Ibexis Life & Annuity Insurance coverage Firm Launches Progressive Fastened Annuity – Insurance coverage Information InternetAugust 17, 2022
Ibexis Launches the MYGA Plus™
Missouri – August 15th, 2022 — Ibexis Life & Annuity Insurance coverage Firm (“Ibexis”) has launched its MYGA Plus™ fastened annuity.
The MYGA Plus™ is a hard and fast annuity product that gives purchasers with the pliability to decide on between two fastened charges which can be every assured for the preliminary length of the product. One choice is to earn a standard assured fastened price that pays a aggressive fastened curiosity day-after-day. The second choice is to allocate to the “Plus Bucket,” an listed linked choice that pays a better fastened price yearly if the S&P 500™ Index will increase. If the index will increase that 12 months (irrespective of how a lot), the shopper earns the complete assured fastened price for this feature.
“As purchasers search stability in risky markets and insurers provide larger crediting charges, we imagine fastened annuities are a really enticing product for people that want monetary safety throughout retirement,” stated Nate Gemmiti, Chief Govt Officer at Ibexis.
Ryan Lex, Chief Distribution Officer at Ibexis, added: “Product innovation within the fastened price annuity section has been traditionally restricted. With the launch of the MYGA Plus™, purchasers can now select between two enticing fastened charges, together with the upper earnings potential of the “Plus Bucket.”
With insurance coverage licenses in 43 states and the District of Columbia, Ibexis has been assigned a Monetary Power Score of A- (Glorious) and a Lengthy-Time period Issuer Credit score Score of “a-” (Glorious) by AM Finest. Each scores have a “steady” outlook.
Please go to the corporate’s web site at www.ibexis.com.
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About Ibexis Life & Annuity Insurance coverage Firm
Based in 1937, Ibexis provides fastened annuities to assist purchasers defend their monetary future and put together for retirement. Ibexis’ fastened annuities may help people accumulate curiosity with out threat of shedding principal and supply assured revenue throughout retirement. AM Finest assigns an A- Monetary Power Score (4th highest of 13). Ibexis’ full scores report could also be seen at www.ambest.com.
The MYGA Plus™ (Kind ICC22-MPC-0322 or state variation) doesn’t make investments immediately within the S&P 500® and will not embody dividends paid on underlying shares. All ensures are backed by the claims paying potential of Ibexis Life & Annuity Insurance coverage Firm, 221 Bolivar Avenue, Jefferson Metropolis, MO 65101. Product availability and options could differ by state.
The S&P 500® is a product of S&P Dow Jones Indices LLC or its associates. S&P 500® and S&P ® are registered emblems of Normal & Poor’s Monetary Companies; Dow Jones® is a registered trademark of Dow Jones Trademark Holdings. The MYGA Plus™ just isn’t sponsored, endorsed, bought or promoted by the foregoing nor have they got any legal responsibility for any errors of omissions or interruptions of the S&P 500 Index®.
Chief Distribution Officer at Ibexis
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