AssuranceSelect 5

Offer your clients competitive growth opportunity with AssuranceSelect 5. This fixed-indexed annuity offers multiple indexed strategies, accepts additional purchase payments during the first contract year, and features early withdrawal charges that end after five years. For a complete product description, see the Product Overview in the Marketing Materials section below.

Details

Issue Ages

Inherited non-qualified 0-75Non-qualified 0-89Inherited IRA 0-75Qualified 0-89In Texas, contracts can only be issued up to age 86

Tax Qualifications

Non-qualifiedQualifiedInherited non-qualified403(b) (Traditional and Roth)IRA (Traditional, Roth, SEP, SIMPLE and Inherited)457(b)

Purchase Payments

Issued with single purchase paymentSubsequent purchase payments accepted in the first contract year

Purchase Payment Minimums and Maximums

Minimum:

$10,000

Subsequent:

$2,000

Maximum:

$1 million for ages 0-85
$500,000 for ages 86+

Interest Strategies

Declared RateS&P 500 1-Year Point-to-Point with CapiShares U.S. Real Estate 1-Year Point-to-Point with Cap

Early Withdrawal Charges

5-year declining 9%, 8%, 7%, 6%, 5%

Free Withdrawal Allowance

During the first contract year, 10% of purchase payments may be withdrawn without an early withdrawal chargeAfter the first contract year, 10% of the account value as of the most recent contract anniversary may be withdrawn without an early withdrawal charge

Waivers

Terminal Illness WaiverExtended Care Waiver

Guaranteed Minimum Surrender Value

100% of purchase payments, plus interest credited daily at a guaranteed minimum rate, minus the account value multiplied by the applicable early withdrawal charge rate

Payout Options

Fixed period payoutLife payoutLife payout with payments for at least a fixed periodJoint and one-half survivor payout

Marketing Materials

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Great American® appearing with the Great American Logo is a registered trademark of Great American Insurance Company and is used under license.

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