American National Insurance Company Introduces a New Annuity With Multiple
Interest Crediting Strategies to Choose From - ANICO Strategy Indexed Annuity
GALVESTON, Texas, June 5, 2013 (GLOBE NEWSWIRE) -- American National Insurance
Company (Nasdaq:ANAT) announces a new product, ANICO Strategy Indexed Annuity
PLUS 7 and 10, available now where approved. This innovative annuity product
provides up to twelve potential interest crediting strategies for clients to
choose from along with two Lifetime Income Riders that may provide guaranteed
ANICO Strategy Indexed Annuity PLUS (ASIA PLUS) provides the opportunity to
earn a higher interest based on the performance of the S&P 500^® Index without
the client being directly invested in the Index. The client will never lose
money based on the fluctuations of the S&P 500^® Index as the indexed interest
crediting strategies have a 0% floor.
ASIA PLUS provides two different Lifetime Income Riders allowing the client's
income base to grow at a specified rate for a specified term before the client
begins receiving an income benefit.
David A. Behrens, Executive Vice President of American National Insurance
Company, stated, "ANICO Strategy Indexed Annuity PLUS allows the client to
strategize the placement of their premium in the annuity while guaranteeing a
future income stream in retirement."
Available in seven and ten year versions, the ASIA PLUS offers multiple
features to assist clients in various stages of life.
About the Company
American National Insurance Company (American National), headquartered in
Galveston, Texas, was founded in 1905 and is licensed to conduct the business
of insurance in all states except New York. American National offers a broad
line of products and services, which include life insurance, annuities, health
insurance, credit insurance and pension products.
American National has been evaluated and assigned the following ratings by
nationally recognized rating agencies: A (Excellent) by A.M. Best Company,
third highest of 13 active company ratings noted as "An excellent ability to
meet their ongoing insurance obligations," and A (Strong) by Standard &
Poor's, sixth highest of 20 active company ratings noted as "Strong capacity
to meet financial commitments but somewhat subject to adverse economic
For more corporate information, including company news and investor relations
information, visit the company's web site at www.anico.com.
CONTACT: Angie Hitchman
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