What is the difference between the cash surrender value and the annuity value?
Under some circumstances a surrender charge applies to your account. These situations are discussed in detail in the “Fees and Charges – Surrender Charge” section of your prospectus. The difference between the cash surrender value and the annuity value is due to such fees and charges. The cash surrender value reflects the value of your account “as of” the most recent close of business and includes any applicable surrender charges that may be applied to your account. The total value of your account is reflected as the annuity value. Please refer to your prospectus for additional details. If you do not have a copy of your prospectus, please contact the AIG VALIC Client Care Center at 1.800.448.2542 between 7:00 a.m. and 8:00 p.m. (CT), Monday through Friday. If you are hearing- or speech-impaired, AIG VALIC also offers a TDD connection for your convenience by dialing 1.800.248.2542. Return to top of page.
Under some circumstances a surrender charge applies to your account. These situations are discussed in detail in the “Fees and Charges – Surrender Charge” section of your prospectus. The difference between the cash surrender value and the annuity value is due to such fees and charges. The cash surrender value reflects the value of your account “as of” the most recent close of business and includes any applicable surrender charges that may be applied to your account. The total value of your account is reflected as the annuity value. Please refer to your prospectus for additional details. If you do not have a copy of your prospectus, please contact the AIG Retirement Client Care Center at 1.800.448.2542 between 7:00 a.m. and 8:00 p.m. (CT), Monday through Friday. If you are hearing- or speech-impaired, AIG Retirement also offers a TDD connection for your convenience by dialing 1.800.248.2542. Return to top of page.
