Aspida launches DreamPath RILA for retirement growth
Aspida Life Insurance Company launched a registered index-linked annuity that ties returns to equity market performance while limiting downside exposure. The DreamPath product allows buyers to link funds to the Nasdaq-100, S&P 500, MSCI Emerging Markets, or Russell 2000 indices with buffer protection against losses.
Buyers select risk levels and choose fixed interest or market-linked returns across one-year, three-year, or six-year terms. Senior Vice President Chad Burns said the structure offers greater growth potential than fixed or fixed-indexed annuities while maintaining protection against severe market declines.
Registered index-linked annuities generated $65.6 billion in sales last year, nearly quadruple the volume from five years earlier, according to LIMRA. These products reached $19.1 billion in second-quarter 2025 sales, up 15 percent from the previous year.
Total annuity sales hit a record $119.5 billion in the second quarter, an 8 percent annual increase. LIMRA projects full-year sales will exceed $400 billion.
