SOURCE: AMZ Financial Insurance Services, LLC

July 08, 2008 13:02 ET

AMZ Financial and WeXL Financial Develop Strategic Partnership

WAUKEE, IA--(Marketwire - July 8, 2008) - AMZ Financial Insurance Services, one of the nation's largest independent Indexed Universal Life distributors, announced today that it has developed a strategic partnership with WeXL Financial, an innovative financial services company that focuses on debt elimination and wealth creation.

Unfortunately, for many the American Dream has turned into a nightmare. Currently, the national savings rate has dipped below 1 percent(1) and many homeowners are burdened by debt through consumer loans and mortgages more than ever before. This strategic partnership will focus on leveraging the distribution of both companies in order to provide innovative products and efficient processing on a large scale.

"We couldn't be more excited about the opportunities ahead with WeXL," said Allie Miller, CEO of AMZ Financial. "This exclusive arrangement brings together two of the industry's leading financial services companies at a time when people need help securing the American Dream."

The strategic partnership will involve AMZ Financial providing the necessary training, education, and insurance products to the WeXL sales force. "The WeXL path to financial wellness begins when a person decides to create a plan that addresses both sides of the financial equation, which include both debt and retirement," said Brett Redd, CEO of WeXL. "No company more effectively addresses these two plans, at the same time, than WeXL Financial."

"A key component to financial wellness involves making a few simple changes that pay enormous dividends over the long term," said Cory Weaver, President of WeXL Financial. "With a partner like AMZ, we know our sales force will have the best education and access to the most cutting-edge indexed insurance products."

(1) U.S. Bureau of Economic Analysis, Personal Savings Rate

About AMZ Financial

AMZ Financial is an insurance product innovator that designs, develops and distributes indexed life insurance products through its national network of financial professionals. In 2007, the company distributed more than $55 million in Indexed Universal Life. For more information, visit www.amzwebcenter.com.

About WeXL Financial

WeXL Financial is a leading provider of a comprehensive debt solution system. The company also provides specific retirement strategies that can be implemented while a person is getting out of debt. The company distributes its products through a direct sales force of thousands of agents throughout the U.S. Visit www.wexlfinancial.com

Contact Information

  • Contacts:
    Jeff Janes
    Chief Marketing Officer
    AMZ Financial
    515-327-1181

    Cory Weaver
    President
    WeXL Financial
    801-691-5751