Backed by Mount Logan Capital, Ability’s flagship product, ReliAbility™ MYGA, is designed to offer safe, steady returns
Company awarded B+ rating – “Good” – by AM Best
Ability Insurance Company (“Ability”), a Nebraska-based (re)insurer of life and health policies and annuity products, today announced the launch of its initial suite of multi-year guaranteed annuity (MYGA) products, led by its flagship ReliAbility™ MYGA, available in 3-year, 5-year, 7-year, and 10-year terms.
Ability’s retirement solutions are designed to provide predictable growth and protection from market volatility, with flexible terms tailored to an individual’s timeline and tax-deferred interest. In a volatile marketplace, Ability believes these guaranteed rate products present a compelling solution for individuals seeking simplicity, reliability and underlying growth, without undue risk.
Ability is backed by Mount Logan Capital Inc. (Nasdaq: MLCI) (“Mount Logan”), an integrated alternative asset management and insurance solutions platform focused on managing investments for the benefit of policyholders and investors.
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Anna Elliott, President of Ability Insurance Company, said “The launch of ReliAbility™ MYGA marks an important step forward in our commitment to helping people secure their financial futures during retirement. As demand grows for solutions that deliver guaranteed, predictable growth, protect principal, and provide a strong foundation for long-term financial planning, Ability Insurance Company is proud to introduce an offering that meets our clients’ evolving needs.”
Sam Reinhart, Ability Board Member, said “Today’s retirees are seeking greater clarity and control as they plan for the years ahead. Ability’s new MYGA suite is designed to offer the flexibility needed to tailor a strategy that fits their unique goals, while providing the confidence that their financial future is well supported.”
Ability strives to arm everyday Americans with the tools needed to make informed financial planning decisions – a mission and commitment that was recently recognized with a B+ – “Good” rating from AM Best, the world’s first and largest credit rating agency in the insurance industry.
Products described herein may not be available in all jurisdictions or to all customers. Coverage is subject to the annuity contract terms and conditions. Products and pricing may vary by state.
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