NEW YORK--(BUSINESS WIRE)--Global Atlantic Financial Group (Global Atlantic), a leading insurance provider meeting the retirement and life insurance needs of individuals and institutions, today announced the launch of ForeStructured Growth II, an innovative registered index-linked annuity (“RILA”) designed to help balance growth potential with an element of downside protection.
This next-generation RILA solution offers more than 50 index-linked strategies providing a variety of buffer and floor protection features along with the opportunity to grow assets with the index crediting strategy 1. Some of these strategies include unique Dual Directional features that can generate positive crediting at the end of the Strategy Term, even in some negative markets. The product addresses a critical need identified in Global Atlantic’s 2024 Retirement Outlook Survey, where nearly 70% of investors expressed interest in protection against investment loss.
“Americans are clearly concerned about the combined effects of economic uncertainty and market volatility on their retirement savings. ForeStructured Growth II evolves the RILA landscape giving new protection strategies while also introducing the potential for growth,” said David Lacusky, Head of Annuity Sales at Global Atlantic. “The combination of buffer and floor protection, along with the ability to customize allocations, allows financial professionals to fine-tune solutions for each client's growth objectives and risk tolerance.”
ForeStructured Growth II also offers two innovative crediting strategies:
- Dual Directional Trigger and Cap with Buffer Strategy
- Dual Directional Yield with Buffer Strategy 2
The Dual Directional Trigger and Cap with Buffer Strategy combines features of Dual Directional Trigger Strategies with an index cap to enhance interest crediting potential. The Dual Directional Yield with Buffer Strategy is exclusive to Global Atlantic and offers an opportunity to earn Performance Credits quarterly throughout a six-year Strategy Term. These new crediting strategies give financial professionals a powerful solution to offer their clients seeking growth potential and income.
To learn more visit: ForeStructured Growth II
1 A Strategy Interim Value is applied if amounts are withdrawn or otherwise removed from an Indexed Strategy before the end of a Strategy Term, which may result in significant loss.
2 An Index Credit will also be applied at the end of the Strategy Term, but it will be either negative or equal to zero (never positive).
About Global Atlantic
Global Atlantic Financial Group is a leading insurance company meeting the retirement and life insurance needs of individuals and institutions. With a strong financial foundation and risk and investment management expertise, the company delivers tailored solutions to create more secure financial futures. The company's performance has been driven by its culture and core values focused on integrity, teamwork, and the importance of building long-term client relationships. Global Atlantic is a wholly owned subsidiary of KKR, a leading global investment firm. Through its relationship, the company leverages KKR's investment capabilities, scale and access to capital markets to enhance the value it offers clients. KKR's parent company is KKR & Co. Inc. (NYSE: KKR).
This material is intended to provide educational information regarding either the features and mechanics of the product or for general reference/education and is intended for use with the general public. It should not be considered, and does not constitute, personalized investment advice. The issuing insurance company is not an investment adviser nor registered as such with the SEC or any state securities regulatory authority. It’s not acting in any fiduciary capacity with respect to any contract and/or investment.
This material is authorized for distribution only when accompanied or preceded by a prospectus and an applicable product brochure for the annuities being offered. The prospectus contains features, benefits, risks, fees, and other information regarding the registered index‐linked annuity contract, which should be considered carefully before investing. You should read the prospectus carefully before investing money.
Registered Indexed‐linked annuity products are complex insurance and investment vehicles. There is risk of loss of principal. Early withdrawals may be subject to withdrawal charges and a market value adjustment. Please refer to the prospectus for other important information including any risks about the product.
Guarantees provided are subject to the financial strength of the issuing insurance company; not guaranteed by any bank or the FDIC.
ForeStructured Growth II registered index‐linked annuity is issued by Forethought Life Insurance Company, 10 West Market Street, Suite 2300, Indianapolis, Indiana. ForeStructured Growth II is available with Contract A24RILA‐SPDA‐02 and rider forms FA4131‐01, RA24‐ROP‐01, RA24‐PLOCK‐01, RA24‐MVA‐02, ICC14‐FL‐FIATI, ICC14‐ FL‐FIANC, RA24‐FSR‐01, RA24IS‐PTPCB‐02, RA24IS‐PTPCF‐02, RA24IS‐PTPCAF‐02, RA24IS‐PTPPB‐02, RA24IS‐PTPTPB‐02, RA24IS‐PTPTRB‐01, RA24‐PCA‐01, RA24IS‐DD‐ PTPCB‐01, RA24IS‐DD‐PTPTRB‐01, RA24IS‐DD‐PTPTRACB‐01, RA24IS‐DD‐YB‐01. ForeStructured Growth II is underwritten and distributed by Global Atlantic Distributors, LLC.
Products, features, and marketing materials are subject to state and firm variations and availability. Read the Contract for complete details.
Global Atlantic Financial Group (Global Atlantic) is the marketing name for The Global Atlantic Financial Group LLC and its subsidiaries, including Forethought Life Insurance Company and Accordia Life and Annuity Company. Each subsidiary is responsible for its own financial and contractual obligations. These subsidiaries are not authorized to do business in New York.
