Great American Life Insurance Company Annuities
Offer your clients an annuitization bonus of up to 10% with Secure American! This fixed annuity offers a seven-year declining early withdrawal schedule. Plus, your clients can make additional contributions to their contract during the first three contract years ($5,000 minimum per purchase payment). For a complete product description, see the Product Guide located under the Marketing Materials tab.
- Qualified 18-88
- Non-qualified 0-88
- IRA (Traditional, Roth, SEP and SIMPLE)
- Issued with single premium
- Additional purchase payments ($5,000 minimum) accepted in first three contract years
- $1 million for ages 0-75
- $750,000 for ages 76-80
- $500,000 for ages 81+ without prior Home Office approval
- Annuitization bonus
- 7-year declining 9%, 8%, 7%, 6%, 5%, 4%, 3%
- Penalty-free withdrawal of up to 10% of initial purchase payment available immediately.
- After the first contract year, 10% of the cash value as of the most recent contract anniversary may be withdrawn.
- For amounts annuitized for a period of seven years or longer or life, early withdrawal charges will be waived.
- All early withdrawal charges end after the 10th contract anniversary.
- Terminal Illness Waiver
- Extended Care Waiver