Introducing BonusRev™ Fixed Index Annuity for Flexible Retirement Planning
Revol One Financial has unveiled the BonusRev™ Fixed Index Annuity, a product crafted to offer flexibility and choice for distribution partners and financial advisors. This annuity provides two distinct Premium Bonus options, allowing advisors to adjust key features such as crediting rates and liquidity to cater to the specific retirement goals of their clients.
The BonusRev™ boasts several features, including an Index Lock option for securing potential gains during an index strategy term, and multiple Index Strategy Options, with a guaranteed cap rate over five years to ensure sustainable growth. Patrick Cahill, the Chief Distribution Officer at Revol One Financial, emphasized the product’s adaptability and focus on alignment with client needs.
The introduction of BonusRev™ aligns with Revol One Financial's broader strategy to launch several fixed index annuities by 2026, underlining the company's ability to rapidly introduce innovative solutions to the market. Mark Zesbaugh, Chairman and CEO, highlighted the focus on purposeful products that expand annuities' role in retirement planning.
Revol One Financial operates as a Michigan-domiciled insurance entity, authorized in 49 states, with administrative offices in Urbandale, Iowa. The entity holds a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb” (Good) from AM Best, both with a positive outlook. Revol One Insurance Company, however, is not authorized to operate in New York.
For more details on product guarantees in relation to the company's financial strength and claims-paying capability, visit Revol One Financial's website. Further inquiries can be addressed through the company’s designated communication channels.