InsurTech News

CUNA Mutual Group Launches ZoneChoice Registered Index-Linked Annuity

CUNA Mutual Group Launches ZoneChoice Registered Index-Linked Annuity

CUNA Mutual Group, a leading insurance and financial services company, announced the launch of the new ZoneChoice Annuity, a registered index-linked annuity, issued by MEMBERS Life Insurance Company. This new product will allow savers to personalize their investment strategy to meet their unique risk tolerance with the potential to deliver higher returns through varying market cycles along with valuable downside protection.

Read More: Novae Financing: The First Black Owned FinTech Company to Offer Buy Now Pay Later Services to Small Businesses Nationwide


ZoneChoice lets retirement savers strike their ideal balance between growth and protection with a choice of both floors (which provide a maximum loss in a down market) and buffers (which provide protection against losses up to a buffer). Consumers can personalize a comfort zone based on their individual needs to help with a financially secure retirement.

Read More: Upgrade Card Becomes First Generally Available US Credit Card to Offer Bitcoin Rewards

“This new offering is true to our core principles of simplicity, integrity and innovation,” said David Hanzlik, Vice President, Annuity and Retirement Solutions, CUNA Mutual Group. “After the year we have had, people are seeking opportunities to mitigate their investing risk while maintaining the potential for upside growth. ZoneChoice presents the perfect balance for those clients.”

ZoneChoice’s investment indices include a new Barclays Risk Balanced Index which allocates between 50 US low volatility stocks and fixed income, and which was developed in partnership with CUNA Mutual Group specifically for ZoneChoice. It also offers the S&P 500 Index and a declared rate account that lets buyers lock in a pre-determined rate for one year.

Read More: PandaDoc App for Zoom Brings Business Documents to Zoom Meetings

Related posts

Western Union Expands International Payment Services in Brazil

Fintech News Desk

Serving the Financially Underserved: Inditrade to Deploy Scienaptic’s Decisioning Engine to Power SME Credit Decisions

Fintech News Desk

Diginex launches Front-to-Back Digital Assets Trading, Portfolio Management and Risk Platform Powered by Itiviti

Fintech News Desk