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Americo Announces GMVIR Increase, Effective 1/1/2024
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The Guaranteed Minimum Value Interest Rate (GMVIR) on Growth Commander fixed indexed annuities from Americo Financial Life and Annuity Insurance Company is increasing to 2.80%, effective with contracts issued on or after Monday, January 1, 2024.
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The total Americo Guaranteed Minimum Value available upon full surrender, death, or annuitization is equal to 87.5% of premium, minus any gross withdrawals and applicable premium tax, plus interest credited at the Guaranteed Minimum Value Interest Rate. The GMVIR can range from 1% to 3% and is subject to change quarterly.
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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, PO 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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Questions? Please contact your IMO.
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Growth Commander Forms:
Series 319, 4204, 4139, 2508. AAA319-6 (12/22), AAA319-6 DP (06/23), AAA319-10 (12/22), AAA319-10 DP (06/23); ICC22 319-6,
ICC23 319-6 DP, ICC22 319-10, ICC23 319-10 DP, AAA4204, AAA4139 (05/06), AAA2508 PTPP (02/22),
AAA2508 PTPP WF (02/22), AAA2508 PTPC (02/22), AAA2508 PTPC WF (02/22), AAA2508 PTPPG (02/22),
AAA2508 PTPPG WF (02/22); ICC19 4204, ICC22 2508 PTPP, ICC22 2508 PTPP WF, ICC22 2508 PTPC,
ICC22 2508 PTPC WF, ICC22 2508 PTPPG, ICC22 2508 PTPPG WF.
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.
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.
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AF1628v1123
22-600-39 (11/23) |
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FOR AGENT USE ONLY. NOT FOR USE WITH CONSUMERS. |
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