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AMERICAN NATIONAL INSURANCE COMPANY

AMERICAN NATIONAL INSURANCE COMPANY. A+ by AM Best & Co. AA by Standard & Poor Over $3 Billion in Capital Surplus $125 in Assets for every $100 of Liabilities Consolidated Assets of over $17 Billion And a Comdex Score of 96!. Fixed Annuities - What’s New?.

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AMERICAN NATIONAL INSURANCE COMPANY

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  1. AMERICAN NATIONAL INSURANCE COMPANY A+ by AM Best & Co. AA by Standard & Poor Over $3 Billion in Capital Surplus $125 in Assets for every $100 of Liabilities Consolidated Assets of over $17 Billion And a Comdex Score of 96! For Agent Use Only

  2. Fixed Annuities - What’s New? Our ANICO Strategy Indexed Annuity or – “ASIA” We’ve come up with a truly winning formula Annual Reset!Riders Galore! For Agent Use Only

  3. The ANICO Strategy Indexed Annuity is Coming Your Way . . . Want to learn about what is the next best indexed annuity? • Clean SimpleDesign • Strong Guarantees 3. Innovative Riders Not Available on any fixed or indexed annuities! For Agent Use Only

  4. ANICO Strategy Indexed AnnuityIndexed to the S&P 500 • Annual Reset/Point-to-Point, No Averaging • 100% Participation Locked in at Issue • Annually Declared Cap Rate (Only Moving Part) • Both an Index Interest & Fixed Interest Acct. • Index interest based on S&P 500 Performance • Fixed Interest declared annually • Can reallocate funds between the two accounts on policy anniversary – no restrictions on allocation % For Agent Use Only

  5. ANICO Strategy Indexed AnnuityIndexed to the S&P 500 • Issued to ages 0-85 Owner/Annuitant • Single Premium Product • $5,000 Minimum Premium for Non-Qualified • $4,000 Minimum Premium for Qualified • 10% Penalty-Free Withdrawals of Annuity Value after 1st Yr • Both a 7 and a 10-yr Surrender (No MVA) • 7-yr: 7,7,6,5,4,3,2,0 • 10 Yr: 9,9,8,7,6,5,4,3,2,1,0 • Walk-away at end of term For Agent Use Only

  6. ANICO Strategy Indexed AnnuityIndexed to the S&P 500 • Waiver of Surrender Charges • 10% Partials after yr 1 • Based on full Account Value as of beginning of contract year • Includes Indexed Interest Credits • Required Minimum Distributions (ALL Yrs) • Disability or Confinement in a: • Hospital • Hospice Facility • Convalescent Care Facility • Death Benefit • Paid at the death of the Owner • Greater of Full Annuity (Account) Value, including indexed earnings up to the date of death OR • Surrender Value For Agent Use Only

  7. ANICO Strategy Indexed AnnuityIndexed to the S&P 500 – Upgrades…. • Innovative (Optional) Riders: Lifetime Income Rider • Payments can begin anytime after age 60 • No Minimum Waiting Period • Income % is based on age at time of commencement • Age 60-69 = 5% • Age 70-79 = 6% • Age 80+ = 7% • Guarantees Income for Life Even if the Annuity Value Declines to 0! • It must be added at issue, but can be dropped anytime! • Payment based on highest AV from date payments start – but the payment cannot go down For Agent Use Only

  8. ANICO Strategy Indexed AnnuityIndexed to the S&P 500 – Upgrades…. • Innovative (Optional) Riders: Lifetime Income Rider • Income Benefit is treated like a free partial withdrawal • IT CAN BE STOPPED AT ANYTIME! • That’s right – the guarantees of a lifetime annuitization with the flexibility of systematic withdrawals – You Can’t Beat That! • Payments can be re-started after having been stopped • Can take less than the full amount available and increase it later • The Cost for the rider is guaranteed at issue for the life of the contract • It is .40% of the account value per year • Much lower than competing variable products! • Only deducted in years when there’s positive AV Growth • Past amounts not deducted for will be debited in future years when AV growth is sufficient to accommodate such cost For Agent Use Only

