Safe Return

Offer your clients flexibility with Safe Return. This fixed-indexed annuity offers a return of premium guarantee, a bailout on indexed strategies, and features early withdrawal charges that end after 10 years. For a complete product description, see the Product Overview in the Marketing Materials section below.

Details

Issue Ages

Non-qualified 0-85Inherited non-qualified 0-75Inherited IRA 0-75Qualified 0-85

Tax Qualifications

Non-qualifiedQualifiedInherited non-qualified403(b) (Traditional and Roth)IRA (Traditional, Roth, SEP, SIMPLE and Inherited)Governmental and non-Governmental 457(b)

Purchase Payments

Subsequent purchase payments accepted in first two contract monthsIssued with single purchase payment

Purchase Payment Minimums and Maximums

Minimum:

$25,000

Subsequent:

$2,000 (Q)
$5,000 (NQ)

Maximum:

$1 million for ages 0-75
$750,000 for ages 76-80
$500,000 for ages 81+ without prior Home Office approval

Bailout cap

On indexed strategies, early withdrawal charges waived, if cap or participation rate for an indexed strategy ever falls below its bailout rate

Return of Premium

The return of premium value is the sum of all purchase payments, less the sum of all net withdrawals and rider charges. Included at no extra charge.

Interest Strategies

Declared RateS&P 500 1-Year Point-to-Point with CapiShares U.S. Real Estate 1-Year Point-to-Point with CapS&P 500 Risk Control 1-Year Point-to-Point with Par Rate

Early Withdrawal Charges

10-year declining 10%, 9%, 8%, 7%, 6%, 5%, 4%, 3%, 2%, 1%

Free Withdrawal Allowance

During the first contract year, 10% of purchase payments may be withdrawn without an early withdrawal charge.After the first contract year, 10% of the account value as of the most recent contract anniversary may be withdrawn without an early withdrawal charge.In the event a cap or participation rate falls below its bailout rate, early withdrawal charges will be waived

Waivers

Terminal Illness WaiverExtended Care Waiver

Guaranteed Minimum Surrender Value

100% of purchase payments, plus interest credited daily at a minimum guaranteed rate, less withdrawals and any applicable early withdrawal charges and less an amount equal to the applicable early withdrawal charge rate multiplied by the account value

Payout Options

Fixed period payoutLife payoutLife payout with payments for at least a fixed periodJoint and one-half survivor payout

Associated Riders

IncomeSecure

This guaranteed income rider offers a 6% rollup and payments that can start immediately after issue (if age 55+).

Inheritance Enhancer

This guaranteed death benefit rider offers a 9% rollup for issue ages 50-75, a 6% rollup for issue ages 76-85 and refund of rider charges in certain circumstances.