Beacon Data Entry
Variable Annuity Products

American Eagle (Non-Qualified)

Status: Active
Group:
Product Type: Fixed Annuity
Product Status: Draft
Version: 0
Inception Date: January 01, 1998
Closed Date: June 30, 2007
Last Modified:
Description: The American Eagle (Non-Qualified) is a single premium deferred annuity. The minimum initial contribution is $5,000. Withdrawals are on an interest only basis and are allowed up to 10% of the policy accumulation value. Systematic withdrawals are an option. Surrender charges are eight years in length and are waived only in the event of death, admittance into a hospital, or entrance in to a nursing home.
Fee Based: No
Free Look: Yes
Plan Types: Non-Qualified
Premium Types: Single
States Available: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, KS, KY, IN, LA, MA, MD, ME, MI, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, OH, OK, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
States Exception: BERMUDA, GU, MN, NY, OR, PR, VI
Version Note:
Scrap Book: