American Equity Announces New Product Series
March 19 2018 - 4:48PM
Business Wire
IncomeShield Series Brings New Income
Flexibility and Lifetime Income Options
American Equity Investment Life Insurance Company, a leading
underwriter of index and fixed rate annuities, announced the
addition of a new fixed index annuity series to its competitive
portfolio. The IncomeShield series offers contract owners a variety
of guaranteed income options as well as the ability to secure a
lifelong revenue stream.
"Our new IncomeShield series provides the guaranteed protection
and income options that today's pre-retirees and retirees are
looking for to fund their retirement," said Ron Grensteiner,
President of American Equity. "We are excited to offer the retiring
public new financial security products backed by the quality
customer service that has made us one of the top carriers in the
fixed index annuity industry."
The IncomeShield Series – available now – offers clients
flexibility with 7 or 10 year surrender schedules and 5 or 7 year
interest crediting options. A 7 percent premium bonus is also
available on the IncomeShield 10, as well as lifetime income riders
allowing for a flexible lifelong revenue source.
“Securing income for life is a priority for Americans,”
said Kirby Wood, Senior Vice President and Chief Marketing
Officer at American Equity. "That's why the products we offer are
designed to help meet the financial demands of today's lengthening
retirements. Our contract owners can sleep well knowing their
hard-earned dollars are safe and their income is there as long as
they need it."
Contract issued under form series ICC17 BASE-IDX, ICC17
IDX-10-7, ICC17 BASE-IDX-B, ICC17 IDX-11-10, ICC18 E-MPTP, ICC18
E-PTPC, ICC18 E-PTPR, ICC16 R-MVA, ICC17 R-LIBR-FCP, ICC17
R-LIBR-FSP, ICC17 R-LIBR-W-FCP, ICC17 R-LIBR-W-FSP and state
variations thereof. Availability may vary by state.
Guarantees are based on the financial strength and claims paying
ability of American Equity and are not guaranteed by any bank or
insured by the FDIC.
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 they partner
with and their policyholders. For more information, please visit
www.american-equity.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20180319006272/en/
American Equity Investment Life Insurance Company®Heather
Gierstorf, 515-457-1788Vice President –
Communicationshgierstorf@american-equity.com
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