EE
● Terminated
Enhanced Equity Assurance Plan
American General Life Insurance Company
DTCC ID
—
COMPANY
American General Life Insurance Company
TYPE
Variable Annuity
INCEPTION
Jul 04, 1998
Identity
Benefit name
Enhanced Equity Assurance Plan
Internal benefit name
Enhanced Equity Assurance Plan
Product policy type
Variable Annuity
Status
● Terminated
Sequence
6
Inception date
Jul 04, 1998
Closed date
Oct 08, 1998
DTCC Rider ID
—
Last modified
Oct 02, 2024
Life & Age
Based on life
Owner (or Annuitant if owner is a natural entity)
Single life
No
Joint life
No
Min age
—
Max age
—
Rider select rule
Optional
Waiting period
—
Waiting term
—
Benefit Base
Maximum benefit base
—
Maximum benefit base %
—
With reduce benefit base
—
Subsequent premium
—
Partial withdrawals
—
Required min distributions
—
Coverage Flags
Exclude premium bonus
No
Spousal continuation option
No
State Availability
Exception flag
No
Available in states
—
Benefit Description
The death benefit is the greater of:(1) The Contract Value (2)Seventh Anniversary Value (3) An amount equal to (a) plus (b)- (a) Total premiums paid up to the first Contract Anniversary following 85th birthday, adjusted for surrenders, and accumulated with compound interest based on the time elapsed:0% (0-24 months) 2% (25-48 months) 4% (49-72 months) 6% (73-96 months) 8% (97-120 months) 10% (more than 120 months, max 10 years) b)All premiums paid after the first Contract Anniversary following the insured’s 85th birthday.
Lifecycle Events
Available when added
No longer available for new purchases.