Whatever your plans - funding a college education, protecting your loved ones,
or anticipating retirement - GAFRI subsidiaries offer fixed annuities, variable annuities, and fixed-indexed annuities that can help
put you on course for a rewarding future.
An annuity is a contract between you and your life insurance company.
How exactly does an annuity work? You contribute money into an annuity and, in
exchange, the company agrees to make a future income stream available to you. Please note annuity contracts may contain charges and investment penalties that could impact your principal.
The key benefits of annuities are access to an income that depending on the settlement option you select, you potentially cannot outlive and
potential relief for your family from probate after you are gone. In addition,
contributing to an annuity can provide safety for your principal as well as
tax-deferred growth of funds.
A fixed annuity gives you the stability of a fixed interest rate that is
determined by the Company and is guaranteed never to be below a minimum
interest rate. It is a vehicle that can guarantee a stream of fixed
payments over the life of the annuity. A fixed annuity can be a deferred
annuity, for which there is time elapsed between the Purchase Payment and the
stream of payments, or an immediate annuity, which gives you access to a stream
of income immediately after you purchase it. Also, a fixed annuity can be
flexible premium or single premium. Flexible premium annuities allow for
multiple purchase payments, while a single premium annuity requires one
lump-sum Purchase Payment.
A variable annuity is a deferred annuity that allows you to participate in the
investment of annuity funds by determining how much of the Purchase Payment
will be invested in a series of accounts. These accounts can range from general
accounts to a series of subaccounts tied to various financial markets. Variable
annuities can allow for flexible premiums and single premiums.
Visit our Variable Annuity Performance Center
to review the performance of Annuity Investors Life Insurance Company's variable annuity investment options.
Note to Current Variable Annuity Contract Owners: Visit
Variable Annuity Compliance Documents to access prospectuses,
prospectus supplements, and annual/semiannual reports for the variable annuity
products, offered by Annuity Investors Life Insurance Company®.
A fixed-indexed annuity is a variation of a traditional fixed annuity and gives
you the opportunity to earn interest at an interest rate that is determined
according to a formula based, in part, on the change of a referenced index. The
advantage of a fixed-indexed annuity is that you won't lose your money,
regardless of index performance, unless the contract is surrendered during the
early withdrawal period. Plus, your indexed interest locks in each year.
Fixed-indexed annuities can also be flexible or single premium.
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