American Equity EstateShield product logo
Fixed Index Annuity (FIA)
American Equity EstateShield product logo
Fixed Index Annuity (FIA)

Discover the benefits of lifetime income stream

The EstateShield 10 (EstateShield 9 in CA) is designed for anyone facing a choice between retirement income and a legacy, or ensuring an income stream that cannot be outlived while securing benefits for those who outlive your retirement.

In addition to the fundamental benefits all American Equity products provide, like principal protection, tax-deferred growth and guaranteed income, the EstateShield 10 has multiple tools for building income reserves, and generating rising income by allocating funds to a variety of index linked crediting options and one-and two-year crediting strategies.1Plus, enhanced death benefits allow beneficiaries a choice in how payments are received.2 EstateShield 10 has a 10-year surrender charge schedule, and EstateShield 9 has a 9-year surrender charge schedule.
Key Benefits in EstateShield
American Equity Benefits Account Value for EstateShield
Benefits Account Value 

The EstateShield 10 has two built-in features designed to grow the Benefits Account Value (BAV), which is used to calculate lifetime income payments and/or the enhanced death benefit: 

 

BAV Bonus

All premiums received within the first year of the BAV bonus are applied immediately and credited to the BAV

 

BAV Multiplier

The BAV grows for the life of the contract by multiplying the preceding year’s increases in the contract value by a BAV Multiplier of 150%. Once lifetime income payments begin, the annual income payment amount will increase by an amount equal to the current annual income payment multiplied by the BAV Multiplier.

American Equity Enhanced Death Benefit Options for EstateShield
Enhanced Death Benefit Options

The enhanced death benefit can be used in place of the base death benefit, and provides beneficiaries the ability to choose their benefit payment:

 

Lump sum

The BAV amount on the date of death is applied as a 75% payout percentage, and distributed in one payment. 


 

Multiple payments

The BAV amount on the date of death is applied as a 100% payout percentage, and distributed in a series of equal payments over five years.

American Equity Lifetime Income Benefit Rider for EstateShield
Lifetime Income Benefit Rider
A Lifetime Income Benefit Rider with Wellbeing Benefits is available at no fee. This allows for enhanced income payments by up to 150% to 200%, for up to five years, if the contract owner becomes unable to perform two of six activities of daily living. 3Lifetime income payments can begin after a minimum of a 10-year accumulation period. There are no limitations on how long money can grow as long as the contract is active. 
American Equity Benefits Account Value for EstateShield
Benefits Account Value 

The EstateShield 10 has two built-in features designed to grow the Benefits Account Value (BAV), which is used to calculate lifetime income payments and/or the enhanced death benefit: 


BAV Bonus

All premiums received within the first year of the BAV bonus are applied immediately and credited to the BAV


BAV Multiplier

The BAV grows for the life of the contract by multiplying the preceding year’s increases in the contract value by a BAV Multiplier of 150%. Once lifetime income payments begin, the annual income payment amount will increase by an amount equal to the current annual income payment multiplied by the BAV Multiplier.

American Equity Enhanced Death Benefit Options for EstateShield
Enhanced Death Benefit Options

The enhanced death benefit can be used in place of the base death benefit, and provides beneficiaries the ability to choose their benefit payment:


Lump sum: The BAV amount on the date of death is applied as a 75% payout percentage, and distributed in one payment. 


Multiple payments: The BAV amount on the date of death is applied as a 100% payout percentage, and distributed in a series of equal payments over five years.

American Equity Lifetime Income Benefit Rider for EstateShield
Lifetime Income Benefit Rider
A Lifetime Income Benefit Rider with Wellbeing Benefits is available at no fee. This allows for enhanced income payments by up to 150% to 200%, for up to five years, if the contract owner becomes unable to perform two of six activities of daily living. 3Lifetime income payments can begin after a minimum of a 10-year accumulation period. There are no limitations on how long money can grow as long as the contract is active. 

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Connect with your financial professional to explore how an annuity fits into your retirement portfolio. If you don’t have one, please contact us and we will help you connect with someone in your area.

Rates are set at issue and are subject to change.


 

Benefits Account Value is only used to calculate income payments and/or the enhanced death benefit amount. It is not part of the underlying Contract Value and is not available for partial withdrawal or in a lump sum.

 

Annuity contract and riders issued under form series ICC20 MSP-10, ICC21 BASE-IDX-MSP, ICC21 R-LIBR-W-BAV, ICC20 E-PTP-C, ICC20 E-PTP-PR, ICC20 E-MPTP-C, ICC20 R-EBR, ICC16 R-MVA and state variations thereof. Availability may vary by state. For complete details please see product specific sales brochure(s) and disclosure(s)

 

This material is for informational purposes only, and is not a recommendation to buy, sell, hold or rollover any asset. It does not take into account the specific financial circumstances, investment objectives, risk tolerance, or need of any specific person. In providing this information American Equity Investment Life Insurance Company is not acting as your fiduciary as defined by the Department of Labor. American Equity does not offer legal, investment or tax advice or make recommendations regarding insurance or investment products. Please consult a qualified professional.

 

1Possible interest credits for money allocated to an index-linked crediting strategy are based upon performance of the specific index; however, fixed index annuities are not an investment, but an insurance product, and do not directly invest in the stock market or the index itself.

 

2For withdrawals, in excess of 10% annually, the contract value is subject to a charge based on the withdrawal and surrender charge schedule. Once the withdrawal and surrender charge period expires, no charges are applied.

 

3Requires annual certification by a qualified physician. See disclosure and sales brochure for additional details.