The table on page 8 is intended solely for illustrative purposes and is not an indication of the indexed interest crediting strategies future performance. Past performance of the index is no guarantee of future results. The S&P 500 ® Index does not reflect dividends paid on the stocks underlying the index. These charts assume a 2.15% cap for the monthly sum strategy, a 5.40% cap for the point-to-point strategy with 100% participation and a 25% participation for the uncapped strategy for the entire 20-year period. An interest rate of 1.90% is assumed for the declared rate strategy and 3.40% for the specified rate strategy for the 20-year period. Interest rates, rate caps and participation amounts are likely to vary from year to year. The use of alternative assumptions would produce significantly different results. The S&P MARC 5% (Multi-Asset Risk Control) Index, also referenced on page 10, seeks to provide multi-asset diversification within a simple risk weighting framework, tracking three underlying component indices that represent three asset classes: equities, commodities, and fixed income. The index launch date is Mar 27, 2017. All information for an index prior to its Launch Date is hypothetical back-tested, not actual performance, based on the index methodology in effect on the Launch Date. Back-tested performance reflects application of an index methodology and selection of index constituents with the benefit of hindsight and knowledge of factors that may have positively affected its performance, cannot account for all financial risk that may affect results and may be considered to reflect survivor/look ahead bias. Actual returns may differ significantly from, and be lower than, back-tested returns. Past performance is not an indication or guarantee of future results. 1) All hypothetical examples are provided for illustrative purposes only. 2) However, the accumulation value may decrease due to monthly deductions and other policy costs. 3) At the end of the segment term, the segment earnings are calculated. When considering the various participation rates, you should choose a strategy based on how you believe the index may perform over the one-year segment term. At any given contract anniversary some of the strategies may not be available due to economic conditions. 4) The S&P 500 ® or Standard & Poor’s 500 index is a market-capitalization-weighted index of the 500 largest U.S. publicly traded companies. 5) The declared rate strategy and sweep account credits fixed interest daily. The indexed strategies credit interest based on the performance of the declared index, and their formula used to determine indexed earnings. 6) Lifetime Income Rider availability varies by state. See your agent for availability and current rate and period. Your Income Base will earn interest set by the contract number of years or until you elect to begin income, whichever comes first. 7) This hypothetical example is intended solely for illustrative purposes and is not an indication of the indexed interest crediting strategies future performance. Past performance of the index is no guarantee of future results. There is not one specific interest crediting strategy that will deliver the most interest under all economic conditions. Other assumptions could produce significantly different results. 8) Withdrawals prior to age 59½ may be subject to a 10% tax penalty and are subject to ordinary income tax. 9) The MVA may be positive or negative, and does not apply to partial withdrawals equal to or less than the surrender charge free withdrawal privilege, required minimum distributions, or to payments received under the confinement, terminal illness or disability waivers. The MVA is not applicable in all states. 10) Waivers are not available in all states. Conditions and restrictions on the waivers may vary by state. Please see your contract for specific details. The S&P MARC 5% Index and the S&P 500 ® Index are products of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”) and have been licensed for use by American National Insurance Company. S&P ® , S&P 500 ® , US 500, The 500, iBoxx ® , iTraxx ® and CDX ® are trademarks of S&P Global, Inc. or its affiliates (“S&P”); Dow Jones ® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”) and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by American National Insurance Company. American National Insurance Company’s products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P MARC 5% Index and the S&P 500 ® Index. Nasdaq ® and the Nasdaq-100 Index ® are registered trademarks of Nasdaq, Inc. (which with its affiliates is referred to as the “Corporations”) and are licensed for use by American National Insurance Company. The Product(s) have not been passed on by the Corporations as to their legality or suitability. The Product(s) are not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S). Guarantees are based on the claims paying ability of American National Insurance Company. Form Series FPIA19; LIR19 (Forms may vary by state, Idaho forms ICC19 Form FPIA19 and ICC19 Form LIR19). American National Insurance Company, Galveston, Texas. Not available in New York.
AMERICAN NATIONAL INSURANCE COMPANY
11171 / 02.24
Made with FlippingBook - Share PDF online