2.66% 

The guaranteed minimum interest rate is 2.0% applied to the cash surrender value over the term based on 90% of the original contribution, less withdrawals.  The current fixed rate is guaranteed for the first year and reset annual thereafter subject to the 2.0% minimum guaranteed. 

There is a 4.0% Interest Bonus during the first year. 

Non-qualified (0-85) and Qualified (0-85) minimum is $5,000.  Maximum premium allowed without Home Office approval is $1,000,000 for ages up to 75 and $500,000 for ages 76+.   

10 

0 - 85 

The surrender penalties in years 1 through 10 of the contract are expressed as a percent of accumulation value:
10%, 9%, 8%, 7%, 6%, 5%, 4%, 3%, 2%, 1%

For TX:
9%, 8%, 7%, 6%, 5%, 4%, 3%, 2%, 1%

A market value adjustment (MVA) will apply to any withdrawal (in excess of the permitted "free" withdrawals) made during the first 10 years.  (No MVA in PA, OR & WA.)  If interest rates have declined, your withdrawal value could be higher; if interest rates have increased, your withdrawal value could be lower.

The Death Benefit is equal to the annuity value, but not less than the withdrawal value, upon death of the owner of the policy without any withdrawal charges or MVA being assessed. Beneficiary may elect to apply the death benefit amount under an income plan option or as a single sum.

 

Free withdrawal: Each year (including the first one), 10% of annuity value as of the previous contract anniversary can be withdrawn through partial withdrawals or systematic withdrawals without any withdrawal charges or market value adjustment.   The value of the annuity may not fall below $5,000 after any withdrawals taken. By company practice, systematic withdrawal is allowed after 30 days.  The 10% free withdrawal provision is offset by any systematic withdrawals taken since the last anniversary. 

AIG_Rates.pdf 

This is a single premium deferred annuity and additional premiums are not allowed. Annual statements are provided.  There are no fees, spreads or margins assessed.  Commissions are reduced for ages 76-85.  There is a market value adjustment (MVA) for withdrawals in excess of the free amounts.  There is an extended care rider (medical confinement) for the annuitant. 

Commissions paid on this annuity are based on the owner only. 

Commission
Age	NQ/Q  Commissions        
First Year Premium
0-75	NQ/Q 	7.5%		
76-80	NQ/Q	5.0%		
81-85	NQ/Q	3.0%

PA, OR, TX & WA:
0-75	NQ/Q 	7.00%		
76-80	NQ/Q	4.50%		
81-85	NQ/Q	2.70%
		
Commission amount is based on the age of owner at the time the premium is received.  

Chargeback Policy:
100% chargeback during the first 12 months will be applied to any full or partial withdrawals, excluding any penalty free amounts.  No chargeback on death. 

Alaska
Minnesota
New Jersey
New York
Puerto Rico
Utah