American Equity – Choice Series Product and Application Changes

Choice Series Product and Application Changes American Equity is pleased to announce the following changes for the Choice Series effective January 14.

1. The maximum issue age is increasing from 80 to 85 on the Choice 6 and Choice 8 products. The maximum issue age remains 80 for the Choice 10.
2. Commission Options B and C (trail commissions) have been added to the Choice Series. Additionally, Commission Option U (upfront commission) is the only option available for additional premium on the Choice Series. Please refer to your Commission Schedule for additional details.

PLEASE NOTE: The Optional Lifetime Income Benefit Rider offered with the Choice Series will not be available for issue ages 81-85. Effective immediately, updated disclosures (dated 01.01.16) are required. Previous versions will no longer be accepted after February 14, 2016. American Equity’s Annuity Application has also been updated to reflect the additional commission options on the Choice Series as well as other modifications that add to the ease of doing business with American Equity.

Application Form Number	For Use In:
ICC15 A-2001.1 dated 11.19.15	AK, AL, AR, AZ, CO, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, NE, NH, NJ, NM, NV, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, VT, WA, WI, WV, WY
15 A-2001.1 dated 11.19.15	CA, DC, DE, FL, ND, SD
CT15 A-2001.1 dated 11.19.15	CT only

Please begin using updated applications immediately. Previous versions will no longer be accepted after February 14, 2016.

EquiTrust – Optional Rider on Certainty Select Discontinued

Optional Rider on Certainty Select Discontinued Currently, Certainty Select (MYGA) features two versions: the Base Contract and Optional Rider. Effective 2/1/16, the Optional rider will no longer be available. Transition Rules * To get the Optional Rider, original applications must be received in the EquiTrust home office by Friday, 1/29/16. * Pending sales of Optional Rider received before 2/1/16 will be issued. * The new Disclosure Statement (dated 02/16) is required for all Certainty Select applications received on or after 2/1/16. Revised Sales Materials and Forms Certainty Select sales materials and Disclosure Statements reflecting the Base-Contract version only will be available on the Agents.EquiTrust.com website on 1/29.