About Aspida
Aspida Life Insurance Company is a modern annuity provider backed by Ares Management, one of the world's largest alternative asset managers with approximately $550 billion in assets under management. Founded in 2021, Aspida has quickly built a competitive lineup of fixed, fixed indexed, and income-focused annuities distributed through multiple channels including independent agents, banks, and fee-based advisors. The carrier focuses on innovative crediting strategies and rate competitiveness across its product portfolio.
How we scored them
The tradeoffs
- Backed by Ares Management, one of the world's largest alternative asset managers
- Innovative index crediting strategies including QuarterLock and alternative indices
- Competitive rates across MYGA lineup, particularly in the 7-year term
- Multiple distribution channels: agent, bank, and advisory (RIA) for broad accessibility
- Generous income rider benefits including Enhanced Nursing Home Multiplier on income products
- Young carrier with limited track record (founded 2021) and lower Comdex score of 57
- No variable annuity or SPIA products in current portfolio
- Not available in New York or North Carolina — major market limitations
- Some complex index strategies and premium bonus structures require investor education
- Limited geographic reach compared to legacy carriers
What you could receive
Live projection for Synergy Choice Income with Synergy Choice Income Guaranteed Lifetime Income Benefit Rider — single life, issue age 62, income beginning at age 67. Illustrative, not a quote; figures refresh from Annuity Rate Watch.
| Premium | Monthly | Annual |
|---|---|---|
| $250,000 | $2,372 | $28,468 |
| $500,000 | $4,745 | $56,935 |
| $1,000,000 | $9,489 | $113,870 |