  9. ANICO Strategy Indexed AnnuityIndexed to the S&P 500 – Upgrades . . . • Innovative (Optional) Riders: Enhanced Death Benefit Rider • Enhanced Death Benefit Rider – Increases DB by a % of AV gains • Benefit Varies by Age Based on Issue Age • Through age 69 = 45% • Ages 70 – 74 = 25% • Ages 75 – 80 = 20% • Ages 81+ = 15% • NO UNDERWRITING! • Rider Terminates at Age 95, BUT . . . • At age 95, the EDB Amount is added to the AV! • Must be added at issue, but can be dropped at anytime • Cost is guaranteed for the life of the contract • Is anticipated to be .25% of the account value per year For Agent Use Only

  10. ANICO Strategy Indexed AnnuityIndexed to the S&P 500 – Upgrades . . . • Totally Innovative Riders: Return of Premium Rider • Gtd. Min. SV = Initial Premium – Withdrawals • Must be added at issue • Cannot be Dropped • Cost will be a reduction in the declared cap rate and/or the fixed interest rate • Current reduction is .50% from the current cap rate or • Current reduction is .20% from the fixed interest rate For Agent Use Only

  11. ANICO Strategy Indexed AnnuityIndexed to the S&P 500 – Commissions • Commissions WITHOUT Trails: • ‘ASIA’ 10 • 8%, Ages 0-75 • 6.5%, Ages 76-80 • 5%, Ages 81-85 • ‘ASIA’ 7 • 5%, Ages 0-75 • 4%, Ages 76-80 • 3%, Ages 81-85 For Agent Use Only

  12. ANICO Strategy Indexed AnnuityIndexed to the S&P 500 – Commissions • Commissions WITH Trails: • ‘ASIA’ 10 • 5.5%, Ages 0-75 • 4.0%, Ages 76-80 • 2.5%, Ages 81-85 • ‘ASIA’ 7 • 3%, Ages 0-75 • 2%, Ages 76-80 • 1%, Ages 81-85 • TRAILS = .40% to the General Agent For Agent Use Only

  13. ANICO Strategy Indexed AnnuityIndexed to the S&P 500 - As of 8/1/06 . . . • Minimum Guaranteed Surrender Value is based on a Minimum Guaranteed Interest Rate (MGIR) based on 90% of premium • Indexed Interest Account • ASIA 10: @ 3.00% • ASIA 7: @ 2.75% • Fixed Interest Account • ASIA 10: @ 3.00% • ASIA 7: @ 3.00% For Agent Use Only

  14. ANICO Strategy Indexed AnnuityIndexed to the S&P 500 – As of 8/1/06 . . . • Annually Declared Cap Rates Are: • ASIA 10 = 7.4% • ASIA 7 = 8% • Minimum Guarantee for contract yrs 2-10 is 4% • Fixed Interest Bucket is Crediting: • ASIA 10 = 3.85% • ASIA 7 = 4.15% • Client Notification at Renewal/Anniversary • Policyholder receives a letter 5 weeks prior to anniversary notifying them of renewal rates For Agent Use Only

  15. ANICO Strategy Indexed AnnuityIndexed to the S&P 500 – State Approvals • ASIA Both the 7 and the 10 • Available in all states except the following: MD TX MA UT MN VT MT WA ND OK OR PA For Agent Use Only

  16. So, be on the look-out for “ASIA”, the next BEST Equity Indexed Annuity For Agent Use Only

  17. Other Winning Annuities . . . For Agent Use Only

  18. Is That It? For Agent Use Only

  19. Heck No, How About our “Cash Is King Contest for Your Agents . . . ? For Agent Use Only

  20. Cash Bonus for Writing Agents: 7/1/06 – 9/30/06 on EIA Sales • $250,000 - $500,000 = $250 • $500,001 - $750,000 = $500 • $750,001 - $1,000,000 = $1,000 • $1,000,001 + = $2,000 • Based on cumulative premium written & paid during contest period For Agent Use Only

  21. American National Insurance Company • Thanks for your interest in American National and especially your business! • We look forward to a long and profitable relationship with you. For Agent Use Only

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