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Aspida Life

Why annuities from Aspida Life?

Founded in 2020 by industry veterans, Aspida Life Insurance Company is a tech-driven, nimble insurance carrier.

With an A- (Excellent) rating>1 and the backing of Ares Management Corporation, a leading global alternative investment manager with $596B in AUM as of September 30, 2025,2 they offer secure retirement solutions with a focus on speed, service, and simplicity. Aspida Life∆∆ is in the business of protecting dreams; those of their partners, their financial professionals, and especially their clients.

Their suite of annuity products focuses on reliable solutions with attractive features and downside protection. Aspida Life assets are managed by Ares Insurance Solutions (AIS). With decades of direct insurance industry experience, AIS aims to deliver excellent service and consumer value.

Looking for guidance? Connect with our Annuities Specialists.
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Aspida Life products available through Flourish Annuities ∫ ††

Product

Rate <

Term

Penalty-free withdrawals

Availability

Aspida Advisory MYGA 2

4.10% ($100k+3)
3.95% ($25k+)

2 years

Available starting in year 2

Not available in NY or NC

Aspida Advisory MYGA 3

4.60% ($100k+)
4.45% ($25k+)

3 years

Available starting in year 2

Not available in NY or NC

Aspida Advisory MYGA 5

5.30% ($100k+)
5.15% ($25k+)

5 years

Available starting in year 2

Not available in NY or NC

Aspida Advisory MYGA 7

5.55% ($100k+)
5.40% ($25k+)

7 years

Available starting in year 2

Not available in NY or NC

This table provides general carrier product information. Product variations may exist in certain states. Please contact our Annuities Specialists or refer to carrier-specific information for details.

What is the Aspida Advisory MYGA?

The Aspida Advisory MYGA is a single premium deferred fixed multi-year guaranteed annuity offering multiple interest rate guarantee periods for a secure, low-risk way to grow tax-deferred money for retirement.††

What this product offers

icon-protection-1

Protection from loss

The Aspida Advisory MYGA protects your initial payment, as well as the interest earned, from fluctuations in the market. Your growth is guaranteed.††

icon-growth-1

Dependable growth

Your premium earns a guaranteed interest rate for the term you choose and continues to accumulate interest at the same compounded rate for the length of your contract. After the initial guarantee period ends, your interest rate will change, but will never be lower than the minimum guaranteed interest rate stated in the contract.††

icon-tax-deferral-2

Growth is tax deferred

Your earnings grow 100% tax-deferred,«« which means you don’t pay taxes on the interest as it’s earned, but only when you withdraw it at a future date (usually retirement).‡‡ This feature allows your contract value to grow faster when compared to taxable returns.††

Aspida Advisory MYGA product information††«

Guaranteed periods

2, 3, 5, or 7 years

Issue ages

18-90 years

Premium3

Minimum of $25,000 and maximum of $2,000,000

Death Benefit

If the owner/annuitant dies before the maturity date, the beneficiaries will receive the full contract value, with no withdrawal charges or market value adjustment (MVA) applied.

Penalty-free Withdrawals4

Before the first contract anniversary, none available. Up to 10% of the contract value may be withdrawn without any withdrawal charges or Market Value Adjustment (MVA) after the first contract anniversary.

Nursing Home Waiver

The owner can withdraw up to 100% of the contract value if they are confined to an eligible Nursing Home. This benefit is available if confined for at least 90 consecutive days any time after the first Contract Anniversary and meet eligibility requirements. No Withdrawal Charge or MVA will be applied if the owner qualifies for this benefit. To receive the Nursing Home Waiver, the owner cannot be confined on the Contract Effective Date.

Terminal Illness Waiver

The owner can withdraw up to 100% of the contract value if diagnosed with a terminal illness that is expected to result in death within one year and they meet eligibility requirements. No Withdrawal Charge or MVA will be applied if the owner qualifies for this benefit. This waiver is available after the first Contract Anniversary and the initial diagnosis of terminal illness must be made after the Contract Effective Date.

Market Value Adjustment (MVA)

Subject to the exceptions stated in the contract, an MVA will be applied if part or all of the Contract Value is withdrawn above any allowable free amount. The MVA can be positive or negative.

Withdrawal charges‡‡

If a withdrawal is requested during the first year of the contract, in excess of the penalty-free amount after the first contract anniversary, or if the contract is surrendered before the end of the current guarantee period, the withdrawal may be subject to a withdrawal charge and MVA. Each guarantee period has its own withdrawal charge schedule, which decreases over time, as shown below.

