AssetShield 5, 7, 10 offers strong growth opportunities, new liquidity
option
WEST DES MOINES, Iowa--(BUSINESS WIRE)--Oct. 11, 2018--
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 EQUITY
American 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.
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Source: American Equity Investment Life Insurance Company
American Equity Investment Life Insurance Company®
Heather
Gierstorf, 515-457-1788
Vice President – Communications
hgierstorf@american-equity.com