Great American Life Insurance Company Annuities
Index Summit 6 (ROP Death Benefit)
The Index Summit 6 is designed to help your clients grow their retirement assets by participating in market growth, limiting downside risk with 50% protection against loss, and allowing assets to grow tax-deferred.
Please see below for current and renewal interest rates.
Clients must receive the Index Summit 6 prospectus prior to sale. For a complete product description, see the Product Overview located under the Marketing Materials tab.
- Inherited non-qualified 0-75
- Non-qualified 0-80
- Qualified 0-80
- Inherited IRA 0-75
- Non-qualified
- Qualified
- Inherited non-qualified
- 403(b) (Traditional and Roth)
- IRA (Traditional, Roth, SEP, SIMPLE and Inherited)
- 457(b)
- Subsequent purchase payments accepted in first two contract months
- Issued with single purchase payment
Minimum:
- $25,000
Subsequent:
- $10,000
Maximum:
- $1 million for ages 0-80
- 6-year declining 8%, 7%, 6%, 5%, 4%, 3%, 0%
- During the first contract year, 10% of purchase payments may be withdrawn without an early withdrawal charge.
- After the first contract year, 10% of the account value as of the most recent contract anniversary may be withdrawn without an early withdrawal charge
- Terminal Illness Waiver
- Extended Care Waiver
- Declared Rate
- iShares U.S. Real Estate -10% Floor Indexed Strategy
- S&P 500 1-year Term with Cap Indexed Strategy
- S&P 500 2-year Term with Cap Indexed Strategy
- S&P 500 1-year Term with Participation Rate Indexed Strategy
- S&P 500 2-year Term with Participation Rate Indexed Strategy
- iShares MSCI EAFE ETF 1-year Term with Participation Rate Indexed Strategy
- iShares MSCI EAFE ETF 2-year Term with Participation Rate Indexed Strategy
- iShares U.S. Real Estate ETF 1-year Term with Participation Rate Indexed Strategy
- Fixed period payout
- Life payout
- Life payout with payments for at least a fixed period
- Joint and one-half survivor payout
- There are no upfront or recurring fees
- Any loss for a term of an indexed strategy is limited by a downside participation rate of 50%. As a result, only 50% of any negative index change at the end of a term is taken into account to determine a loss.
- A cap is the largest positive index change at the end of a term that is taken into account to determine a gain
- An upside participation rate is the percentage of any positive index change at the end of a term that is taken into account to determine a gain
- Equals the greater of the account value or purchase payments, reduced for withdrawals
Complete the form below to access new business paperwork.
Keep in mind, clients must receive a copy of the Index Summit 6 prospectus prior to sale.
Complete the form below to find product-specific marketing materials. Additional materials are located under Marketing and Sales Materials
Keep in mind, marketing materials must be accompanied by the Index Summit 6 prospectus.
Ready to submit business? You can upload paper versions here.
