Invest Yourself For a Better Retirement™



Life Insurance Company

Ratings: AM Best A++ S&P AAA Moody's Aaa

Company Description

"An easy way to turn some of your nest egg into income immediately - Create income for a certain period of time or for the rest of your life - Payments can be guaranteed to be level, vary with market performance, or both"


Variable Immediate Annuities


California, New York, Pennsylvania, Texas

Minimum Premium or Deposit



Single Premium Immediate Variable Annuity

States Available

CA, FL, NY, PA, TX (among others)

Minimum Premium


Max Premium (without home office approval)

Not Available

Issue Ages

Not Available

Available Benefit Modes

Annual, Semi-Annual, Quarterly, Monthly

Life & Periods Certain Available

Yes, 10, 15, or 20 years

Periods Certain Only Available

Yes; 5 to 30 years

Joint & Survivor Available

Yes, choice of 100%, 66.67%, or 50% benefit continuation upon first death

Cash Refund Available

Not Available

Other Seprate Account Charges

Maximum: 0.20%
Current: 0.20%

Fund Operating Expenses (recent year)

0.09% to 0.60%; varies by fund

Premium Load (for Premium Tax)

1%-3.5% (based on state & tax qualification)


To be determined

Assumed Investment Returns


Guaranteed Minimum Income Benefit


US Large Cap Stock Index Fund / Fee

Index fund for overall US equity market available / 0.06%

US Mid & Small Stock Index Fund / Fee

Index fund for overall US equity market available / 0.06%

US Bond Index Fund / Fee


Foreign Stock Index Fund / Fee


Number of Funds Offered



Not Available

Cash Value

Not available

M&E Fee

Maximum: 1.00%
Current:    0.40%

Other Features

Death Benefit on outstanding period certain payments