indexed Annuity (ASIA) PLUS 7 and 10 along with Signatu...
February 26 2020 - 1:53PM
While other carriers are exiting or scaling back their indexed
annuity portfolios, American National is expanding its offering.
[Jan. 1, 2020] ANICO ASIA PLUS 7 and 10 now allow flexible premiums
to provide a more competitive product. This product offers a new
uncapped index strategy as well as a Lifetime Income Rider. ASIA
PLUS 7 and 10 provide the ability to gain upside reward with
downside protection and provides a plan to access future cash.
Signature Performance IUL [Feb. 1, 2020] replaces the old
Signature IUL and provides a new, safe and effective means for
customers to leave their loved ones a legacy. It can also serve as
an emergency or supplemental retirement fund with cash value
available if circumstances change. Signature Performance IUL
retains several popular features seen in the previous version such
as Accelerated Benefit Riders and Accelerated Underwriting. In
addition to keeping some of the great features of this product,
there are some new key features as well. Signature Performance IUL
is an indexed universal life policy with two new indexed crediting
strategies. This product also includes, at no additional premium,
Living Benefits covering chronic, critical and terminal illness in
the form of Accelerated Benefit Riders.
Executive Vice President, Independent Marketing Group,
President, David A. Behrens stated, “These new Signature
Performance IUL and newly enhanced ASIA PLUS products provide more
options to our clients.”
About the Company: American National Insurance Company (American
National), headquartered in Galveston, Texas, was founded in 1905
and is licensed in all states except New York. American National
and its subsidiaries offer a broad line of products and services,
which include life insurance, annuities, health insurance, credit
insurance, pension product and property and casualty insurance for
personal lines, agribusiness and certain commercial exposures. The
family of companies operates in all 50 states.
For more information, including company news and investor
relations information, visit the company's web site at
americannational.com."
American National Insurance Company, Galveston, Texas
Contact: Amanda Hilden (888) 501-4043
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