American National Launches Smart Start Accumulator Fixed Indexed Annuities
American National Insurance Company has introduced the Smart Start Accumulator Series, a new line of single premium fixed indexed annuities designed to optimize growth potential from the outset. The series offers products like Smart Start Accumulator and Smart Start Accumulator Plus, which utilize Nobel Prize-winning portfolio allocation theories to tailor investment strategies according to clients' risk tolerance and retirement objectives. Options include conservative, moderate, aggressive, and customizable portfolios to meet varying financial goals.
A significant feature of this series is the Best Entry Window, which secures the starting index values at their lowest within the initial 90 days, maximizing first-year growth potential for policyholders. The Accumulator Plus variant enhances this with premium enhancement options that increase the annuity's value immediately, allowing clients to select enhancement levels aligned with their savings strategies.
These annuities employ various interest crediting methods tied to market index performance, including indices like the S&P 500® Value Cap, S&P 500® Dynamic Intraday TCA Index, and Morningstar® Global Wide Moat VC 7 Index among others, offering diversified market exposure with risk mitigation features. This diversified index crediting approach helps clients benefit from market gains while protecting principal investment.
American National emphasizes providing practical financial solutions that empower clients to build secure retirement portfolios by combining strategic indexing and premium enhancements. The series aims to balance growth opportunities with controlled risk, responding to the demand for adaptable retirement income products focused on accumulation.
Founded in 1905 and headquartered in Texas, American National Insurance Company supports a comprehensive range of retirement and insurance products. The launch of the Smart Start Accumulator Series highlights the company's commitment to innovation in insurance product offerings, particularly in the fixed indexed annuity market.