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January 12, 2015 Fixed-Indexed Annuity Rate Decreases Effective January 21 Updated New Business Procedures due to Implementation of Rate Lock Due to the recent decline in 10-year treasury rates and steadily rising volatility rates, the changes below are effective January 21, 2015. After receiving feedback from our valued producers, we are pleased to announce that we have implemented rate lock for all Great American Life annuity products. Because of this, our new business procedures have changed. Please see below for details. Fixed-indexed annuity decreases Rates are decreasing for the following fixed-indexed annuities effective January 21, 2015: Safe Return Safe Outlook American Legend III American Custom 10 American Valor 10 Cash with Application/Wire In order to receive the higher rate, applications with checks must be received in the Home Transfers and Rollovers In order to receive the higher rate, please follow the guidelines provided in the table below:
Please see the interest rate chart for details. Rate lock training examples If you are interested in learning more about our rate lock procedures, please refer to the Thank you for your continued support of Great American Life. NB13-15 |
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For producer use only. Not for use in sales solicitation. |