American National Life Insurance Company of New York Introduces an Industry Leading Whole Life Policy With a PUA Rider and Guaranteed Insurance Rider -Signature Whole Life Insurance - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
July 4, 2018 Newswires
Share
Share
Post
Email

American National Life Insurance Company of New York Introduces an Industry Leading Whole Life Policy With a PUA Rider and Guaranteed Insurance Rider -Signature Whole Life Insurance

Targeted News Service (Press Releases)

GALVESTON, Texas, July 2 -- The American National Insurance issued the following news release:

American National Life Insurance Company of New York (American National) announces a new product, Signature Whole Life Insurance (SWL), available [July 2, 2018]. This industry leading life product provides guaranteed lifetime Death Benefit protection and the option to accumulate additional death benefit through the Paid-Up Additions Rider and the Guaranteed Insurance Rider.

American National has enhanced its Whole Life solution for the market using the 2017 CSO tables. While other carriers are exiting or scaling back their participating whole life, we are lowering our premiums on Signature Whole Life Insurance to provide a more competitive product. American National believes consumers want guarantees that their death benefit will be there when they need it and that they will not have to pay more premium later in the life of the contract.

Signature Whole Life Insurance is a death benefit product that helps provide for a family's needs after the death of the insured, maintain the standard of living and retirement needs of the surviving spouse, complete children and grandchildren's education, assure continuation of the family business and provides for tax-advantaged wealth transfer to future generations.

Signature Whole Life Insurance provides a safe, effective means for customers to leave their loved ones a legacy but also serves as an emergency fund with cash value available if circumstances change. This product also includes, at no additional premium, Living Benefits covering chronic and terminal illness in the form of Accelerated Benefit Riders.

Signature Whole Life Insurance is a participating whole life policy that has the potential to pay dividends to the policyholder who may choose to receive those dividends in cash, as a premium reduction, to purchase additional insurance or leave on deposit to accrue interest. The policy also contains a Guaranteed Insurance Rider that allows a policy owner who is younger than 40 to add insurance at certain option dates.

David A. Behrens, President and Chief Marketing officer of American National Life Insurance Company of New York stated, "This new Signature Whole Life Insurance product provides the death benefit proceeds while at the same time developing cash value that may be accessed in later years if needed for supplemental retirement income or emergencies in return for a temporarily or permanently reduced death benefit."

Financial Strength Ratings

American National Life Insurance Company of New York has been evaluated and assigned the following ratings by nationally recognized, independent rating agencies.

A.M. Best (1) A Standard & Poor's (2) 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 Life Insurance Company of New York's Internet site at www.americannational.com.

Footnotes:

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). A.M. Best's ratings were assigned in December 2017 based on 2016 financial results. For more information on Best's rating of American National Insurance Company, view the ratings report.

2. Ratings from 'AA' to 'CCC' may be modified by the addition of a plus (+) or minus (-) sign to show relative standing within the major rating categories. Standard & Poor's ratings were assigned in June 2017 based on 2016 financial results.

For more information, including company news and investor relations information, visit the company's web site at www.americannational.com.

Older

Completion of New Zealand Life Insurance Divestment

Newer

Blue Cross, Blue Shield Designated Hospitals Decreased C-section Rates, Improved Health of Mothers, Children

Advisor News

  • Strong underwriting: what it means for insurers and advisors
  • Retirement is increasingly defined by a secure income stream
  • Addressing the ‘menopause tax:’ A guide for advisors with female clients
  • Alternative investments in 401(k)s: What advisors must know
  • The modern advisor: Merging income, insurance, and investments
More Advisor News

Annuity News

  • ALIRT Insurance Research: U.S. Life Insurance Industry In Transition
  • My Annuity Store Launches a Free AI Annuity Research Assistant Trained on 146 Carrier Brochures and Live Annuity Rates
  • Ameritas settles with Navy vet in lawsuit over disputed annuity sale
  • NAIC annuity guidance updates divide insurance and advisory groups
  • Retirement is increasingly defined by a secure income stream
More Annuity News

Health/Employee Benefits News

  • Researchers from Virginia Commonwealth University Report on Findings in Substance Abuse (Health insurance type moderates the association between substance use disorders and cardiovascular multimorbidity among U.S. adults – Results from the 2023 …): Addiction Research – Substance Abuse
  • New Findings from Fudan University Describe Advances in Beta-Lactam Antibiotics (Budget impact analysis of aztreonam-avibactam for metallo-b-lactamase carbapenem-resistant enterobacterales infections in China): Drugs and Therapies – Beta-Lactam Antibiotics
  • 4 major class action settlements could put cash in your pocket — See if you qualify
  • A LOOK AT NEW OR EXPANDED MEDICAID AND PUBLIC HEALTH PARTNERSHIPS FROM 2025: FINDINGS FROM A SURVEY OF STATE MEDICAID PROGRAMS
  • TRUMP ANNOUNCES PROPOSAL TO EXPAND IVF INSURANCE COVERAGE
More Health/Employee Benefits News

Life Insurance News

  • 5 steps to take before selling your firm
  • Bismarck man pleads guilty to taking out insurance policy on dead wife
  • ALIRT Insurance Research: U.S. Life Insurance Industry In Transition
  • U-Haul Holding Company Schedules Fourth Quarter Fiscal Year End 2026 Financial Results Release and Investor Webcast
  • New Empathy and LIMRA Research: The Overlooked Opportunity to Engage the Next Generation After an Insurance Payout
More Life Insurance News

- Presented By -

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Why Blend in When You Can Make a Splash?
Pacific Life’s registered index-linked annuity offers what many love about RILAs—plus more!

Life moves fast. Your BGA should, too.
Stay ahead with Modern Life's AI-powered tech and expert support.

Bring a Real FIA Case. Leave Ready to Close.
A practical working session for agents who want a clearer, repeatable sales process.

Discipline Over Headline Rates
Discover a disciplined strategy built for consistency, transparency, and long-term value.

Inside the Evolution of Index-Linked Investing
Hear from top issuers and allocators driving growth in index-linked solutions.

Press Releases

  • JP Insurance Group Launches Commercial Property & Casualty Division; Appoints Joe Webster as Managing Director
  • Sequent Planning Recognized on USA TODAY’s Best Financial Advisory Firms 2026 List
  • Highland Capital Brokerage Acquires Premier Financial, Inc.
  • ePIC Services Company Joins wealth.com on Featured Panel at PEAK Brokerage Services’ SPARK! Event, Signaling a Shift in How Advisors Deliver Estate and Legacy Planning
  • Hexure Offers Real-Time Case Status Visibility and Enhanced Post-Issue Servicing in FireLight Through Expanded DTCC Partnership
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet