Great American Life Insurance Company Annuities
SecureGain 5
Offer your clients inflationary protection with SecureGain 5! This fixed annuity offers a 0.25% first-year interest rate bonus. Plus, after the first contract year of the initial term, 0.10% will be added to the base interest rate in years two through five. This product is issued with single premium only. Additional purchase payments require a separate contract. For a complete product description, see the Product Guide located under the Marketing Materials tab.
PRODUCT DETAILS
- Inherited IRA 18-75
- Inherited non-qualified 0-75
- Qualified 18-89
- Non-qualified 0-89
- Non-qualified
- Inherited non-qualified
- 403(b) (Traditional and Roth)
- IRA (Traditional, Inherited, Roth and SIMPLE)
- 457(b)
- Issued with single premium
- Additional purchase payments require a separate contract
Minimum:
- $10,000
Maximum:
- $1 million for ages 0-75
- $750,000 for ages 76-80
- $500,000 for ages 81+ without prior Home Office approval
- 0.25% first year bonus interest rate
- 0.10% annual interest rate adjustment in years 2-5
- 5-year declining 9%, 8%, 7%, 6%, 5%
- During the first contract year, 10% of purchase payments may be withdrawn without an early withdrawal charge.
- After the first contract year, 10% of the account value as of the most recent contract anniversary may be withdrawn without an early withdrawal charge.
A market value adjustment will apply if, prior to the end of the initial five-year term, the contract is surrendered or a withdrawal above the free withdrawal allowance is taken.
- Terminal Illness Waiver
- Extended Care Waiver
Extended care waiver rider - After the first contract year, if the contract owner is confined to a nursing home or long-term care facility for at least 90 consecutive days as prescribed by a physician for a medically necessary reason, early withdrawal charges will be waived on withdrawals up to a full surrender. There is no additional charge for this waiver.
Terminal illness waiver rider - After the first contract year, if the contract owner is diagnosed by a physician as having a terminal illness (prognosis of survival is 12 months or less, or a longer period as required by state law), early withdrawal charges will be waived on withdrawals up to a full surrender. There is no additional charge for this waiver.
Complete the form below to access new business paperwork. Please note, if you do not complete required training prior to your first sale, new business will be rejected and returned to you. Visit the required training page to view and complete required training.
Complete the form below to find product-specific marketing materials. Additional materials are located under Marketing and Sales Materials.
Ready to submit business? You can upload paper versions or use our electronic business platform here.