American Life Expands Its Retirement Products to Washington and Alaska
American Life Expands Its Reach into Washington and Alaska
American Life & Security Corp., a notable player in the annuity sector, has officially announced its expansion into Washington and Alaska, broadening its product offerings in these regions. This strategic move aligns with the company's commitment to helping Americans secure their retirement futures.
As of now, American Life's range of flexible retirement products will be available in Washington, while initial offerings in Alaska will include the American Select FIA (Fixed Indexed Annuity) and the American Classic MYGA (Multi-Year Guaranteed Annuity). This expansion signifies that Washington and Alaska are the final states in the Pacific Northwest and the non-contiguous United States respectively to gain access to American Life's products. After growing its presence in New Hampshire last November, this latest development brings American Life's service footprint to a total of 28 states, including the District of Columbia.
Tom Bumbolow, the Head of Distribution and Business Development at American Life, expressed enthusiasm regarding this expansion. “We’re excited to increase our footprint into two states where we feel our products can have a lasting impact. Our number one goal is to help Americans across the country build a better and more secure retirement, and to do that we must continue to expand,” he stated.
The announcement is particularly timely, coinciding with rising retiree relocation trends favoring these states. A report from U.S. News and World Report for the 2025-2026 index highlighted multiple cities in Washington as top destinations for retirees based on quality of life. In Alaska, the Department of Labor and Workforce Development reported that seniors aged 65 and older represent a growing portion of the state's population, increasing from approximately 13% in 2020 to about 16% currently.
American Life, headquartered in Lincoln, Nebraska, is known for its innovative approach to annuity products aimed at empowering individuals and families to achieve financial security. Their retirement solutions focus on offering unique designs and promoting trust-driven partnerships, always putting the client first. This mission plays a critical role in their continuous expansion and adaptation in the financial services industry.
As American Life rolls out its offerings in Washington and Alaska, it promises to provide guidance and support for those aspiring to enjoy a secure and prosperous retirement. The company views this expansion not just as a business opportunity, but as a chance to positively influence the lives of many Americans seeking solid financial futures.
From flexible retirement planning to trusted advice, American Life aims to navigate its clients through the nuances of retirement savings with the utmost professionalism and care. With this mission in mind, American Life is poised to redefine retirement for its clients as it continues its journey of growth and expansion across the United States.
In conclusion, the expansion into Washington and Alaska underscores American Life’s dedication to delivering robust financial tools for retirement planning. By focusing on areas with increasing retiree populations and quality of life, the company is not only expanding its market presence but also contributing to the financial empowerment of countless individuals and families seeking stability in their golden years.