Document:

exv4wm

	 	 	 	 	 	 	 	 	 

	American General	 	 	 	 	 	
	Life Insurance Company
	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Address mail to:

	 	Regular Mail
	 	Overnight Mail	 	 	 	 
	SunAmerica

	 	P.O. Box 54299
	 	21650 Oxnard Street, Suite 750	 	 	 	 
	Annuity Service Center

	 	Los Angeles, CA 90054-0299
	 	Woodland Hills, CA 91367-4997
	 	 1-800-445-7862
	 	 sunamerica.com

Extended Legacy Program Guide

What is the Extended Legacy Program?

The Extended Legacy Program is a death claim settlement program that provides claimants of
SunAmerica variable annuities the opportunity to defer the distribution of claim proceeds while
retaining full discretionary access to them.

Extended Legacy Program

There are two options for this program.

Option 1 This option enables the claimant to defer taking a full distribution until December
31st of
the year containing the fifth anniversary of the deceased’s death. Any amounts
remaining in the account as of that date will automatically be distributed to the claimant. The
claimant may take discretionary distributions of up to 100% of the current value of the death claim
proceeds at any time during the five year period.

Option 2 This option enables the claimant to receive annual required minimum distributions,
generally over the claimant’s life expectancy, beginning no later than December 31st of
the year following the year of the deceased’s death. The claimant may take discretionary
distributions of up to 100% of the current value of the death claim proceeds at any time.

Both options have tax implications that should be considered before making a decision. We recommend
that you discuss your situation with a tax professional.

Program Availability

The Extended Legacy Program is available to claimants of products listed on page 2. One or both
options referenced above may not be available to certain claimants. Please review the Variable
Annuity Death Claim form (SA2200POS, U2200POS in NY) for additional information. Contact our
Annuity Service Center at (800) 445-7862 for information regarding availability.

How Do I Use This Guide?

If you elect the Extended Legacy Program, the applicable fees, features and investment options
available to you may differ from the fees, features and investment options available to the
original deceased Owner.

To review the applicable fees, features and investment options available to you:

	1.	 	Identify the product to which you are a claimant. The product name can be found in the
upper-right corner of the deceased’s last quarterly statement. If this same product name is in the
list of products on page 2 of this guide, you are eligible for the Extended Legacy Program. If this
product name is not in this list, this program is not available to you. Contact our Annuity Service
Center if you need assistance.
	 
	2.	 	Review the Variable Portfolio investment options available to you. Refer to the product
prospectus you received with this Guide that lists the investment options available to you.
Additional information regarding the investment options can be found in the fund prospectus
available at sunamerica.com or through our Annuity Service Center. You will be mailed a copy of the
fund prospectus for the available investment options if you elect the Extended Legacy Program.
	 
	3.	 	Write your investment allocation instructions on the Death Claim form. Indicate your investment
allocation instructions on page 10, Section I, of the Variable Annuity Death Claim form.
	 
	4.	 	Review the product prospectus disclosure. The product prospectus you received with this Guide
includes important information about the administrative features available to you. Please review
the sections of the prospectus related to Investment Options, Transfers, Dollar Cost Averaging,
Systematic Withdrawal, Automatic Asset Rebalancing Program, Extended Legacy Program, Separate
Account Expenses, Taxes and Other Information.

Variable annuities issued by American General Life Insurance Company or, in New York, by The United
States Life Insurance Company in the City of New York, NY.

