American Equity Expands Contract Owner Offerings

Share via emailShare on FacebookShare on Twitter

Company Introduces New Crediting Method and Innovative Lifetime Payout

WEST DES MOINES, Iowa – September 4, 2014 – American Equity Investment Life Insurance Company, a leading underwriter of index and fixed rate annuities, announced two new enhancements affecting crediting methods and lifetime income benefit payouts. These developments mark an expansion on the Company’s robust annuity product line, which has already established American Equity as one of the top carriers on the market and a leading provider of guaranteed lifetime income.

Volatility Control Index:
American Equity’s newest crediting method – the Volatility Control Index – is available on its top selling index products. It links to the S&P 500® Dividend Aristocrats® Daily Risk Control 5% Index. This method is expected to provide increased stability and control based on the returns of S&P companies with 25 consecutive of increasing dividends. Unique to this particular method is that it’s a Total Return Index, which includes dividends.

“This is just one of many crediting methods available in our fixed indexed annuities,” said Ron Grensteiner, President at American Equity Investment Life Insurance Company. “Many people look to us for their retirement future. That is a trust we hold dear, and because of that we work to offer a variety of options that suit the needs and wants of our contract owners.”

Lifetime Guaranteed Income Benefit Rider – Gender-based Payouts:
American Equity is the first indexed carrier on the market to offer gender-based payout factors on its Lifetime Income Benefit Rider.

“A guaranteed lifetime income stream is of paramount importance at American Equity,” said Kirby Wood, Senior Vice President and Chief Marketing Officer at American Equity. “Americans are living longer, healthier lives and we aim to provide products that are reflective of that fact, so we can help contract owners outlive their worries and not their money.”

New Enhancements: Same Commitment to Service
“We are excited about our new enhancements. These are indicative of our commitment to providing products with integrity as well as superior service to contract owners and their agents,” said Grensteiner. “A secure financial plan takes into account a number of factors that are unique to the lives of each contract owner. These enhancements are just two new ways that American Equity is striving to meet the mounting needs facing the retiring public.”

American Equity Investment Life Insurance Company is a full-service underwriter of fixed annuity and life insurance products with a primary emphasis on the sale of index and fixed rate annuities. Headquartered in West Des Moines, Iowa, American Equity Investment Life Insurance Company is committed to providing products with integrity as well as superior service to the agents they partner with and their policyholders. For more information, please visit

Heather Gierstorf
Assistant Vice President – Communications
American Equity Investment Life Insurance Company

# # #

Related Articles