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This is the MYGA Index alternative - NO MOVING PARTS!

A VERY simple index annuity:  The ANICO EIA.

  1. If the S&P 500 goes up, or remains the same, the specified interest rate is applied to the annuity value.
  2. If the S&P 500 goes down, the annuity value remains the same.

No caps, no spreads, no averaging, no rate changes, no high water marks, no fees, no margins!

  • $10,000 minimum single premium
  • 6 year policy term
  • Surrender schedule:  8%, 8%, 7%, 6%, 4%, 2%, 0%
  • 10% free withdrawals after 1st year
  • Confinement and Disability waivers

One Simple Alternative from American National Insurance Company!

Policy form: REIA-Q, PQ, GREIA-NQC, PQC

 
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