 

 

			
	 	 	 
	Extended Legacy Program Guide
	 	Page 2 of 2

Fees Associated With the Extended Legacy Program

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Separate	 	 	Contract	 
	 	 	 	 	 	 	Account	 	 	Maintenance	 
	Product Issued to Deceased	 	 	 	 	 	Charge1	 	 	Fee2	 
	For all of the following products listed below, refer to the product prospectus sent to you with this
Guide for a list of available investment options.	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	American Pathway
	 	Polaris Choice II	 	Seasons Advantage	 	 	 	 	 	 	 	 
	Polaris
	 	Polaris Choice III	 	Seasons Advisor	 	 	 	 	 	 	 	 
	Polaris NY
	 	Polaris Choice III NY	 	Seasons Advisor II	 	 	 	 	 	 	 	 
	Polaris Rewards NY
	 	Polaris Choice IV	 	Seasons Advisor III	 	 	 	 	 	 	 	 
	Polaris II
	 	Polaris Choice IV NY	 	Seasons Elite	 	 	 	 	 	 	 	 
	Polaris II NY
	 	Polaris Platinum	 	Seasons Preferred Solution	 	 	 	 	 	 	 	 
	Polaris II Rewards
	 	Polaris Platinum Rewards	 	Seasons Select	 	 	 	 	 	 	 	 
	Polaris II Rewards NY
	 	Polaris Platinum II	 	Seasons Select II	 	 	1.15	%	 	$	35	 
	Polaris Advantage
	 	Polaris Platinum II Rewards	 	Seasons Select II Rewards	 	 	 	 	 	 	 	 
	Polaris Advantage NY
	 	Polaris Platinum III	 	Seasons Triple Elite	 	 	 	 	 	 	 	 
	Polaris Advantage II
	 	Polaris Platinum III NY	 	WM Diversified Strategies	 	 	 	 	 	 	 	 
	Polaris Advisor
	 	Polaris Preferred Solution	 	WM Diversified Strategies III	 	 	 	 	 	 	 	 
	Polaris Advisor III
	 	Polaris Preferred Solution NY	 	WM Diversified Strategies III NY	 	 	 	 	 	 	 	 
	Polaris America
	 	Polaris Protector	 	FSA Advisor	 	 	 	 	 	 	 	 
	Polaris Choice
	 	Polaris Protector Rewards	 	 	 	 	 	 	 	 	 	 
	Polaris Choice NY
	 	Seasons	 	 	 	 	 	 	 	 	 	 

 

			
	1	 	The Separate Account Charge is deducted from the average daily ending net asset value
allocated to the Variable Portfolios. For more information, please see the product prospectus.
	 
	2	 	A $30 contract maintenance fee applies to certain contracts originally issued in New
Mexico, New York and/or North Dakota. The contract maintenance fee will be waived if your
account value exceeds $50,000 on each anniversary following your election of the Extended
Legacy program.exv4wn

AMERICAN GENERAL LIFE INSURANCE COMPANY

MAXIMUM ANNIVERSARY VALUE OPTIONAL

DEATH BENEFIT ENDORSEMENT

Notwithstanding any provision in the Contract or Certificate (“Contract”) to the contrary, this
Endorsement becomes a part of the Contract to which it is attached. Should any provision in this
Endorsement conflict with the Contract, the provisions of this Endorsement will prevail.
Capitalized terms used in this Endorsement have the same meaning as they have in the Contract.

This Endorsement modifies the “DEATH PROVISIONS” in the Contract as set forth below.

ENDORSEMENT DATA

	 	 	 

	MAXIMUM ANNIVERSARY VALUE OPTIONAL 

DEATH BENEFIT CHARGE:

	 	Annual fee of [0.25%] of the average
daily ending value of the assets
attributable to the Accumulation
Units of the Variable Portfolio(s)
to which Your Contract is allocated.
We deduct this charge daily. This
charge is in addition to other
charges, fees and expenses described
in Your Contract.

The “AMOUNT OF DEATH BENEFIT” provisions are modified as follows:

Maximum Anniversary Value Death Benefit

Upon Our receipt of all Required Documentation at Our Annuity Service Center, the Death
Benefit payable upon the death of the Owner will be calculated. The death benefit
calculation is different depending on whether a living benefit or guaranteed minimum
withdrawal benefit has been elected and if the benefit has been terminated.

