Legacy Marketing Group and Standard Insurance Company (The Standard) have announced a strategic alliance and joint venture, introducing EclipseMark SM Single Premium Deferred Index Annuities. This new product aims to provide clients with a method to grow and protect their retirement assets.
EclipseMark fixed index annuities are designed to minimize renewal rate uncertainty by featuring multiple extended-rate guarantees across various interest crediting options, including a 10-year fixed rate. The product also includes a 12% vesting premium bonus*, intended to enhance initial earnings. Flexible options are available to meet diverse client needs, such as a 10-year surrender schedule for long-term growth focus and a five-year option for clients up to age 90. Additionally, clients can access funds through penalty-free withdrawals of up to 15% annually after the first contract year.
Alan Assner, vice president and head of Individual Annuities at The Standard, commented on the collaboration: “This partnership with Legacy marks an exciting new chapter in our commitment to provide innovative financial solutions. By combining our expertise, we can deliver an annuity product that not only provides security and stability but also empowers people to plan for a stronger financial future.”
EclipseMark is issued by Standard Insurance Company, which holds an “A” (Excellent) rating** from AM Best, a rating it has maintained since 1928, the first year of AM Best ratings. Preston Pitts, president of Legacy Marketing Group, expressed satisfaction with the alliance: “We are pleased for the opportunity to work with The Standard, one of the most highly respected organizations in the industry. I believe this FIA aligns security, stability and growth opportunities. Designing an FIA that offers crediting options to cover a multitude of consumer risk tolerances, while simultaneously providing guarantees to issued rates on most crediting strategies, was critical to the construction of this product.”
Legacy Marketing Group, established in 1993, collaborates with highly rated insurance companies to develop and distribute proprietary financial security products. These products are sold through a nationwide network of independent marketing organizations and insurance agents. The company emphasizes a full-service, relationship-focused business model and is recognized within the independent producer distribution channel.
The Standard, founded in 1906, is a family of companies dedicated to financial well-being. It provides various financial protection products and services to employers and individuals, including disability, life, accidental death and dismemberment, dental, and vision insurance, as well as absence management, paid family leave, retirement plans, and annuities. The company’s insurance products are offered by Standard Insurance Company, headquartered in Portland, Oregon.
Annuities are not guaranteed by any bank or credit union and are not insured by the FDIC or any other governmental agency. Some annuities may go down in value. Guarantees are based on the financial strength and claims-paying ability of Standard Insurance Company. Product features and availability vary by state and distributor. Legacy Marketing Group exclusively markets EclipseMark and is not an affiliate of The Standard or its affiliates.
* Available on EclipseMark 10 Plus. A premium bonus will result in a reduction in rate.
** AM Best rating as of May 2025 is “A” (Excellent), third of 13 ratings for financial strength. Rating includes The Standard Life Insurance Company of New York and American Heritage Life Insurance Company.
