American Equity Broadens Appeal of FIA Through Fee Options
February 13, 2018 by Cyril Tuohy
American Equity Investment Life Holding Co., a top seller of fixed indexed annuities (FIAs), broadened the appeal of a core product line with the announcement of a new guaranteed lifetime income-focused fixed indexed annuity (FIA) with fee options.
The FIA, to be launched next month, will be sold only through independent marketing organizations and independent agents on a commission basis with the fee options applying to the guaranteed lifetime income rider.
The FIA will come in two flavors: a bonus version and a non-bonus version, American Equity Chairman and CEO John Matovina said.
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Originally Posted at InsuranceNewsNet on February 12, 2018 by Cyril Tuohy.
Categories: Industry Articles
