Products
Index Annuity with LTC |
Account Options | Current Rates (as of 11/09/2022) |
Surrender Charges | Ages | Premiums | LTC Benefits | Underwriting | NeverStop Wellness Rider | Fees | Additional Riders | ||||||||||||
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Bridge |
|
|
10-Year1
9, 8, 7, 6.5, 5.5, 4.5, 3.5, 2.5, 1.5, 0.5% |
55 - 801 |
Flexible
Minimum $2,000 Minimum Additional Maximum First-year Coverage2 |
Tax-free3
No receipts required Payable monthly |
Guaranteed approval
3 underwriting classes Ability to
opt-out
|
Automatically included1
Offers the Owner an individualized program to promote successful aging and the opportunity to earn additional LTC benefit credits through participation |
1% Premium Load2
Monthly LTC Rider Charge $100 Annual
Wellness Rider Charge
|
Nursing Home Waiver
Terminal Illness |
1 May vary by state
2 If Inflation Rider is chosen, the Maximum First-year Coverage decreases to $250,000 and the Premium Load is increased and varies by Issue Age and Risk Class
3 Long-Term Care Benefits are typically tax-free under Internal Revenue Code Section 7702B. Generally, the maximum tax-free Long-Term Care Benefit payable from all coverage on the same insured is limited to the greater of actual qualified Long-Term Care expenses or the per diem rate established by the IRS.
• Minimum Guaranteed Rates for Bridge: 1-Year Interest: 1.00%; 1-Year Pt-to-Pt Cap: 1.00%; 1-Year Pt-to-Pt Part: 10%; 1-Year Monthly Avg Part: 10%; 1-Year Pt-to-Pt Part MARC 5%: 10% ; 1-Yr Pt-to-Pt Part Focus 50: 10%
• Free Withdrawals on Bridge: Interest only 1st contract year, 10% of Account Value years 2+
• Minimum Guaranteed Contract Value on Bridge : 87.5% of premium minus withdrawals, less monthly LTC rider charges, accumulated at the Minimum Guaranteed Contract Rate (2.80% for 2023 contracts).
Index Annuities | Premium Bonus | Account Options | Current Rates (as of 11/09/2022) |
Surrender Charges | Ages | Premiums | Riders | ||||||||||||||||||||
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MarketPower Bonus Index |
|
|
|
14 Years1
20, 20, 19, 19, 18, 17, 16, 14, 12, 10, 8, 6, 4, 2% |
0 - 75 |
First Year Only
Minimum Minimum Additional Maximum |
Income Rider with Chronic-Illness Doubler
Nursing Home Waiver3 Terminal Illness |
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MarketTen Bonus Index |
|
|
|
10 Years1
10, 10, 10, 10, 8.5, 7, 5.5, 4, 3, 1.5% |
0 - 80 |
Flexible
Minimum Minimum additional Maximum
|
Return of Premium
Income Rider with Chronic-Illness Doubler Nursing Home Waiver3 Terminal Illness |
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MarketValue Index |
|
|
|
10 Years1
12, 12, 12, 12, 11, 10, 8, 6, 4, 2% |
0 - 80 |
Flexible
Minimum Minimum additional Maximum |
Income Rider with Chronic-Illness Doubler
Nursing Home Waiver3 Terminal Illness Waiver |
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MarketSeven Index |
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|
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7 Years1
9, 8, 7, 6.5, 5.5, 4.5, 3.5% |
0 - 85 |
Flexible
Minimum Minimum additional Maximum
|
Income Rider with Chronic-Illness Doubler
Nursing Home Waiver3 Terminal Illness Waiver |
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MarketFive Index |
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|
|
5 Years1
9, 8, 7, 6.5, 5.5% |
0 - 90 |
Flexible
Minimum Minimum Additional Maximum
$2,000 Additional
|
Nursing Home Waiver3
Terminal Illness Waiver |
1 May vary by state
2 Maximum cumulative premium for all products is $2,000,000, including any inforce life policies or annuity contracts. Higher amounts require Home Office approval.
3 Available through age 80
• Minimum Guaranteed Rates for Index Annuities: 1-Year Interest: 1.00%; 1-Year Pt-to-Pt Cap: 1.00%; 1-Year Pt-to-Pt Part: 10%; 1-Year Monthly Avg Cap: 1.00%; 1-Year; Monthly Avg Part: 10.00%; 1-Year Monthly Cap: 0.50%; 2-Year Monthly Avg Cap: 3.00%; 1-Year Pt-to-Pt Part MARC 5%: 10% ; 1-Yr Pt-to-Pt Part Focus 50: 10%; 2-Yr Pt-to-Pt Part Focus 50: 10%
• Free Withdrawals on Index Annuities: Interest only 1st contract year, 10% of Account Value years 2+
• Minimum Guaranteed Contract Value for all Index Annuities except MarketTen Bonus : 87.5% of premium minus withdrawals, accumulated at the Minimum Guaranteed Contract Rate (2.80% for 2023 contracts).
