Company Description
"With our Single Premium Immediate Annuity you can: Turn a portion of your savings into a guaranteed 'retirement check.' Create a guaranteed income you cannot outlive. Choose a plan to get more money back than the amount you put in. Make sure that you or your heirs will get all of your money back, depending on plan chosen."Product
Single Premium Immediate Annuity
States Available
Not Available
Minimum Premium
$20,000
Max Premium (without home office approval)
$10,000,000
Issue Ages
Not Available
Available Benefit Modes
Life & Periods Certain Available
Yes, 5, 10, 15, and 20 years
Periods Certain Only Available
Yes; 5, 10, 15, and 20 years
Joint & Survivor Available
Yes
Cash Refund Available
No
Inflation Indexing Available
Cost of Living Adjustments Available
No
Premium Load (for Premium Tax)
0%-3.5% (based on state & tax qualification)
Pricing: Male, 65, Pure Life, No COLA, $100,000 Premium
$587.94 monthly benefit
Commission
1% to 7% (decreasing with age of annuitant) plus 1.20% trail
Cash Value
Other Features