Additional features for added peace of mind. Bailout Feature
Terminal Illness Waiver Withdraw up to 100% of the annuity’s
If Athene lowers the declared 1-Year Point-to- Point Index Strategy Annual Cap Rate below the Bailout Cap Rate, you’ll have full access to your annuity’s Accumulated Value — free of any charges — for up to 30 days after the Contract Anniversary in which the Bailout Cap Rate was pierced. After the 30-day Bailout Window, all Withdrawal Charges and MVA will apply. Minimum Guaranteed Contract Value Ensures you will receive a minimum interest
Accumulated Value if you are diagnosed with a terminal illness that is expected to result in death within one year and meet eligibility requirements. No Withdrawal Charge or MVA apply if you qualify for this benefit. This waiver is available after your first Contract Anniversary and the initial diagnosis of terminal illness must be made at least one year
after the Contract Date. 14 Contract Surrender
crediting rate on a percentage of your premium, adjusted for withdrawals. Confinement Waiver
If you decide to surrender your Contract, Athene will pay you the Contract’s Cash Surrender Value. The Cash Surrender Value is equal to the greater of the following values as defined in your contract: • The Accumulated Value less any applicable Withdrawal Charges and adjusted for any MVA • The Minimum Guaranteed Contract Value
You can withdraw up to 100% of your annuity’s value if you are confined to a Qualified Care Facility. This benefit is available if you are confined for at least 60 consecutive days any time after the first contract year and meet eligibility requirements. No Withdrawal Charge or MVA apply if you qualify for this benefit. To receive the Confinement Waiver, you cannot be confined at the time your contract is issued and confinement must begin at least one year after the Contract Date. 14
14 Not available in all states. Additional limitations, variations and exclusions may apply. Please see the Certificate of Disclosure for more information on these features. Confinement Waiver is not available in MA. This benefit is NOT long-term care insurance nor is it a substitute for such coverage. 15 Withdrawals and surrender may be subject to federal and state income tax and, except under certain circumstances, will be subject to an IRS penalty if taken prior to age 59½. Withdrawals are not credited with index interest in the year they are taken. Withdrawals in excess of the free amount are subject to a Withdrawal Charge or MVA which may result in the loss of principal if taken during the first 10 years of the contract. Withdrawals are based upon the Accumulated Value of the last Contract Anniversary. 16 For more information, please see Certificate of Disclosure or Form 17653, Understanding the MVA.
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