|
Ratings
|
| A.M. Best: A+ |
Standard & Poor's: AA |
|
|
|
Interest Rates -
Last Rate Change 04/10/06
|
|
Deposits of $100,000 plus |
Deposits of $5000 - $99,999 |
| First Year Guaranteed Rate: |
4.90% |
4.80% |
| Guaranteed Rate For Years 2 through 6: |
4.90% |
4.80% |
| The Interest Rate is Guaranteed for a Total of: |
6 Years |
6 Years |
| Yield to Surrender: |
4.90% |
4.80% |
| (The guaranteed yield over the 6 year period.) |
|
|
Policy
Notes
|
| A CD Type Annuity with a 6-Year Interest Rate
Guarantee and a 10 year surrender charge period with an MVA (Market Value
Adjustment) provision. After the initial 6 year guarantee period
there is a 30 day window in which all surrender charges and MVA
provisions are waived and funds may be withdrawn or transferred without penalty. |
|
|
Primary Markets
|
| Fixed: No |
CD Type: Yes |
Step Rate: No |
TSA: No |
|
|
|
Policy Provisions
|
| Maximum Issue Age Owner NQ: |
85 |
|
Maximum Issue Age Owner Q: |
85 |
| Maximum Issue Age Annuitant NQ: |
85 |
|
Maximum Issue Age Annuitant Q: |
85 |
| Maximum Annuitization Age NQ: |
99 |
|
Maximum Annuitization Age Q: |
99 |
| Minimum Single Premium NQ: |
5000 |
|
Minimum Single Premium Q: |
5000 |
| Minimum Monthly Premium NQ: |
0 |
|
Minimum Monthly Premium Q: |
0 |
| Minimum Additional Premium NQ: |
0 |
|
Minimum Additional Premium Q: |
0 |
| Maximum Premium: |
1000000 |
|
Market Value Adjustment (MVA): |
Yes |
| Loan Provision: |
No |
|
Net Loan Rate: |
0.00 |
| Free Look Period: |
10 |
|
Rate Lock Protection: |
60 days |
| MRD: |
Yes |
|
Form Number: |
MGA10PQ |
| Front End Fee: |
No |
|
Annual Maintenance Fee: |
No |
|
|
|
|
|
|
|
|
Withdrawal
Charges
|
| Withdrawals: |
10% |
|
Calculated on: |
Accumulation |
| Date of Calculation: |
Policy Issue |
|
Minimum Account Value: |
5,000.00 |
|
|
| Year |
1 |
2 |
3 |
4 |
5 |
6
|
7 |
8 |
9 |
10 |
| % |
8.00 |
8.00 |
8.00 |
7.00 |
6.00 |
5.00 |
4.00 |
3.00 |
2.00 |
1.00 |
|
|
|
Interest Rate
History
|
|
Jan |
Feb |
Mar |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
Oct |
Nov |
Dec |
| 2002 |
|
|
|
|
|
|
|
|
|
|
4.55 |
|
| 2003 |
4.80 |
4.50 |
4.50 |
4.50 |
4.40 |
4.10 |
3.80 |
3.90 |
4.05 |
4.05 |
4.00 |
3.90 |
| 2004 |
4.20 |
4.20 |
4.10 |
3.65 |
4.00 |
4.40 |
4.40 |
4.15 |
4.00 |
4.00 |
3.80 |
4.00 |
| 2005 |
4.20 |
4.20 |
4.20 |
4.50 |
4.20 |
4.20 |
4.10 |
4.25 |
4.25 |
4.25 |
4.45 |
4.45 |
| 2006 |
4.45 |
4.45 |
4.55 |
|
|
|
|
|
|
|
|
|
|
|
|
Waiver of
Withdrawal Charges
|
| Death: |
Yes |
|
Hospitalization: |
No |
| Disability: |
Yes |
|
Unemployment: |
No |
| Terminal Illness: |
No |
|
Annuitization: |
No |
| Nursing Home: |
Yes |
| Withdrawal Window: |
30 days |
|
|
|
Systematic
Withdrawals
|
| Systematic Withdrawal: |
Yes |
| Interest Only: |
Yes |
|
Interest Only Waiting Period: |
30 Days |
| Accumulated Value: |
Yes |
|
Accumulated Value Waiting Period: |
1 |
| LERO: |
Yes |
| Minimum Withdrawal Amount: |
100.00 |
|
Minimum Account Value: |
5,000.00 |
|
|
|
Systematic
Withdrawals Modes
|
| Monthly: |
Yes |
|
Semi-Annually: |
Yes |
| Quarterly: |
Yes |
|
Annually: |
Yes |
|
|
|
Plan Types
|
| Non Qual.: |
Yes |
IRA Trans: |
Yes |
SEP: |
Yes |
401k: |
No |
| TSA: |
Yes |
Profit Sharing: |
No |
IRA: |
Yes |
IRA Roll: |
Yes |
| Sponsored IRA: |
Yes |
401a: |
No |
457: |
Yes |
Keogh: |
No |
|
|
|
Approved for Sale
in the Following States
|
| AK: |
Yes |
AL: |
Yes |
AR: |
Yes |
AZ: |
Yes |
| CA: |
Yes |
CO: |
Yes |
CT: |
Yes |
DC: |
Yes |
| DE: |
Yes |
FL: |
Yes |
GA: |
Yes |
HI: |
Yes |
| IA: |
Yes |
ID: |
Yes |
IL: |
Yes |
IN: |
Yes |
| KS: |
Yes |
KY: |
Yes |
LA: |
Yes |
MA: |
Yes |
| MD: |
Yes |
ME: |
Yes |
MI: |
Yes |
MN: |
Yes |
| MO: |
Yes |
MS: |
Yes |
MT: |
Yes |
NC: |
Yes |
| ND: |
Yes |
NE: |
Yes |
NH: |
Yes |
NJ: |
Yes |
| NM: |
Yes |
NV: |
Yes |
NY: |
No |
OH: |
Yes |
| OK: |
Yes |
OR: |
Yes |
PA: |
Yes |
RI: |
Yes |
| SC: |
Yes |
SD: |
Yes |
TN: |
Yes |
TX: |
Yes |
| UT: |
No |
VA: |
Yes |
VT: |
Yes |
WA: |
Yes |
| WI: |
Yes |
WV: |
Yes |
WY: |
Yes |
|
|
|
| Request
More Information About This Annuity |
