American Forerunner Series
Status:
Terminated
Group:
Brighthouse Financial
Company:
New England Life Insurance Company
Product Type:
Variable Annuity
Product Status:
Approved
Version:
0
Inception Date:
May 15, 2001
Closed Date:
February 28, 2009
Last Modified:
June 26, 2025 11:16
Description:
Owner cannot make purchase payments during - 1) 7 years immediately preceding maturity date for standard class, 9 years for B Plus class and P class, 3 years for L class; or 2) after owner or annuitant (if owner is a non-natural entity) reaches age 91. Joint owners may not make purchase payment after older owner reaches age 86. Each allocation must be at least $500. Owner may allocate contract value to 18 selected fixed account and sub-accounts. Owner may exchange contract for another Metlife contract under section 1035.
Fee Based:
No
Free Look:
Yes
Plan Types:
IRA, SEP IRA, 401 (a), Non-Qualified, 403 (b), Roth IRA
Premium Types:
Flexible
States Available:
AL, AK, AS, AZ, AR, CA, CO, CT, DE, DC, FL, GA, GU, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VT, VI, VA, WA, WV, WI, WY
States Exception:
Version Note:
Scrap Book:
Closed as per the mail dated : 29-Aug-12 subjected : FW: American Forerunner Series.Company group changed by email of GARY "Product Request from CapitalROCK"
Death benefits
| Name | Internal name | Sequence | Inception date |
|---|---|---|---|
| Annual Step-Up Death Benefit | Annual Step-Up Death Benefit | 1 | 15 May 2001 |
| Standard Death Benefit | Standard Death Benefit | 1 | 15 May 2001 |
| Enhanced Death Benefit | Enhanced Death Benefit | 2 | 15 May 2001 |
| Greater of Annual Step-Up or 5% Annual Increase Death Benefit | Greater of Annual Step-Up or 5% Annual Increase Death Benefit | 2 | 15 May 2001 |
| Earnings Preservation Benefit | Earnings Preservation Benefit | 3 | 15 May 2001 |
| Lifetime Withdrawal Guarantee II Benefit - Death Benefit | Lifetime Withdrawal Guarantee II Benefit - Death Benefit | 4 | 09 Jun 2006 |
| Lifetime Withdrawal Guarantee I Benefit - Death Benefit | Lifetime Withdrawal Guarantee I Benefit - Death Benefit | 5 | 09 Jun 2006 |
Riders
| Name | Rider type | Internal name | Sequence | Inception date |
|---|---|---|---|---|
| Enhanced Guaranteed Withdrawal Benefit | GLWB | Enhanced Guaranteed Withdrawal Benefit | ||
| GMIB I | GMIB | GMIB I | ||
| GMIB II | GMIB | GMIB II | ||
| GMIB Plus I | GMIB | GMIB Plus I | ||
| GMIB Plus II | GMIB | GMIB Plus II | ||
| Guaranteed Minimum Accumulation Benefit | GMAB | Guaranteed Minimum Accumulation Benefit | 01 May 2006 | |
| Guaranteed Withdrawal Benefit I | GLWB | Guaranteed Withdrawal Benefit I | 02 Aug 2004 | |
| Lifetime Withdrawal Guarantee I Benefit | GLWB | Lifetime Withdrawal Guarantee I Benefit | 09 Jun 2006 | |
| Lifetime Withdrawal Guarantee II Benefit | GLWB | Lifetime Withdrawal Guarantee II Benefit | 09 Jun 2006 |