Great American Life Insurance Company Annuities
AssuranceSelect 7
Offer your clients competitive growth opportunity with AssuranceSelect 7. This fixed-indexed annuity offers multiple indexed strategies, accepts additional purchase payments during the first 10 contract years, and features early withdrawal charges that end after seven years. For a complete product description, see the Product Overview located under the Marketing Materials tab.
- Qualified 0-85
- Non-qualified 0-85
- Inherited IRA 0-75
- Inherited non-qualified 0-75
- Non-qualified
- Qualified
- Inherited non-qualified
- 403(b) (Traditional and Roth)
- IRA (Traditional, Roth, SEP, SIMPLE and Inherited)
- 457(b)
- Issued with single purchase payment
- Subsequent purchase payments accepted in the first 10 contract years
- *MA, NJ & OR – Additional purchase payments only accepted for the first contract year
Minimum:
- $10,000
Subsequent:
- $2,000
Maximum:
- $1 million for ages 0-85
- Declared Rate
- S&P 500 1-Year Point-to-Point with Cap
- S&P 500 1-Year Monthly Averaging with Cap
- SPDR Gold Shares 1-Year Point-to-Point with Cap
- S&P 500 Risk Control 1-Year Point-to-Point with Par Rate
- 7-year declining 9%, 8%, 7%, 6%, 5%, 4%, 3%
- During the first contract year, 10% of purchase payments may be withdrawn without an early withdrawal charge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as of the most recent contract anniversary plus all purchase payments received since that contract anniversary may be withdrawn without an early withdrawal charge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
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
- Fixed period payout
- Life payout
- Life payout with payments for at least a fixed period
- Joint and one-half survivor payout
Optional riders include:
IncomeDuo Select - temporarily suspended
Inheritance Enhancer - temporarily suspended
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
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