A-CAP and AmeriLife announced the launch of the Accumulation Protector Plus (APP)
Business Wire | August 31, 2020
A-CAP and AmeriLife today announced the launch of the Accumulation Protector Plus℠ (“APP”) Annuity, a 10-year fixed indexed annuity. The APP Annuity is the latest addition to the industry-leading product lines of A-CAP’s two insurance subsidiaries, Sentinel Security Life Insurance Company and Atlantic Coast Life Insurance Company. The APP Annuity is distinct in the industry, and gives contract holders exclusive access to the Credit Suisse Momentum Index (Bloomberg: CSEAMTM5 ), as well as a unique 10-year guarantee of participation rates through the index. Principal protection and growth potential over a wide range of possible future financial conditions are fundamental features of the APP annuity. Contract holders can choose from eight flexible crediting strategies, including four strategies paired with the Credit Suisse Momentum Index, to create a custom growth plan that aligns with their retirement goals and protects their principal from market downturns.