Platinum Assure 5 Product Features
“A” Rated Carrier –Financial Stability
10% Penalty Free Yearly Withdrawals
45 Day Rate Lock
Nursing Home Waiver
Tax Deferral
How does a Guaranteed Annuity Compare to a
APY
3.25%
Guaranteed 5yr.
0.60% **
Subject to change
TAX DEFERRAL
FREE WITHDRAWALS
10% of account value annually
Limited number per month
WITHDRAWALS & SURRENDER CHARGES
Owner can whithdraw 100% of value subject to surrender charges during the first 5 years
PROTECTION OF PRINCIPAL
Backed by Americo Financial Life and Annuity Insurance Company
FDIC insured
* Certificate of Deposit (CD) Rate 1.15% as of September 2021 via Bankrate.com
** High Yield Savings Account Rate 0.60% as of September 2021 via Bankrate.com
† Money Market Account Rate 0.50% as of September 2021 via Bankrate.com
Rate current as of 03/29/2022. Rates are subject to frequent change, please check www.americo.com for current rates.
A.M. Best rating for Americo Financial Life and Annuity Insurance Company (Americo), September 2020. Americo Financial Life and Annuity Insurance Company has a financial strength rating of A (Excellent, 3rd out of 15 rating categories.) A.M. Best’s rating is assigned after a comprehensive quantitative and qualitative evaluation of a company’s balance sheet strength, operating performance, and business profile. A.M. Best uses a scale of 15 ratings, ranging from “A++” to “F.”
Platinum Assure 5 (Policy Series 271) and Waiver of Surrender Charge Upon Nursing Home or Hospital Confinement Endorsement (Endorsement 4139) are underwritten by Americo Financial Life and Annuity Insurance Company (Americo), Kansas City, MO, and may vary in accordance with state laws. Product and rider may not be available in all states. Certain restrictions apply. Consult contract for limitations and exclusions.
Account value is based on the payment of the Single Premium shown on the Contract Data page; no Partial Surrenders are made, a Market Value Adjustment equal to zero, no Premium Taxes paid, nor any excess interest declared.
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