Innovative features designed to boost client growth potential
AuguStar® Retirement, a Constellation company, announces today exciting new features of the popular OrionShieldSM annuities, propelling the company’s expansion within the Independent Marketing Organization (IMO) distribution channel. These innovative features are designed to help financial professionals provide security, stability and growth potential for clients, giving them a powerful head start on their financial journey.
The OrionShield 10-year fixed indexed annuity (FIA) offers financial professionals and their clients a new tiered premium bonus structure. This new structure allows clients to select up to a 24% premium bonus credited to their initial premium on day one. The new premium bonus options are also available for ages 81-85, an age group underserved in the industry.
“The premium bonus options have always been popular for OrionShield,” says Marc Socol, AuguStar Retirement’s chief revenue officer. “By featuring five different levels of premium bonuses, OrionShield 10 rises to a new level.”
In addition, AuguStar has a new lineup of index options, including the S&P MARC 5 index and three new options developed in partnership with MerQube, a pioneer in technology for next generation index-linked investing, offering more diversification opportunities for potential returns. The full index lineup features targeted volatility levels to offer faster, more precise risk management, allowing for quicker responses to market fluctuations, enhancing risk-adjusted returns.
Socol continues, “In under two years our products have exceeded expectations with independent marketing organizations, the enhancements launched today position OrionShield among the most competitive in the industry.”
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