Product Details
EstateShield 9 CA
Company social profile:
Product Name
EstateShield 9 CA
Annuity Type
FIA
Issuing Insurance Company and Ratings
American Equity Investment Life Insurance Company
Ratings
Product Information
The EstateShield 9 CA is a Modified Single Premium Deferred Index Annuity with a 9 year surrender charge schedule with a Market Value Adjustment. Offers a fixed interest account and multiple indexed strategies. Includes EstateShield Enhanced Death Benefit rider (optional) and EstateShield LIBR with Enhanced Death Benefit (required, no fee).
Key Features
Premium Types: 1st Year or Less
Minimum Premium: $5,000
Maximum Premium: $1,500,000 (age-banded)
Free Look Period: 30 Days
Rate Lock Period: N/A
Rates
Effective Date: 25/10/2022
Initial Guarantee Period: 9 years
Next Change: N/A — not specified
Premium Amount: $100,000 - See Notes (High-Band)
3 Year Guarantee Period Annual Yield:
Interest rate start of year 1 through end of year 3:
Current
4.05%
4.05%
Premium Amount: $5,000 - $1,500,000 (age-banded)
Current
9 Year Guarantee Period Annual Yield:
2.00%%
Interest rate start of year 1 through end of year 9:
2.00%%
Accumulation Value (assuming no withdrawals)
Accumulation Value (assuming no withdrawals)
Deposit Amount: $
Premium Amount: $100,000 - See Notes (Low-Band)
Interest rate start of year 1 through end of year 3:
Current
4.05%
4.05%
Accumulation Value (assuming no withdrawals)
Deposit Amount: $
State Approvals
Only available in CA
Withdrawal Provisions
First Year Withdrawals: No
Withdrawal Years 2+: 10%
Wait Period Interest Only : 30 Days
Withdraw from the accumulation Value After : One Year
Minimum Policy Value : $2,000
Withdrawl Calculated On: Accumulation
Date For Calculation: Issue
Systematic Withdrawl: Yes
Min Withdrawl Amount: $100
Cumulative Free Withdrawl: No
Eligibility & Restrictions
Age Limits(Owner and Annuitant): 75 years old
State Restrictions: Only available in CA
