Great American Life News

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October 27, 2014

Tackle your clients’ retirement with the new American Custom 10!

Customize your clients’
strategy with one of our new optional riders, available exclusively
with the

American Custom 10
!

Cumulative Free-Withdrawal Option



Simple Income Option



Stacked Income Option

Maximum 25% (20% maximum carryover, plus 5% annual free withdrawal)


10% income rollup for 10 years & early income enhancement


5% income rollup for 10 years, plus 100% of account value interest for
the life of the contract.

 


Reminder – Rate decreases effective October 27 & November 21


Please remember, due to the recent decline in 10-year treasury rates and
steadily rising volatility rates, the following changes are effective
October 27 and November 21, 2014.


Effective today, Monday, October 27, 2014

  • The  American Valor 10 premium bonus is decreasing from 4% to 2%
  • The Safe Return bailout cap is decreasing to 3% for both the point-to-point and monthly averaging indexed strategies. This is a change from the previous 50 bps spread.

 

Order tickets received by Friday, October 24 must have funds in the Home Office by Friday, November 21 to receive the previous rates.


Effective Friday, November 21, 2014

 

  • Fixed interest rates and caps are decreasing for the American Legend
    III
    and Safe Outlook.

Rates will be determined by the date money is received, regardless of the
order ticket date. Funds must be received by Thursday, November 20 in order
to receive the previous rates.

Please see the interest rate chart for details.

Thank you for your continued support of Great American Life.

 


Complete your AML Refresher Course by December 31

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Please remember to complete your annual LIMRA anti-money laundering (AML) refresher course by December 31, 2014. If you do not complete the training by year-end, commissions will be held until the training is completed. If you have already completed the training, no additional
action is required.

 

You may access the refresher course here.

Please refer to the training instructions for additional details
.

If you complete the training through an approved provider other than LIMRA, you can fax us the certification of completion at (513) 412.5144.

 

Approved providers include: Cetera Financial Group; FINRA; ING; John Hancock; Kaplan Financial; Lincoln Investment Planning; National Planning; Quest CE; Reg Ed; SWBC Investment Service; Web CE; Wells Fargo

Thank you for your cooperation!


Correction – New commission option available for American Legend III! 

The American Legend III now offers a Trail AV commission option. Last week, we incorrectly stated that trail payments begin immediately with this option. However, Trail AV pays an upfront commission plus quarterly trail payments beginning in
year two.
We apologize for the error.

 

Check out the American Legend III commission calculator to see how your earnings can add up with a trail!


NB219-14

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and
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Resources

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your required training



Paperwork

New Business Forms
& Marketing Materials

Questions?
Contact the Sales Team at (800) 438.3398, ext. 11999 or

SPSales@gaig.com
.

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For producer use only. Not for use in sales solicitation.

If applicable, please confirm products and riders are approved by your
Broker/Dealer.

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