Great American® AMERICAN VALOR™
Select from a declared rate strategy and multiple indexed strategies.
10% Penalty Free Withdrawls
During the first contract year, you may withdraw up to 10% of the purchase payment (initial lump-sum premium) without an early withdrawal charge. After the first contract year, 10% of the account value on the most recent contract anniversary may be withdrawn without an early withdrawal penalty.
2% Purchase Payment Bonus
Annuity value will increase by 2% initial bonus amount on premium paid.
*Rate current as of 2/22/16 and is subject to change at any time.
Extended Care and Terminal Illness Waiver
Should the purchaser of the annuity need access to funds due to terminal illness or extended hospitalization or care, the early withdrawal penalty schedule is waived if requirements are met as outlined in the contract.
Please refer to the Product Brochure for further clarification.
*The S&P 500 Index is a product of S&P Dow Jones Indices LLC (“SPDJI”), and has been licensed for use by Great American Life. Standard & Poor’s®, S&P®, and S&P 500® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones® is a registered trademark Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Great American Life. The Safe Return is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties makes any representation regarding the advisability of purchasing the Safe Return nor do they have any liability for any errors, omissions or interruptions of the S&P 500 Index.
*The S&P 500 Risk Control 10% Index refers to the S&P 500 Average Daily Risk Control 10% USD Price Return Index. For more information, visit www.US.SPIndices.com and search keyword SPXAV10P.
Not FDIC or NCUSIF Insured • No Bank or Credit Union Guarantee • Not Insured by any Federal Government Agency • Not a Deposit • May Lose Value