About Aspida
Recently founded in 2021, Aspida is a newer life insurance company compared to other annuity providers. Aspida’s main goal is to provide fast, simple retirement solutions — like annuities — in today’s digital age. They’ve partnered with many professionals that have over 200 years of combined life insurance and annuity experience.
Aspida Life Insurance is backed by Ares Management Corporation, a leading global alternative investment manager. Ares oversees Aspida’s asset management, capital solutions and other development services. As of September 2022, Ares has $341 billion assets under management.
Aspida offers annuities in 48 U.S. states — excluding New York and Connecticut — and the District of Columbia. Their indirect subsidiary, Aspida Life Re Ltd., sells annuities globally. Aspida Life Re Ltd. is currently headquartered in Bermuda, a leading location for reinsurance business.
Aspida Contact Information
- Aspida Life Insurance: 1+(833) 427-7432
- Aspida Life Re Ltd.: 1+(441) 437-9450
Aspida Credit Ratings
Aspida has high financial strength ratings from two leading credit rating agencies — AM Best and KBRA. A life insurance company’s financial strength is rated based on the company’s ability to pay obligations under policies and contracts.
Aspida Ratings
Annuity Products Offered by Aspida
Aspida offers two types of annuities — fixed annuities and fixed index annuities. There are three fixed annuities — WealthLock MYGA, Synergy Choice MYGA and Aspida Advisory MYGA — and two fixed index annuities — Synergy Choice Max and WealthLock Accumulator.
Consider your financial needs and the differences between each Aspida annuity before making a purchase.
Aspida’s Fixed Annuity vs. Fixed Index Annuity
Fixed Annuity | Fixed Indexed Annuity | |
---|---|---|
Growth Potential | Guaranteed rates, typically higher than CDs | Positive return based on selected indices |
Beneficiaries | Assets passed without probate | Assets passed without probate |
Principal Protection | ✓ | ✓ |
Risk Level | Low risk | Medium risk |
Tax Advantaged | ✓ | ✓ |
Lifetime Income | ✓ | ✓ |
Fixed Annuities
Aspida’s fixed annuities are all single premium deferred fixed multi-year guaranteed annuities (MYGA) with a two-to-seven-year guarantee period option. Your MYGA will grow tax-deferred and most offer flexibility to adjust for your current financial situation.
Aspida’s Fixed Annuities
- Aspida Advisory MYGA
- Synergy Choice MYGA
- WealthLock MYGA
Aspida will allow you to make withdrawals from your fixed annuity to cover unexpected costs. After the first year, you can also access 100% of your contract value if you become confined to a nursing home and diagnosed with a terminal illness.
Fixed Index Annuities
Aspida offers two fixed index annuities – WealthLock Accumulator and Synergy Choice Max. They are single premium deferred fixed index annuities with seven-to-10-year contract options.
The WealthLock Accumulator offers protection to get a high rate of return that is tied to an indices’ performance, a fixed rate or both.
Equity Indices Available With the WealthLock Accumulator
- S&P 500
- Franklin Templeton
- Janus Henderson Investors
- Invesco
You can withdraw 10% of your cash value each year after your first year. Same as Aspida’s fixed annuities, you can also access 100% of your contract value if you become confined to a nursing home and diagnosed with a terminal illness.
If you want to learn about the WealthLock Accumulator’s interest crediting rates, Aspida has a PDF with rates available.

Lock In Fixed Annuity Rates as High as 6.4%
Client Resources
If you’ve already purchased an annuity from Aspida and have additional questions, log into their online portal to receive assistance. Other resources, like specific financial information, forms and submission databases will be available to streamline your process.
If you have a specific need, like filing a claim or general client support for your annuity, you should send an email instead.
- Client Support
- [email protected]
- Claim Support
- [email protected]
Aspida Client Contact Information