Great American : Rate Lock Period Extended for Fixed-Indexed Annuities and More

Great American Life News

January 20, 2015

You Asked, We Listened

Rate Lock Period Extended for Fixed-Indexed Annuities

Great news! We are pleased to announce that we have extended the rate lock period for fixed-indexed annuities. As a result of your valued feedback, we will now allow additional time to submit transfer and rollover funds to the Home Office. The updated procedures are in effect for the recently announced interest rate decreases that are effective January 21, 2015 and for all decreases going forward. Please see below for details.

Updated new business procedures for interest rate decreases effective January 21, 2015

For all paperwork that is received in the Home Office by 5:00 p.m. ET on Tuesday, January 20, please follow the guidelines provided in the table below to receive the higher rate:

Paperwork received	UPDATED! Funds must be received by 5:00 p.m. ET on:
On or before December 6	January 20
December 7 – December 20	February 6
December 21 – January 6	February 20
January 7 – January 20	March 6

Please see the interest rate chart for details.

Rate lock training examples

Please refer to the attached fixed and fixed-indexed annuity training fliers to learn more about our rate lock procedures.

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

The American Custom 10 fixed-indexed annuity offers competitive benefits to help your clients create a winning strategy for their retirement. Product highlights include:

–10-year early withdrawal charge schedule

–5% penalty-free withdrawals

–Multiple indexed strategies:

-S&P 500 1-year point-to-point with cap

-SPDR GLD 1-year point-to-point with cap

-S&P 500 1-year point-to-point with participation rate – uncapped growth potential!

–Four commission options for you!

Plus, customize your clients’ strategy with an optional rider, 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.

New Rider Approvals

The following riders are now available in Pennsylvania:

-Simple Income Option

-Stacked Income Option

Please see the state approval chart for details.

NB22-15


	Calculate the value of our IncomeSecure, Inheritance Enhancer and IncomeSustainer Plus riders

	View current rates and state approvals

	Online resources for your required training

	New Business Forms & Marketing Materials

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

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

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