Great American Life Insurance Company Annuities
American Freedom Aspire 5
Offer your clients guaranteed growth with American Freedom Aspire 5. This fixed annuity offers a base interest rate that increases 0.10% in years two through five. This product accepts single and flexible purchase payments. For a complete product description, see the Product Overview located under the Marketing Materials tab.
- Inherited non-qualified 0-75
- Non-qualified 0-89
- Inherited IRA 0-75
- Qualified 0-89
- Non-qualified
- Qualified
- Inherited non-qualified
- 403(b) (Traditional and Roth)
- IRA (Traditional, Roth, SEP, SIMPLE and Inherited)
- 457(b)
- Single and flexible purchase payments
Minimum:
- $2,000
Subsequent:
- $2,000
Maximum:
- $1 million for ages 0-85
- $500,000 for ages 86+
- Return of premium value is the sum of all purchase payments, less all withdrawals (but not including amounts applied to pay early withdrawal charges), and premium tax or other taxes not previously deducted. Available on or after the third contract anniversary. Included at no extra charge.
- 0.10% annual interest rate adjustment in years 2-5
- 5-year rolling 7%, 7%, 7%, 6%, 5%
- All early withdrawal charges end after the 10th contract anniversary
- During the first contract year, 10% of purchase payments may be withdrawn without an early withdrawal charge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 sum of the account value as of the most recent contract anniversary plus all purchase payments received since that contract anniversary may be withdrawn without an early withdrawal charge
- Terminal Illness Waiver
- Extended Care Waiver
- Fixed period payout
- Life payout
- Life payout with payments for at least a fixed period
- Joint and one-half survivor payout
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 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 here.
