Aspida Life Insurance Company has launched a new annuity to help retirees balance the potential for market growth with protection from losses and improved digital control over their savings.
Aspida Life Insurance Company has introduced the Aspida DreamPath Registered Index-Linked Annuity (Rila), which offers investors a mix of market-based returns and risk management features. The new product is designed to give retirees more flexibility than traditional fixed annuities The product lets clients participate in stock market performance while protecting against some losses. This balance has created high demand in the Rila market, which reached US$65.6 billion in sales in 2024