• Minimum Guaranteed Contract Value for MarketTen Bonus: 100% of premium minus withdrawals, accumulated at the Minimum Guaranteed Contract rate (2.80% for 2023 contracts), less surrender charges.
Rate Buy-Up Index Annuities | Premium Bonus | Account Options | Current Rates (as of 11/09/2022) |
Annual Fee | Surrender Charges | Ages | Premiums | Riders | |||||||||||||||||||||||||||
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MarketForce Bonus Index |
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|
|
|
10 Years1
16, 14.5, 13, 11.5, 9.5, |
0 - 80 |
First Year Only
Minimum Minimum additional Maximum |
Nursing Home Waiver3
Terminal Illness Income Rider Not Available |
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MarketMax Index |
|
|
|
|
10 Years1
9, 8, 7, 6.5, 5.5, 4.5, |
0 - 80 |
Flexible
Minimum Minimum additional Maximum |
Nursing Home Waiver3
Terminal Illness Income Rider Not Available |
1 May vary by state
2 Maximum cumulative premium for all products is $2,000,000, including any inforce life policies or annuity contracts. Higher amounts require Home Office approval.
3 Available through age 80
• Minimum Guaranteed Rates for Index Annuities: 1-Year Interest: 1.00%; 1-Year Pt-to-Pt Cap: 1.00%; 1-Year Pt-to-Pt Part: 10%; 1-Year Monthly Avg Cap: 1.00%; 1-Year; Monthly Avg Part: 10.00%; 1-Year Monthly Cap: 0.50%; 2-Year Monthly Avg Cap: 3.00%; 1-Year Pt-to-Pt Part MARC 5%: 10% ; 1-Yr Pt-to-Pt Part Focus 50: 10%; 2-Yr Pt-to-Pt Part Focus 50: 10%
• Free Withdrawals on Index Annuities: Interest only 1st contract year, 10% of Account Value years 2+
• Minimum Guaranteed Contract Value for MarketForce Bonus and MarketMax : 87.5% of premium minus withdrawals, accumulated at the Minimum Guaranteed Contract Rate (2.80% for 2023 contracts).
Multi-Year Guarantee Annuity | Ages | Premium | Guarantee Period | Current Rates (as of 08/17/2023) |
Surrender Charges | Free Withdrawals | Death Benefit | Riders | ||||||||||
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Certainty Select | 0-90 |
Single
Minimum Maximum |
|
|
10, 10, 9%2 10, 10, 9, 9, 8%2 10, 10, 9, 9, 8, 8%2 10, 10, 9, 9, 8, 8, 7, 7%2 10, 10, 9, 9, 8, 8, 7, 7, 6, 5%2 |
Cumulative Interest Beginning Immediately | Full Accumulation Value |
Nursing Home Waiver3
Terminal Illness |
1 Maximum cumulative premium for all products is $2,000,000, including any inforce life policies or annuity contracts. Higher amounts require Home Office approval.
2 May vary by state
3 Available through age 80
• Minimum Guaranteed Contract Value for Certainty Select : 87.5% of premium minus withdrawals, accumulated at the Minimum Guaranteed Contract Rate (2.80% for 2023 contracts).
Traditional fixed Annuity | Ages | Premiums | Premium Bonus | Current Rates (as of 08/17/2023) |
MVA | Surrender Charges | Free Withdrawals | Riders | ||||||||||||||||||||||||
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0-85 |
First Year Only
Minimum Maximum |
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Nursing Home Waiver4
Terminal Illness |
1 Maximum cumulative premium for all products is $2,000,000, including any inforce life policies or annuity contracts. Higher amounts require Home Office approval.
2 May vary by state
3 By Current Company Practice
4 Available through age 80
• Minimum Guaranteed Contract Value for ChoiceFour: 100% of premium minus withdrawals, accumulated at the Minimum Guaranteed Contract rate (2.80% for 2023 contracts), less surrender charges.
Single Premium Immediate Annuity | Ages | Annuity Options | $100,000 Premium | Minimum Payment | Payment Modes | Premium | Additional Notes | |||||||||||||||
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Current Rates (as of 08/17/2023) |
Monthly Payment | |||||||||||||||||||||
Confidence Income Annuity |
0-90
0-85
|
Fixed Period
5-20 Years Single & Joint Life
|
|
|
$100 |
Monthly Quaterly Semi-Annually Annually |
Single
Minimum Maximum |
Payments may vary in states with Premium Tax:
CA, CO, ME, NV, SD, WY Life payments may vary by qualified type
|
1 Maximum cumulative premium for all products is $2,000,000, including any inforce life policies or annuity contracts. Higher amounts require Home Office approval.