American Life & Security Corp., a subsidiary of Midwest Holding Inc., is proud to announce the launch of an exciting new annuity product
LINCOLN, Neb., Aug. 16, 2023 /PRNewswire/ -- American Life & Security Corp., a subsidiary of Midwest Holding Inc. (NASDAQ: MDWT), is proud to announce the launch of an exciting new annuity product, American Fusion.
- LINCOLN, Neb., Aug. 16, 2023 /PRNewswire/ -- American Life & Security Corp., a subsidiary of Midwest Holding Inc. (NASDAQ: MDWT), is proud to announce the launch of an exciting new annuity product, American Fusion.
- The product, distributed by American Life's IMO partners, combines key characteristics of a Multi-Year Guaranteed Annuity (MYGA) and a Fixed Index Annuity (FIA), offering the benefits of two annuity products in one.
- With Fusion, American Life has created its own product category: the Multi-Year Guaranteed Index Annuity, or MYGIA.
- "With American Fusion, American Life underscores its commitment to innovation and simplicity," said Tom Bumbolow, Head of Distribution and Business Development.