American Equity – New Option Available on the Choice Series

NEW Option Available on the Choice Series

American Equity is excited to announce a new option now available on the Choice Series.

5% Penalty-Free Withdrawal with Market Value Adjustment (MVA) Rider
Effective immediately, a 5% annual Penalty-Free Withdrawal with MVA Rider option is available on the Choice 6, Choice 8 and Choice 10 products. Interest rates may be higher for contracts with the MVA Rider selected.

Please note: The 10% Penalty-Free Withdrawal with no MVA option is still available. An election must be made at time of issue for MVA or Non-MVA option.

New Choice Series disclosures (#1155-D-6, #1155-D-8 and #1155-D-10 dated 3.9.17) will be required effective immediately. Current versions will no longer be accepted after April 7, 2017. To utilize the new MVA Rider, the updated disclosures must be used.

Sales brochures and disclosures are no longer printed together. You can access both at our Forms site and by clicking the link below.

Posted in Bulletins.