The Commodore Advantage

Introduction
Type of Product
Product NameThe Commodore Advantage
Offered byGreat American
Company InfoGreat American Financial Resou... read more
Contract and Purchasing
Minimum Premium Payment10000
Maximum Premium Payment500000
Minimum Additional Premium Payment50
Investments
Total Number of Investment Options49 [Find annuities with more investment options]
Fixed Account
Minimum Fixed Account Rate Guarantee3% [Find annuities with higher fixed account minimum rate guarantees]
Features and Benefits
Free WithdrawalsYes
Free Withdrawal Limit10
Guaranteed Death BenefitAvailable
Are Loans AllowedYes
Are Telephone Transactions AllowedYes
Fees and Expenses
Maximum Total Fees and Expenses2.83% [Find annuities with lower fees and expenses]
Maximum Mortality and Expense Risk Charge "M&E Fee"1.25% [Find annuities with lower mortality and expense fees]
Administrative Fee$30.00 [Find annuities with lower administrative fees]
Contract Maintenance Fee0.15% [Find annuities with lower contract maintenance fees]
Early Withdrawal Charges / Surrender Fees Year 1: 8.00%
Year 2: 8.00%
Year 3: 7.00%
Year 4: 6.00%
Year 5: 5.00%
Year 6: 4.00%
Year 7: 3.00%
Year 8: 2.00%
Year 9: 0.00%
[Find annuities with lower surrender fees]
Minimum Investment Management Fee0.27% [Find annuities with lower investment management fees]
Maximum Investment Management Fee1.43% [Find annuities with lower investment management fees]
Sales Compensation
Maximum Commissions8.5% [Find annuities with lower commissions] [Find annuities with higher commissions]
Contact Information
Company OfferingGreat American
Company TypeInsurance Company
Phone Number800-854-3649
Websitewww.gafri.com
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