American Pathway Fixed 7 Annuity Owner Acknowledgment printable pdf download

American Pathway

American General Life Insurance Company

Fixed 7 Annuity

Mailing Address: Annuity Service Center • P.O. Box 871 • Amarillo, TX 79105-0871

Overnight Mailing Address: Annuity Service Center • 1050 North Western Street • Amarillo, TX 79106-7011

Owner Acknowledgment

Contract Number:_______________

• 800-424-4990

This is a summary of the provisions of your annuity, but it is not a part of your contract. Your annuity contract contains

complete details.

The American Pathway Fixed 7 Annuity is a single premium deferred annuity issued and guaranteed by American General

Life Insurance Company (AGL). Guarantees are backed by the claims-paying ability of AGL. This annuity contract may be

used to save money for retirement and to receive retirement income for life. It is not meant to be used to meet short-term

financial goals.

RIGHT TO VOID: If, after reading the contract you are not satisfied for any reason, you may return the contract to us or any agent

authorized by us within twenty days (thirty days if this contract is issued as a replacement) after receiving it. We will refund the

premium paid and the contract will then be void.

Owner(s) must initial Premium Guarantee and Interest Rate Option elections.

Premium Guarantee:

________I do  do not  elect the Optional Return of Premium Guarantee. The premium guarantee, if chosen, provides

that your value at cancellation will be equal to or greater than your single premium paid, less any previous withdrawals of

interest or premium.

Interest Rate Option:

________ 7 Year Effective Annual Interest Rate with Market Value Adjustment (MVA): The MVA Term for the single premium is

seven years. The effective annual interest rate credited to the single premium during the MVA Term is ________% for years one through

seven.

To achieve the effective annual interest rate shown above, the single premium must be left in the annuity for a full year without

any withdrawals. At the end of the MVA Term, a new interest rate will be set from time to time. Interest is credited and

compounded daily.

The expense charges may be higher and/or the interest rate credited may be lower for a contract with an interest or premium

bonus than for a contract without such a bonus. The amount of the bonus may be more than offset by the charges and/or

reduced interest associated with the bonus.

Guaranteed Minimum Interest Rate: The guaranteed minimum interest rate is predetermined by AGL. Once your contract is

issued, the guaranteed minimum interest rate will remain in effect for the life of your contract and is not subject to change. At the

end of the MVA Term, the Board of Directors will from time to time declare new effective annual interest rates. These rates are

guaranteed to always be at least ________%. At no time will the withdrawal value be less than 87 ½% of the premium paid adjusted

for prior withdrawals accumulated at the guaranteed minimum interest rate.

Withdrawal Privileges: After 30 days from the Contract Date, you may take multiple penalty-free withdrawals each contract

year not exceeding in total the greater of (1) the accumulated interest earned or (2) up to 15% of the previous anniversary

annuity value. If you do not use all of the 15% free withdrawal percentage in a contract year, you may carry over the unused

portion to the next contract year up to a maximum of 20% of the previous anniversary annuity value. The minimum

withdrawal amount is $250 ($50 for systematic withdrawals) and the minimum amount that must remain in your annuity is

$2,000.

Withdrawals in excess of the permitted free withdrawals are subject to an early withdrawal charge for seven years from the

Contract Date. An MVA, as described on the next page, may also apply to withdrawals made (in excess of permitted free

withdrawals) during the early withdrawal charge period and MVA Term. These withdrawals, plus any early withdrawal

charge(s), will be deducted from your annuity value.

Early Withdrawal Charge Schedule

Contract Year

Thereafter

Charge

(% of Excess Amount Withdrawn)

AGL 316-AP7-PA (MVA) (6/14)

White – Owner

Yellow – AGLIC

Pink – Agency

Gold – Agent

(Form Nos.: S117-PA-MVA, R342-PA, R347-PA, R384, R389-PA)

(Page 1 of 3)

American Pathway Fixed 7 Annuity Owner Acknowledgment

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