Life insurance underwritten and annuities offered by our affiliate AAA Life Insurance Company, Livonia, MI. AAA Life Insurance Company is licensed in all states except NY. AAA Life CA Certificate of Authority #07861. AAA Missouri acts as an agent for its affiliate, AAA Life Insurance Company. ALSC-22009-414-XX
1 The life insurance needs assessment is for informational purposes only and is only a broad, general guideline based on information provided to the agent. Any recommendations are not based on legal, financial, or tax advice. You may wish to consult with an independent legal, financial, or tax professional before purchasing life insurance. Your local AAA club and AAA Life Insurance Company do not provide tax advice. Life insurance underwritten by our affiliate, AAA Life Insurance Company, Livonia, MI. AAA Life Insurance Company is licensed in all states except NY. Automobile Club of Missouri acts an authorized agent of AAA Life.
2 Annuities are not considered short-term investments. Surrender charges may apply, and the fees and charges associated with a fixed-rate annuity are usually higher than other investments like certificates of deposit. Under current tax law, earnings withdrawn before age 59 1/2 may be subject to IRS penalty. Withdrawals exceeding 10% of the accumulation value are also subject to a contractual withdrawal schedule included in each contract. AAA Life and its agents do not provide legal or tax advice. Therefore you may wish to seek independent legal, tax or financial advice prior to the purchase of an annuity contract.
3 You can increase your payments to add funds to the accumulated cash value, up to a specified limit. (The growth in cash value is tax-deferred under current federal income tax law.)
4 You can also reduce or stop paying premiums as long as you maintain certain minimum cash value levels.
5 If you need additional coverage, you can, with approval, increase the amount of coverage to suit your current needs. Coverage amounts range from $100,000 to more than $1 million.
Product and its features may not be available in all states. Life insurance underwritten by our affiliate AAA Life Insurance Company, Livonia, MI. AAA Missouri acts as the authorized agent for AAA Life. AAA Life is licensed in all states except NY. Policy Form Series ICC10-5501WL/5501WL.