Long-Term Care Annuity is a traditional fixed annuity with a Long-Term Care Rider.

Qualified owners use a portion of their annuity Account Value to pay monthly Long-Term Care Rider premium. If the owner needs long-term care, the annuity’s Account Value helps provide long-term care benefits up to a daily maximum. After the client’s Account Value is depleted, Great American Life will continue to pay additional benefits up to an amount that matches or doubles the Account Value on the first day of the benefit period. On the application, the client chooses the option used to determine the maximum daily benefit. There are four benefit options available for your client’s needs. The Life Long-Term Care Annuity is an innovative product that can help your clients cover long-term care costs, protect their assets and provide a safety net for future healthcare needs. New Product - Limited issue. Call or email for brochures!

Did you know you can use the free withdrawal provision within a fixed annuity contract to maximize your clients yield on existing qualified and sometimes non qualified annuities. Clients who are getting below market rates but are still in surrender period may be able to move 10% (or whatever the free withdrawal percentage is) to a higher yielding product through the free withdrawal provision. Let us show you how! Works best with accounts of $50,000 or more.

Immediate Annuities - (SPIA $100,000 Deposit)