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AIG is introducing the only FIA with a living benefit in New York

AIG has announced the launch of Power Index Premier NY with the Lifetime Income Builder optional guaranteed living benefit rider:

  • 5.15% LIFETIME WITHDRAWALS at 65 (single life) with guaranteed increases of 0.15% each year that income is deferred for up to 15 years.
  • 1% GUARANTEED GROWTH in any market. Clients will receive lifetime income based on the greater of contract value or a Minimum Accumulation Value that increases at 1% per year.
  • 3 LEADING EQUITY INDICES to help clients grow their assets and lifetime income: S&P 500®, Russell 2000®, MSCI EAFE.

View AIG’s Flyer