American Equity Launches New Fixed Index Annuity
October 11 2018 - 4:25PM
Business Wire
AssetShield 5, 7, 10 offers strong growth
opportunities, new liquidity option
American Equity Investment Life Insurance Company®, a leading
underwriter of index and fixed rate annuities, announced a new
fixed index annuity product to its competitive product portfolio.
The AssetShield offers multiple allocation strategies, strong
growth opportunity potential and increased liquidity options for
added access to and control of money when clients need it.
“Our new product is focused on accumulation while maintaining
the core retirement need of asset protection. It has a 175 percent
participation rate on the S&P 500® Dividend Aristocrats® with a
two year point-to-point indexed strategy,” said Kirby Wood, Chief
Distribution Officer of American Equity. “This new product has the
advantage of being uniquely suited for retirement saving growth
potential."
The AssetShield, with 5, 7, and 10 year terms available, offers
multiple index crediting allocations – all backed by S&P
indices, plus added access features for increased asset control. It
also features the standard benefits of a fixed index annuity,
including principal protection from index volatility and
tax-deferred growth potential.
“We are excited to add this product series to our already
competitive product portfolio,” said Ron Grensteiner, President of
American Equity. “It’s our mission to provide best-in-class
customer service with safe retirement options.”
ABOUT AMERICAN EQUITYAmerican Equity Investment Life
Insurance Company® is a full-service underwriter of fixed annuity
products, with a primary emphasis on the sale of index annuities.
Headquartered in West Des Moines, Iowa, American Equity Investment
Life Insurance Company is committed to providing products with
integrity, as well as superior service to the agents it partners
with and their policyholders. For more information, please visit
www.american-equity.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20181011005900/en/
American Equity Investment Life Insurance Company®Heather
Gierstorf, 515-457-1788Vice President –
Communicationshgierstorf@american-equity.com
American Equity Investme... (NYSE:AEL)
Historical Stock Chart
From Mar 2024 to Apr 2024
American Equity Investme... (NYSE:AEL)
Historical Stock Chart
From Apr 2023 to Apr 2024