Power 7 Protector – AIG
AIG’s Power 7 Protector is a single premium fixed index annuity (FIA) with a 7 year surrender charge period and MVA provision. The Power 7 Protector provides a fixed interest account and multiple index interest crediting strategies.
- Minimum Premium: $25,000
- Maximum Premium: $1,000,000
- Max Issue Age: 85
- Annual Contract Fee: N/A
- Free Withdrawal Amount: 10% after year 1
Fixed Index Strategies ($100,000+)
1 Year S&P 500 Annual Point-to-Point: 6.25%
1 Year S&P 500 Point-to-Point with Participation: 30%
1 Year PIMCO Global Optima Index Annual Pt-to-Pt w/ Par: 65%
1 Year ML Strategic Balanced Annual Pt-to-Pt Par Rate w/ Spread: 100%
1 Year Russell 2000 Annual Point to Point: 6.00%
1 Year Fixed Account Strategy: 2.25%
*Not Available in NY, PR, VI
Do you have clients looking for a higher return than a fixed annuity (MYGA) or their local bank CD? Time to get their money off the sidelines. Give us a call today! 973-435-3784
To see an annuity illustration, e-mail the following details to sdunn@madisonbrokerage.com:
- Client name:
- DOB:
- Premium:
- State:
- Qualified/NQ:
