Great American Life has partnered with Raymond James to develop a new indexed annuity play targeted at US distributors seeking market exposure for their clients in bull and bear markets.

Life insurance company Great American Life has launched a new variable indexed annuity developed in collaboration with Raymond James. The Index Summit 6, which will be offered through financial institutions, banks and independent broker dealers, is the only annuity on the US market to offer crediting strategies with both upside and downside participation rates. The crediting strategies feature a 50% downside participation rate and current upside participation rates of up to 120% for the fi

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