LibertyMark Freedom Fixed Indexed Annuities Launch – InsuranceNewsNet

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May 17, 2022 Annuity News No comments
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LibertyMark Freedom Fixed Indexed Annuities Launch

Business Wire
Legacy Marketing Group today announced the launch of LibertyMark Freedom, the next generation of its top-selling FIA, issued by “A” rated* Americo Financial Life and Annuity Insurance Company.

As a pure accumulation powerhouse, LibertyMark Freedom offers growth potential with options when it comes to fees. It comes equipped with no-fee index options to provide clients control. However, clients looking to upgrade their earnings potential have the option to buy higher caps and participation rates.

Among its diverse selection of 14 index options—most uncapped with participation rate—LibertyMark Freedom features a strong, new index option built from the ground up. This proprietary index option, laser focused on high performance power, capitalizes on U.S. markets and offers low volatility.

This accumulation focus also drives LibertyMark Freedom’s optional enhanced death benefit rider, Heritage MaximizerSM, which is available for only 0.30% annually.** This simple-to-explain and easy-to-calculate add-on offers a 30% death benefit bonus on the full accumulation value.

For cautious consumers worried about a down market, LibertyMark Freedom comes stacked with Americo’s industry-leading downside protection guarantee of 1% on 100% of premium.†

“By partnering a strong focus on high performance with no mandatory fees and a completely reimagined index option, LibertyMark Freedom allows insurance professionals to sell with confidence, knowing their clients will be treated fairly and enjoy the option to choose their earnings potential,” said Preston Pitts, Legacy President. “That, coupled with an industry-leading 1% on 100% of premium guarantee and the strength of Americo, echoes what the field force has been asking for in an accumulation-focused FIA.”

LibertyMark Freedom is available in 39 states and the District of Columbia.

ABOUT LEGACY MARKETING GROUP

Legacy Marketing Group works with highly rated, well-respected insurance companies to design and market proprietary products that provide financial security to generations of Americans. These products are sold exclusively through the company’s nationwide network of Independent Marketing Organizations and insurance agents. With almost three decades of industry experience and a full-service, relationship-focused attitude, Legacy is a recognized leader in the independent Producer distribution channel. From its beginning in 1993, Legacy’s vision has been to create value for IMOs, agents, and consumers by providing unique and innovative products designed to help consumers reach their retirement goals. Legacy’s passion for innovation and service is a bedrock of the company.

ABOUT AMERICO

For more than 100 years, Americo Life, Inc.’s family of insurance companies has been committed to providing the life insurance and annuity products consumers need to protect their mortgage, family, and future.††

Innovative thinking has helped Americo Life, Inc. build a strong financial foundation for its business. Americo Financial Life and Annuity Insurance Company (Americo) is the lead company in one of the largest, independent, privately held insurance groups in the United States with over $37.1 billion of insurance in force and $8.8 billion in assets for year-end 2021.

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