Withdrawal charge schedule5

Contract year

1

2

3

4

5

6

7

8

2-year guarantee period

9%

8%

0%

3-year guarantee period

9%

8%

7%

0%

5-year guarantee period

9%

8%

7%

6%

5%

0%

7-year guarantee period

9%

8%

7%

6%

5%

4%

3%

0%

Click here for more information

Aspida Life website
Product brochure
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Flourish’s offerings are provided by different entities and are subject to different terms, investor protections, and risks. Flourish Cash is offered by Flourish Financial LLC, a registered broker-dealer and FINRA member. Flourish Financial LLC is not a bank. Check the background of Flourish Financial LLC and its personnel on FINRA's BrokerCheck. Flourish Annuities refers to the annuity platform operated by Flourish Technologies LLC and to Flourish Insurance Agency LLC (doing business in California under the name Flourish Digital Insurance Agency), and, where applicable, Flourish Financial LLC. Flourish Lending is offered by SoraFinance, Inc. (d/b/a Flourish Lending), a licensed mortgage broker (NMLS #2355841). SoraFinance, Inc. is not a lender. To verify SoraFinance, Inc., visit NMLS Consumer Access. The Flourish entities mentioned above are all wholly-owned subsidiaries of Flourish Holding Company LLC. Please review the Legal section of our website for more information and account terms. The role of the investment advisor or other firm that invited you to Flourish may vary between different Flourish services and products, as further described in your terms of service. © 2026 Flourish. All rights reserved.

∫ Flourish Annuities refers generally to the annuity platform operated by Flourish Technologies LLC and to Flourish Insurance Agency LLC, and, where applicable, Flourish Financial LLC. All Flourish entities are affiliates of each other. Flourish Insurance Agency operates in its capacity as a licensed insurance producer with offices in Jersey City, New Jersey, and does business in California under the name Flourish Digital Insurance Agency, providing insurance services related to such platform and the individual annuity contracts intended to be purchased by individual clients of registered investment advisors (“RIAs”). Variable annuities, defined in this context to include Registered Index-Linked Annuities (“RILAs”), are offered through Flourish Financial LLC, a registered broker-dealer and FINRA member. Flourish Financial LLC is not a bank.  

An annuity is an insurance contract. Variable annuities are considered securities. Securities are subject to investment risks, including possible loss of the principal invested. Annuities available on the platform are sold through Flourish Annuities and are issued by one or more licensed insurance companies. The issuing insurance company, not any Flourish company, is solely responsible for its own financial and contractual obligations. All benefits and guarantees of the annuity contract are subject to the claims paying ability of the issuing insurance company. This is not a proposal or a solicitation to purchase insurance and is for RIA use only. Flourish Annuities is not available to New York residents.

> AM Best ratings are provided on a scale from A++ (Superior), the highest rating, to D - (Poor), the lowest. Rating criteria include, among other things, financial strength, operating performance, ownership, and enterprise risk management. View AM Best’s Guide to Financial Strength Ratings for a full description of its rating scale and categories and to compare where a particular insurer's ranking falls within the total number of categories. https://www.ambest.com/ratings/guide.pdf

«« Qualified accounts will not have any additional tax deferral benefit.

†† The issuing insurance company, not any Flourish company, is solely responsible for its own financial and contractual obligations. All benefits and guarantees of the annuity contract are subject to the claims paying ability of the issuing insurance company.

< Rates displayed here are subject to change at any time, including a downward change.

‡‡ Any withdrawals taken prior to the Contract Owner reaching the age of 59½ may also be subject to a 10% federal tax penalty, in addition to ordinary federal and state income taxes. The Contract Owner should seek legal and tax advice before making withdrawals prior to age 59 ½.

∆∆ Aspida Life is the trade name of Aspida Life Insurance Company and its affiliates. Each company is solely responsible for its own financial conditions and contractual obligations.

« Guarantees are backed by the claims-paying ability of Aspida Life Insurance Company (“Aspida”). Annuities are designed for long-term accumulation of money; surrender and withdrawal fees may apply on early withdrawals. Annuity withdrawals are subject to income tax, and withdrawals prior to age 59½ may also be subject to an IRS penalty.

This piece provides a brief summary of product features. The contract associated with the product will contain the actual terms, definitions, limitations, and exclusions that apply. Product features and availability vary by state and are solely the responsibility of Aspida. Aspida Advisory MYGA-2, -3, -5, and -7 contract form series ICC22C-MYGA1012 and C-MYGA1012. Some exclusions and exceptions apply. Please refer to the contract for the actual terms and conditions that apply.

The statements and comments offered in this communication are provided as general information and ideas. They are not intended to be, nor should they be relied on as, investment, legal, tax advice, or recommendations. Before making a decision or giving advice about any matter contained in this communication, agents or individuals should consult their own attorney, tax, or investment advisor.

Products and services are underwritten and/or provided by Aspida (Administrative Office: Durham, NC), licensed in 49 states (excluding New York) and the District of Columbia. Products and services may not be available in all states.

Not FDIC/NCUA Insured • May Lose Value • Not Bank/CU Guaranteed • Not a Deposit • Not Insured by Any Federal Government Agency

1 Aspida Life: AM Best rating affirmed August 29, 2025.

2 As of September 30, 2025. AUM amounts include funds managed by Ivy Hill Asset Management, LP., a wholly owned portfolio company of Ares Capital Corporation and registered investment adviser.
3 $25,000 premium minimum to $2,000,000 maximum. A premium of more than $2,000,000 may be accepted with prior approval from Aspida Life.
4 Penalty-free RMDs from a tax qualified IRA are available 30 days from contract issue.
5 Aspida Advisory MYGA withdrawal charges may vary by state.