If You were Age [80 or younger] on the Contract Date and did not elect a living benefit or
guaranteed minimum withdrawal benefit, We will calculate the Death Benefit as the greatest
of:

	 	1.	 	The Contract Value for the NYSE business day during which We receive
all Required Documentation at Our Annuity Service Center; or
	 
	 	2.	 	Net Purchase Payment(s) received prior to the Owner’s [86th]
birthday; or
	 
	 	3.	 	The Maximum Anniversary Value that is equal to the greatest anniversary
value determined prior to the earlier of the

	 	i)	 	Your [83rd] birthday; or
	 
	 	ii)	 	Your date of death;

plus Purchase Payment(s) received since that Contract anniversary, but prior to Your
[86th] birthday, and this sum is reduced proportionately for any
Withdrawals since that Contract anniversary.

If You were Age [80 or younger] on the Contract Date and elected a living benefit or
guaranteed minimum withdrawal benefit, We will calculate the Death Benefit as the greatest
of:

	 	 	 
	ASE-6235 (12/10)	1	 

 

 

	 	1.	 	The Contract Value for the NYSE business day during which We receive
all Required Documentation at Our Annuity Service Center; or
	 
	 	2.	 	Purchase Payment(s) received prior to Your [86th] birthday
reduced by a) or b) as follows:

	 	a)	 	any Withdrawal Adjustments if the benefit has not been
terminated;
	 
	 	b)	 	any Withdrawal Adjustments prior to the date the
benefit is terminated, and reduced proportionately for any Withdrawals on
and after the date the benefit is terminated.

	 	3.	 	The Maximum Anniversary Value that is equal to the greatest anniversary
value determined prior to the earlier of:

	 	i)	 	Your [83rd] birthday; or
	 
	 	ii)	 	Your date of death;

plus Purchase Payment(s) received since that Contract anniversary, but prior to
Your [86th] birthday, and this sum is reduced by a) or b) as follows:

	 	a)	 	any Withdrawal Adjustments if the benefit has not been
terminated;
	 
	 	b)	 	any Withdrawal Adjustments prior to the date the
benefit is terminated, and reduced proportionately for any Withdrawals on
and after the date the benefit is terminated.

Spousal Beneficiary Continuation

If the Spousal Beneficiary continues the Contract on the Continuation Date and upon Our
receipt of all Required Documentation at Our Annuity Service Center, the Death Benefit
payable upon the death of the Spousal Beneficiary will be as follows:

If the Spousal Beneficiary was age [80 or younger] on the Continuation Date, and if the
Owner did not elect a living benefit or guaranteed minimum withdrawal benefit, We will
calculate the Death Benefit as the greatest of:

	 	1.	 	The Contract Value for the NYSE business day during which We receive
all Required Documentation at Our Annuity Service Center; or
	 
	 	2.	 	The Contract Value on the Continuation Date, plus Purchase Payment(s)
received after the Continuation Date and prior to the Spousal Beneficiary’s
[86th] birthday and this sum is reduced proportionately for any
Withdrawals after the Continuation Date; or
	 
	 	3.	 	The Maximum Anniversary Value after the Continuation Date that is equal
to the greatest anniversary value determined prior to the earlier of:

	 	i)	 	The Spousal Beneficiary’s [83rd] birthday;
or
	 
	 	ii)	 	The Spousal Beneficiary’s date of death;

plus Purchase Payment(s) received after the Continuation Date and since that
Contract anniversary, and prior to the Spousal Beneficiary’s [86th]
birthday and this sum is reduced proportionately for any Withdrawals since that
Contract anniversary.

If the Spousal Beneficiary was age [80 or younger] on the Continuation Date, and if the
Owner elected a living benefit or guaranteed minimum withdrawal benefit, We will calculate
the Death Benefit as the greatest of:

	 	 	 
	ASE-6235 (12/10)	2	 

 

 

	 	1.	 	The Contract Value for the NYSE business day during which We receive
all Required Documentation at Our Annuity Service Center; or
	 
