American Life & Security Corp., a rapidly growing carrier in the annuity and retirement space, announces a partnership with Nasdaq Global Indexes to launch the Nasdaq-100 Intraday Elite 15%™ Index, which is now available on the American Select Fixed Indexed Annuity (FIA).
"The launch of this new index is a testament to American Life's commitment to innovation within the annuity and retirement space," said Thomas Bumbolow, Head of Distribution and Business Development at American Life. "We're proud to be partnering with Nasdaq to introduce an index that offers a consistent, growth-oriented return on investment. This move is a perfect example of our dedication to delivering value and more choices for our clients and partners alike."
The Nasdaq-100 Intraday Elite 15%™ is designed to deliver:
- Exposure to the Nasdaq-100 Index®: A globally recognized index of 100 of the most innovative large-cap companies listed on the Nasdaq Stock Market®.
- 15% Volatility Target: A systematic approach that adjusts exposure both upward and downward to help manage risk in changing markets.
- Intraday Rebalancing: The ability to rebalance up to three times per day, providing more consistent crediting and participation rates than traditional daily or monthly methodologies.
"This collaboration with American Life reflects our focus on delivering precision index solutions tailored to the evolving needs of insurance carriers," said Rich Macari, Head of Insurance and Bank Solutions at Nasdaq Global Indexes. "The Nasdaq-100 Intraday Elite 15% Index introduces intraday adaptability and simplicity, key attributes for modern annuity design."
The Nasdaq-100 Intraday Elite 15%™ is available now and is accessible to both new and existing policyholders through the American Select FIA.
For more information on the Nasdaq-100 Intraday Elite 15%™ and the American Select FIA, please contact American Life at sales@american-life.com.
About American LifeAmerican Life & Security Corp., based in Lincoln, NE, is a leading provider of annuity solutions, dedicated to helping individuals and families achieve financial security through innovative product design, trusted partnerships, and a client-first approach.
