American National Brings Two New Products To New York: Century Plus Annuity And Limited Pay Whole Life
Century Plus Annuity
This single premium, fixed, deferred annuity may be the right choice for someone who is a conservative investor who wants to protect their principal while safely growing their money at a fixed rate. Regardless of market conditions, the original premium will remain protected.
Century Plus Annuity:
- Allows for tax-deferred growth.
- Includes a 5.0% first year interest rate enhancement.
- Offers fixed interest rates.
- Includes a minimum guaranteed interest rate based on the NAIC Index.
Limited Pay Whole Life
This whole life insurance product is designed for individuals purchasing life insurance for any qualified 401(a) plan, including section 412(e)(3) plans. Rather than paying premiums for the life of the policy, premiums are paid for a set number of years while keeping the level, guaranteed death benefit and cash value common to whole life policies. Premiums are payable either to age 65 or for 10 years, depending on the issue age of the insured.
About the Company
Financial Strength Ratings:
Standard & Poor’s2 - A |
Ratings reflect current independent opinions of the financial capacity of an insurance organization to meet the obligations of its insurance policies and contracts in accordance with their terms. They are based on comprehensive quantitative and qualitative evaluations of the company and its management strategy. The rating agencies do not provide ratings as a recommendation to purchase insurance or annuities. The ratings are not a warranty of an insurer's current or future ability to meet its contractual obligations. Ratings may be changed, suspended, or withdrawn at any time. For the most current ratings view the full rating reports on American National’s Internet site at www.americannational.com.
1 A.M. Best’s active company rating scale is: A++ (Superior), A+ (Superior), A (Excellent), A- (Excellent), B++ (Good), B+ (Good), B (Fair), B- (Fair), C++ (Marginal), C+ (Marginal), C (Weak), C- (Weak) and D (Poor).
Form Series: LPWL17(NY); SPDA17(NY)
IMG22378 | 10.18
Contact: Matt Powell PH: 888.501.4043
Source:
Trump effect? Supporters of Rep. Cathy McMorris Rodgers, Lisa Brown weigh in on president’s role in midterm contest
Hilliard Lyons Now Offers Clients Medicare Planning Through HPOne
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News