American Equity Investment Life Insurance, a leading underwriter of index and fixed rate annuities, announced the addition of a new Fixed Indexed Annuity Series to its competitive portfolio.

These new products, the Choice Series, add to the Company’s robust annuity product line, which has established American Equity as one of the top carriers in the annuity industry.

"We are excited about our new Fixed Indexed Annuity products," said Ron Grensteiner, President of American Equity.

"The addition of the Choice Series product line provides our clients with even more retirement options and flexibility. Specifically, this series caters to registered representatives within the broker-dealer market, but can be sold by any of our contracted agents."

The Choice Series – available now – allows client flexibility with 6, 8 or 10 year surrender schedule options, and offers competitive rates with five interest crediting methods. Additionally, it has a competitive optional Lifetime Income Benefit Rider which includes two payout options.

"A guaranteed lifetime income for our contract owners is very important to American Equity," said Kirby Wood, Senior Vice President and Chief Marketing Officer at American Equity.

American Equity Investment Life Insurance is a full-service underwriter of fixed annuity and life insurance products with a primary emphasis on the sale of index and fixed rate annuities.

Headquartered in West Des Moines, Iowa, American Equity Investment Life Insurance Company is committed to providing products with integrity as well as superior service to the agents they partner with and their policyholders.