EstateShield 9 (CA Only)
The American Equity Investment Life Insurance Company, founded in 1995, has been a leader in the annuity and retirement market for nearly three decades now. With a focus on empowering its clients to fulfill their retirement needs, the company is known to offer high-quality fixed indexed annuities, which balance protection and growth while guaranteeing a regular income stream. American Equity holds trustworthiness in high regard, striving to supply financial solutions well suited to their customers’ unique circumstances. Serving the domestic US market, their product distribution goes through independent advisors, banks, and broker-dealers.
EstateShield 9 (CA Only)
Ratings:
- A.M. Best A-
- Fitch A-
- S&P A
- Comdex 58
About Product
Allocation Accounts
| Name | Type | Rates |
|---|---|---|
| 1-Year Fixed Account |
Fixed
|
2%
Fixed
|
| 2-Year BofA Destinations PTP Participation Rate |
Point to Point
Biennial
|
160%
Participation
|
| 2-Year UBS Tech Edge PTP Participation Rate |
Point to Point
Biennial
|
160%
Participation
|
| 1-Year BofA Destinations PTP Participation Rate |
Point to Point
Annual
|
110%
Participation
|
| 2-Year SG Global Sentiment PTP Participation Rate |
Point to Point
Biennial
|
160%
Participation
|
| 1-Year UBS Tech Edge PTP Participation Rate |
Point to Point
Annual
|
110%
Participation
|
| 2-Year S&P 500 Dividend Aristocrats ER PTP Participation Rate |
Point to Point
Biennial
|
160%
Participation
|
| 1-Year SG Global Sentiment PTP Participation Rate |
Point to Point
Annual
|
110%
Participation
|
| 2-Year S&P 500 PTP Cap |
Point to Point
Biennial
|
8.75%
Cap
|
| 1-Year S&P 500 Dividend Aristocrats ER PTP Participation Rate |
Point to Point
Annual
|
110%
Participation
|
| 1-Year S&P 500 PTP Monthly Sum Cap |
Point to Point
Annual
Monthly sum
|
1.7%
Cap
|
| 1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
4.25%
Cap
|
| 1-Year BlackRock Adaptive U.S. Equity 5% PTP Participation Rate |
Point to Point
Annual
|
110%
Participation
|
| 2-Year BlackRock Adaptive U.S. Equity 5% PTP Participation Rate |
Point to Point
Biennial
|
160%
Participation
|
Surrender schedule
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 |
|---|---|---|---|---|---|---|---|---|---|
| Penalty | 8% | 8% | 7% | 6% | 5% | 4% | 3% | 2% | 1% |
Riders
| Name | Inbuilt | Fee |
|---|---|---|
| No-Fee Lifetime Income Benefit Rider: Indexing Income (CA) | Yes |
Waivers
Death
No Surrender Charges at death
Premium Notes
$5,000
Maximum Premium:
40-69: $1,500,000
70-75: $1,000,000
Contract owners must choose how to allocate the initial premium. Additional premium payments can be made during the first contract year subject to our approval. Additional premiums are automatically allocated to the Fixed Interest Strategy and may be subject to different rates. The contract values may be reallocated between strategies on the contract anniversary, subject to a minimum allocation value of $1,000 each.
Withdrawal Provisions
- Withdrawals can be made from the annuity contract any time before the maturity date of the contract. Free withdrawals of up to 10% of the total premiums paid are allowed each contract year, beginning in year two.
- Withdrawal charges will apply to withdrawals taken in excess of the free withdrawal amount. Any withdrawal from the contract will result in a reduction of the contract values.
- Systematic Withdrawal of interest only from the Fixed Value, available after 30 days.
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