Immediate Income Annuity

At A Glance

  • Never worry about outliving your income!
  • Never worry about losing money in the market!
  • Receive higher monthly payments for life!
  • Convert Assets To Income
  • Choose 1 of 7 payout options.

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Phoenix Area
480-835-5000
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800-880-8112

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Ask yourself these two questions:

  1. Will my savings last as long as I plan to?
  2. Will I be able to meet my fixed expenses without working?

Never worry about outliving your income!

Your monthly payments are guaranteed for the rest of your life - no matter how long you live! And if you select a Joint Annuity, full payments are guaranteed for as long as the last surviving spouse lives.

The B.E.S.T. Income Annuity is ideal for the person looking for a secure income they will never outlive.

Never worry about losing money in the market!

Your monthly payments are guaranteed to never decrease - regardless of what the markets do. American Savings Life's Income Annuities offer these attractive financial planning features:

  • Extremely competitive payout rates.
  • Can offer guarantees of at least a full return of original premium paid.
  • Great for conservative customers needing income security.
  • Comfort in knowing you cannot out live your savings.
  • Straight forward, easy to understand contract.
  • Multiple payout options available for you and your spouse.

Receive higher monthly payouts for life!

Because of American Savings Life's exceptional financial strength, low overhead and 65 years of proven conservative investment policies, we are able to provide higher payments than other insurance companies.

B.E.S.T. Annuity Monthly Income Payments

Assuming a $100,000 investment with the "Payments for Life" payout options.


Age
Male
Monthly Payment
Male Annual %
Payout Rate
Female
Monthly Payment
Female Annual %
Payout Rate
Joint Life
Monthly Payment
Joint Life Annual %
Payout Rate
65 $585 7.0% $550 6.6% $492 5.9%
70 $677 8.1% $625 7.5% $541 6.5%
75 $802 9.6% $738 8.9% $619 7.4%
80 $992 11.9% $902 10.8% $737 8.8%

Part of your payment is tax-exempt for all non-IRA annuities. Your policy illustration will show tax-exempt and taxable income amounts.

Income Annuity payment quotes are accurate as of November 2019. Available for IRAs and Non-IRAs.

Annual % Payout Rate equals the sum of the 12 monthly payments you will receive divided by the single premium amount that you pay.

A Liquidity Feature with our B.E.S.T. FLEX Income Annuity!

B.E.S.T. FLEX is a second product option that offers the flexibility of a liquidity feature in that you may convert your future payments to a lump sum payout (available only for Return of Premium, Period Certain, and Fixed Period payouts). This is also referred to as a Commutation Value.

Convert Assets to Income!

Our Income Annuity converts your assets into a guaranteed income stream for Life, Life With a Period Certain, or for a set number of years.

Let us help put your hard earned money to work - so you don't have to!

Choose 1 of 7 payout options

Single Life: The Payee will receive payments for as long as the Annuitant lives.
Two Lives (Joint and Last Survivor): The Payee will receive payments for as long as the last surviving Annuitant lives.
Single Life with Return of Premium: The Payee will receive payments for as long as the Annuitant lives. If the Annuitant dies before the payments received equal the full premium, payments will continue until the total payments equal the full premium. The Period Certain Date shown in the Annuity Details Schedule is the date at which time the total payments will equal the full premium.
Two Lives with Return of Premium: The Payee will receive payments for as long as the last surviving Annuitant lives. If the last surviving Annuitant dies before the payments received equals the full premium, payments will continue until the total payments equals the full premium.
Fixed Period: The Payee will receive payments for a specific fixed period of years (available from 5 to 30 years).
Single Life with Period Certain: The Payee will receive payments for as long as the Annuitant lives. If the Annuitant dies before the Period Certain Date (available from 5 to 30 years), a Beneficiary Payee will continue receiving the same payments until the Period Certain Date.
Two Lives (Joint and Last Survivor) with Period Certain: The Payee will receive payments for as long as the last surviving Annuitant lives. If the last surviving Annuitant dies before the Period Certain Date, a Beneficiary Payee will continue receiving the same payments until the Period Certain Date.

Backed by a life insurance company with exceptional financial strength.

See for Yourself How Much Income You Can Receive for the Rest of Your Life

Use the online calculator to see for yourself what the B.E.S.T. or B.E.S.T. Flex Income Annuity can do for you.

Key Facts about the B.E.S.T. and B.E.S.T. FLEX Income Annuities

Premium Limits
$25,000 to
$500,000
Max Issue Ages
80 for any Life Only payment option
95 for any payment option with Period Certain or Return of Premium
Payments Start
You choose - any time between 1 month and 1 year after date of issue
Non-Assignable
This annuity contract is non-assignable and irrevocable
No Cash Value
There is no cash value with either annuity. The B.E.S.T. FLEX does offer a liquidity feature in that you may convert your future payments to a lump sum payout (available with Return of Premium, Period Certain, and Fixed Period payouts).
This is also referred to as a Commutation Value.

Obtain a Personalized Income Payout Quote by calling American Savings Life Insurance Company at (800) 880-2112.

Note: The B.E.S.T and B.E.S.T. FLEX Immediate Income Annuities are only available to Arizona and Utah residents.

Annuity guarantees are backed by the financial strength and claims-paying ability of American Savings Life Insurance Company. B.E.S.T. policy form 2300 and B.E.S.T. FLEX policy form 2400 are available only in Arizona and Utah. This brochure information is not a contract and descriptions of policy provisions are only partial. Benefits are subject to terms and conditions of the policy. Refer to the policy for complete terms and conditions. B.E.S.T. and B.E.S.T. FLEX payout amounts shown as of 11/2019.