This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

American National Insurance Company Introduces A New Indexed Universal Life Policy With Multiple Indexed Strategies To Choose From - Signature Indexed Universal Life

GALVESTON, Texas, June 26, 2014 (GLOBE NEWSWIRE) -- American National Insurance Company located in Galveston, Texas introduces the Signature Indexed Universal Life Insurance Policy.

American National Insurance Company announces a new product, Signature Indexed Universal Life Insurance (IUL) policy, available July 1, 2014. This innovative life product provides Death Benefit protection and three Indexed Crediting Strategies along with a fixed account strategy for clients to choose from.

Signature IUL can provide the opportunity to earn interest based upon the performance of the S&P 500 ® Index without the client being directly invested in the Index. Therefore, the accumulation value will never decrease based on the fluctuations of the S&P 500 ® Index as all three of the indexed interest crediting strategies have a builtā€in floor. One of the Indexed Strategies currently has a declared floor of 1.5% so that strategy can earn interest even in the event of a decrease in the market*.

Signature IUL will provide clients the permanent protection their families need with the opportunity to increase accumulation value for future emergencies, college education or supplemental retirement income. The Signature IUL has multiple uses while providing family protection.

This product also includes, at no additional premium, three Living Benefits covering 16 critical illnesses as well as chronic and terminal illness in the form of Accelerated Benefit Riders. In the event of a qualifying illness, the policy owner may choose between partial or full death benefit acceleration. In order to accelerate the death benefit, the benefit is reduced by an actuarial discount in addition to a small administrative fee (up to $500).

David A. Behrens, Executive Vice President of American National Insurance Company stated, "American National's new Signature IUL builds upon the tested concepts of our previous indexed products to create a competitive second generation IUL with more options for clients and partial living benefit accelerations. Signature IUL allows a client to have control over the placement of their premium in the various indexed strategies or a fixed account while guaranteeing their family's future will be protected."

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,024.06 +183.54 1.03%
S&P 500 2,108.29 +22.78 1.09%
NASDAQ 5,005.3910 +63.9670 1.29%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs