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Stock impact report

American National Introduces Two New Indexed Products: ANICO Strategy Indexed Annuity (ASIA) PLUS 7 and 10 along with Signature Performance Indexed Universal Life (IUL)

American National Group, Inc. (ANAT) 
Company Research Source: GlobeNewswire
GALVESTON, Texas, Feb. 26, 2020 (GLOBE NEWSWIRE) -- While other carriers are exiting or scaling back their indexed annuity portfolios, American National is expanding its offering. [Jan. 1, 2020] ANICO ASIA PLUS 7 and 10 now allow flexible premiums to provide a more competitive product. This product offers a new uncapped index strategy as well as a Lifetime Income Rider. ASIA PLUS 7 and 10 provide the ability to gain upside reward with downside protection and provides a plan to access future cash. Signature Performance IUL [Feb. 1, 2020] replaces the old Signature IUL and provides a new, safe and effective means for customers to leave their loved ones a legacy. It can also serve as an emergency or supplemental retirement fund with cash value available if circumstances change. Signature Performance IUL retains several popular features seen in the previous version such as Accelerated Benefit Riders and Accelerated Underwriting. In addition to keeping some of the great features of this Show less Read more
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