North American Company for Life and Health Insurance, West Des Moines, Iowa, announces the launch of the NA Performance Choice Fixed Indexed Annuity. The new product has an inverse performance trigger option, which allows index-linked growth potential in a down market with a more favorable earning potential than the current fixed account rate.
Along with the IPT, contract holders may choose from a variety of index options within the product and have the ability to transfer between accounts. These options allow contract holders to customize their annuity according to their own personal retirement objectives.