The Options and Flexibility You Deserve
You may withdraw up to 10% each year without a penalty.*
We provide free withdrawals for customers meeting their IRS-mandated Required Minimum Distribution (RMD)* and a Guaranteed Death Benefit that allows a full account withdrawal without surrender charges in the event of a policyholder’s death. American Classic offers innovative features like a Loyalty Bonus that rewards you for helping keep our costs low by not using liquidity during the guarantee period.
* Not available until beginning of second contract year. Withdrawals of interest prior to age 59 ½ may be subject to a 10% Federal income tax penalty. Withdrawals in excess of the 10% free withdrawal may be subject to contract surrender charges (see contract for details).
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American Classic
American Life & Security Corp.
American Life & Security Corp.
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