Great American Life Insurance Company has introduced two new indexed annuity contracts: the American Landmark 3 contract and the AssuranceSelect 3 Plus contract.
(Related: Great American Adds 3-Year MYGA)
Great American is selling the American Landmark 3 contract through retail financial professionals and the AssuranceSelect 3 Plus contract through financial institutions.
Purchasers of the contracts can take cash out without facing surrender charges after three years.
The investment index menu for the contracts includes the S&P 500 index, the iShares U.S. Real Estate ETF, and the iShares MSCI EAFE ETF.
The contracts are available with an issue age up to age 90.