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November 28, 2022
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Last Chance To Sell LibertyMark®, LibertyMark SE, and FutureMark® Series FIAs
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LibertyMark, LibertyMark SE, and FutureMark Series fixed indexed annuities from Americo
Financial Life and Annuity Insurance Company will close to new sales at the end of the year.
Product variations to be discontinued are:
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| LibertyMark Series: |
| • | LibertyMark 10 |
| • | LibertyMark 10 LT |
| • | LibertyMark 10 Plus |
| • | LibertyMark 10 LT Plus |
| • | LibertyMark 7 |
| • | LibertyMark 7 Plus |
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| LibertyMark SE Series: |
| • | LibertyMark SE 10 |
| • | LibertyMark SE 10 LT |
| • | LibertyMark SE 10 Plus |
| • | LibertyMark SE 10 LT Plus |
| • | LibertyMark SE 7 |
| • | LibertyMark SE 7 Plus |
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| FutureMark Series: |
| • | FutureMark 10 |
| • | FutureMark 10 LT |
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All pending contracts must be issued on or before December 28, 2022.
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To continue meeting clients’ accumulation-focused needs, check out LibertyMark® Freedom Series FIAs, the next generation of LibertyMark products! With options to buy up caps and participation rates now or later, clients have freedom to choose their earnings potential.
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For those who want a simple, no-fee product, ClassicMark® FIAs are easy to explain and sell—with no mandatory charges, 10% penalty-free withdrawals after just 30 days,* and the ability to issue through age 90.
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| Important Deadlines |
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To sell LibertyMark, LibertyMark SE, or FutureMark contracts, the following items must be received
by Americo’s administrative office by 5 p.m., CST, on or before the date shown below. Please be
aware that pending premium received after the deadline will be returned, and the contract cannot be
issued.
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What must be received?
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By when?
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1035 Exchange and transfer paperwork in
good order
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On or before December 2, 2022 |
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Cash with applications in good order
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On or before December 22, 2022 |
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Transfer and replacement premium, including
pending premium and/or any outstanding
requirements on any pending applications
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On or before December 27, 2022
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Submit applications via:
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FireLight® e-app platform (preferred method): Access through the LegacyNet® Point-of-Sale Materials page.
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Regular mail: Americo, P.O. Box 410288, Kansas City, MO
64141-0288.
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Overnight delivery: Americo, 300 W. 11th Street, Kansas City,
MO 64105-1618.
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Fax: 800-395-9261.
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E-mail: submit@americo.com.
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If you would like us to review an application prior to submitting it to Americo,
contact Legacy’s Customer Service and Suitability Help Desk at 800-395-1053, Ext.
5819.
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For sales ideas or more information, call the Legacy Marketing Group® Sales Team
at 800-395-1053, Ext. 4002. |
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We appreciate your business!
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ClassicMark 10 Contract Series 411, 4190, 4204; ClassicMark 10 Plus Contract Series 411, 4179, 4190, 4204; ClassicMark 10 LT Contract Forms
ICC20 411 LG10, ICC19 4204; ClassicMark 10 LT Plus Contract Forms ICC20 411 LG10+, ICC19 4204. FutureMark 10, 10 LT (Contract Series
416/4416). LibertyMark 7, 10, 10 LT, SE 7, SE 10, SE 10 LT (Contract Series 411/4190/4196/4205); LibertyMark 7 Plus, SE 7 Plus (Contract Series
411/4190/4191/4196/4205); LibertyMark 10 Plus, 10 LT Plus, SE 10 Plus, SE 10 LT Plus (Contract Series 411/4179/4190/4196/4205). LibertyMark
Freedom 7 Contract Forms ICC21 321-7, AAA321-7; LibertyMark Freedom 10, 10 LT Contract Forms ICC21 321-10, AAA321-10; LibertyMark Freedom
10 Plus, 10 LT Plus Contract Forms ICC22 321-10B, AAA321-10B (02/22).
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Products are single premium deferred fixed indexed annuities underwritten by Americo Financial Life and Annuity Insurance Company (Americo),
Kansas City, MO, and may vary in accordance with state laws. Products are designed and exclusively marketed by Legacy Marketing Group, an
independent, authorized agency of Americo. Some products and benefits may not be available in all states. Certain restrictions and variations apply.
Consult contract and riders for all limitations and exclusions. On FutureMark, the Optimizer Fee of 1.00%; on LibertyMark, the Liberty Optimizer
administrative fee of 1.00–1.75% (depending on the product version selected); and on LibertyMark Freedom, the index option fee of 1.50% or 1.75%
(depending on the product version), if applicable, will be deducted from the Accumulation Value at the end of each contract year, including the first.
ClassicMark, FutureMark, LibertyMark, and LibertyMark® Freedom are registered service marks of Legacy Marketing Group.
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| * |
Withdrawals may be subject to ordinary income tax, and a 10% IRS penalty may apply to withdrawals taken before age 59½.
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