CUSIP Number:
04685P116
CUSIP Name:
7 Year Annuity
Product Policy Type:
Indexed Annuity
Inception Date:
Close Date:
CUSIP Note:
Scrap Book:
The Athene Protector 7 is a single premium deferred annuity. The minimum single premium is $5,000 for qualified and non-qualified money. 10% of the accumulated value is available in the first contract year without a withdrawal charge. Surrender charges are seven years in duration and are waived in the event of death, confinement, or diagnosis of a terminal illness. There is a bailout feature available should the declared 1-Year PTP strategy annual cap rate fall below the bailout cap rate. There is a Return of Premium feature available for an extra charge. Withdrawals and taxable distributions may be subject to ordinary income tax and if made prior to age 59 1/2, may also be subject to a 10% federal income tax penalty. Guarantees based on the claims-paying ability of the insurer. Products / features may not be available in all states. This is an annuity contract issued by an insurance company and not a bank product protected by the FDIC.
Last Modified:
14 Oct 2025 11:21