Notable Features
No surrender charges and spousal continuance options at passing. Extended Care, Terminal Illness and Annuitization waivers offered at no extra charge.
Additional Details
Product Type
MYGA (Multi-Year Guaranteed Annuity)
Term
5 Years
Free Withdrawals Yr1 / Yr2+
0% / 15%
Surrender Schedule
8%, 8%, 8%, 7%, 6%, 0%
Maximum Age
85
Minimum Investment
$100,000
Maximum Investment
$2,000,000 without prior approval
Offered from a strong A rated company. After one year, 15% withdrawals of account balance are allowed. Several qualified and corporate ownership options.
Corebridge Life (formerly AIG) offers several popular fixed and fixed-indexed annuities. Their income annuities – offered through American General – have some of the highest lifetime income payments on the market.
Corebridge Life
AM Best Rating: A Excellent (3rd of 13 ratings)
https://www.corebridgefinancial.com/what-we-offer/annuities
About Corebridge Life
Formerly AIG, Corebridge Life is a large, well-diversified insurance company providing life and annuity solutions for individuals, families, and businesses. They are the number 2 ranked insurance company in total annuity sales.
With nearly $13 billion in reserves alone and an A rating from AM Best, consumers can rest assured they’ve placed their funds with a stable and well-capitalized insurance company.