Great American: American Legend III Annuity Review

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The Great American American Legend III is a 7-Year Fixed Indexed annuity designed for growth. You can allocate your money, once a year on the policy anniversary, between a guaranteed interest rate account and a benchmark stock index account.

American Legend III Annuity Highlights:

American Legend III Annuity Interest Rates
Index Strategy Cap Rates Participation Rates
S&P 500 1 Year Mo. Sum w/ Cap 2.25% N/A
1 Year Point-to-Point w/ Cap 5.15% N/A
S&P 500 Risk Control 1 Year Point-to-Point w/ Cap N/A 60%
iShares U.S. Real Estate 1 Year Point-to-Point w/ Cap 5.75% N/A
GLD 1 Year Point-to-Point w/ Cap 5.25% N/A
S&P U.S. Retiree Spending 1 Year Point-to-Point w/ Cap N/A 65%
Declared Rate: 2.00%

Frequently Asked Questions About the American Legend III Annuity:

Q: What is the minimum premium I need to pay?

Q: Am I paid a bonus on my initial premium at sign-up?
A:No. There is no premium bonus.

Q: Can I pay additional premium later on?

Q: Are there any age restrictions?
A:Yes. You can purchase this annuity up to age 85. In some states the age requirements may differ.

Q:In which states is the American Legend III annuity available?
A:The American Legend III annuity is not available in all states. Call 800-872-6684 to find out if it's available in your state.

Q: Does this annuity have an income rider (for withdrawing income)?
A:Yes. An income rider can be included with your contract for an additional fee.
Click here for the IncomeSecure rider brochure.
Click here for the IncomeSustainer Plus rider brochure.

Q: For how long are surrender charges in effect?
A:7 Years

Q:Does the American Legend III annuity permit any withdrawals without penalties?
A:Yes, each year you may withdraw 10% of your account value penalty-free.

Q:What benchmark indices do the American Legend III offer?
A:S&P 500

Q: What are the index account options?
A:Monthly Sum and Annual Point-to-Point

Q: What is the Method for Crediting Interest or Gains?
A: Cap rates.

To review the American Legend III annuity with an agent or to receive a free personalized illustration call 800-872-6684 or fill in the "Get My Free Quote" form in the upper right section of this page. You can also post your questions in the "Add a comment..." section below.

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