	 	2.	 	The Contract Value on the Continuation Date, plus Purchase Payment(s)
received after the Continuation Date and prior to the Spousal Beneficiary’s
[86th] birthday and this sum is reduced by a) or b) as follows:

	 	a)	 	any Withdrawal Adjustments if the benefit has not been
terminated;
	 
	 	b)	 	any Withdrawal Adjustments prior to the date the
benefit is terminated, and reduced proportionately for any Withdrawals on
and after the date the benefit is terminated; or

	 	3.	 	The Maximum Anniversary Value after the Continuation Date that is equal
to the greatest anniversary value determined prior to the earlier of:

	 	i)	 	The Spousal Beneficiary’s [83rd] birthday;
or
	 
	 	ii)	 	The Spousal Beneficiary’s date of death;

plus Purchase Payment(s) received after the Continuation Date and since that
Contract anniversary, and prior to the Spousal Beneficiary’s [86th]
birthday and this sum is reduced by a) or b) as follows:

	 	a)	 	any Withdrawal Adjustments since that anniversary if
the benefit has not been terminated;
	 
	 	b)	 	any Withdrawal Adjustments since that anniversary but
prior to the date the benefit is terminated, and reduced proportionately
for any Withdrawals since that anniversary that occur on and after the date
the benefit is terminated.

If the Spousal Beneficiary was at least age [81 but younger than age 86] on the Continuation
Date, and if the Owner did not elect a living benefit or guaranteed minimum withdrawal
benefit, We will calculate the Death Benefit as the greater of:

	 	1.	 	The Contract Value for the NYSE business day during which We receive
all Required Documentation at Our Annuity Service Center; or
	 
	 	2.	 	The Contract Value on the Continuation Date, plus Purchase Payment(s)
received after the Continuation Date, and prior to the Spousal Beneficiary’s
86th birthday, and this sum is reduced proportionately for any
Withdrawals after the Continuation Date.

If the Spousal Beneficiary was at least age [81 but younger than age 86] on the Continuation
Date, and if the Owner elected a living benefit or guaranteed minimum withdrawal benefit, We
will calculate the Death Benefit as the greater of:

	 	1.	 	The Contract Value for the NYSE business day during which We receive
all Required Documentation at Our Annuity Service Center; or
	 
	 	2.	 	The Contract Value on the Continuation Date, plus Purchase Payment(s)
received after the Continuation Date and prior to the Spousal Beneficiary’s
86th birthday and this sum is reduced by:

	 	a)	 	any Withdrawal Adjustments after the Continuation Date
if the benefit has not been terminated; or

	 	 	 
	ASE-6235 (12/10)	3	 

 

 

	 	b)	 	any Withdrawal Adjustments after the Continuation Date
and prior to the date the benefit is terminated, and reduced
proportionately for any Withdrawals after the Continuation Date that occur
on and after the date the benefit is terminated.

Withdrawal Adjustments

If a living benefit or guaranteed minimum withdrawal benefit is elected and the benefit has not
been terminated, the amount of the Death Benefit will be adjusted for Withdrawals as follows:

	 	1.	 	If the current Contract Year’s cumulative Withdrawals, including the
current Withdrawal, are taken prior to your [81st] birthday and are less
than or equal to the Maximum Annual Withdrawal Amount, the amount of adjustment
will be the amount of each Withdrawal; or
	 
	 	2.	 	If the current Contract Year’s cumulative Withdrawals, including the
current Withdrawal, are taken on and/or after your [81st] birthday
and/or are in excess of the Maximum Annual Withdrawal Amount, the amount of
adjustment is equal to the proportion that the amount of each Withdrawal in excess
of the Maximum Annual Withdrawal Amount reduces the Contract Value.

If the Spousal Beneficiary was age [86 or older] on the Continuation Date, the Death Benefit will
be the Contract Value for the NYSE business day during which We receive all Required Documentation
at Our Annuity Service Center.

	Signed for the Company to be effective on the Contract Date.

AMERICAN GENERAL LIFE INSURANCE COMPANY

	 	 	 

	
	 	

	 	 	 
	ASE-6235 (12/10)	4

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00216-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00216-of-00352.parquet"}]]