AmeriLife has turned to two life insurance subsidiaries of A-CAP to stock its non-variable annuity shelves.
The Clearwater, Florida-based life, health and annuity distributor is introducing the Accumulation Protector Plus Annuity contract, which it’s also calling the APP contract.
The A-CAP subsidiaries writing the contracts are Sentinel Security Life Insurance Company of Salt Lake City, Utah, and and Atlantic Coast Life Insurance Company of Charleston, South Carolina.
A-CAP is a New York-based holding company. The company’s chairman and chief executive officer is Kenneth King, who has worked in the past for Gallagher Capital Solutions, Swiss Re Financial Products and Gen Re Financial Products.