annuity compliance review April 2003
|
|
- Ethan Daniels
- 5 years ago
- Views:
Transcription
1 north american company for life & health insurance 8032Z Rev. 04/03 annuity compliance review April 2003 The contents of this booklet are very important. Please read this entire document carefully and sign the acknowledgement on the last page. Please return the signed form to the North American Company Annuity Service Center, 4601 Westown Parkway, Suite 300, West Des Moines, Iowa, You may also fax the completed form to (866] PLEASE NOTE: This information is current as of April This information can and will change periodically as new products are introduced, procedures modified, and the annuity environment goes through changes. You are responsible for keeping abreast of this information.
2 TABLE OF CONTENTS: Insurance Marketplace Standards Association (IMSA) Page 3 Wills, Trusts & Medicaid Planning Page 3 Advertising Guidelines Page 3 North American Company Indexed Annuity Guidelines Page 5 Complaint Handling Page 6 General Suitability Concerns Page 6 Special Needs of the Senior Market Page 6 Summary & Certification Page 8 INTRODUCTION It has become increasingly important to introduce some type of regular training to ensure that North American Company agents understand the following: The products they are selling Compliance/legal issues surrounding annuity sales The challenges that come with selling to seniors Advertising guidelines Company procedures about approval of agent generated sales literature Please carefully read the following sections. Contact the Annuity Service Center Marketing Team at for any questions. 2
3 WHAT IS IMSA? The Insurance Marketplace Standards Association is an organization of individual life insurance and annuity companies. Membership is voluntary. IMSA promotes high ethical standards in the sale and service of each company s insurance products. Each company must renew their membership every three years by participating in rigorous self and independent assessments. WHAT DOES OUR MEMBERSHIP IN IMSA MEAN? North American Company endorses and supports the concepts in the Principles and Code of Ethical Market Conduct established by IMSA. As a member of IMSA since 1998, our company has adopted and is committed to the following Principles of Ethical Market Conduct: To conduct business according to standards of honesty and fairness; To provide service to the customers which, in the same circumstance, you would apply or demand for yourself; To provide competent and customer-focused sales, based on an analysis of the insurable needs and financial objectives of the customer; To engage in active and fair competition; To provide advertising and sales materials that are clear as to purpose and honest and fair as to content; To provide fair and expeditious handling of consumer complaints and disputes; To comply with all applicable laws, regulations, and company requirements; To report any activities of which you are aware that may be in violation of this code. WILLS, TRUSTS & MEDICAID PLANNING North American has noted publicity regarding the use of Living Trusts as a financial planning tool. We have also become aware of litigation generated against marketers of living trusts, insurance companies and agents where the living trust concept was marketed on a mass basis in connection with the sale of financial products such as annuities. While we believe that, in the appropriate circumstances, a living trust can be a valuable planning device for some clients, mass distribution of this concept in connection with the sale of annuities is not appropriate. This section is not intended to be legal or tax advice by North American Company to you or your clients. North American Company s policy is that you should strongly encourage your clients to consult their tax advisor or legal expert before establishing a living trust or purchasing any financial product in connection with utilizing a living trust. Please be aware that annuities offered by North American Company are not specifically designed for use in "Medicaid- Friendly" annuity programs. Please consult a tax advisor or legal expert for more information. AD GUIDELINES The Compliance Department and the Annuity Service Center are pleased to announce enhanced, streamlined procedures for submitting your advertising to our Compliance Department for review and approval. Start taking advantage of this ease of doing business by ing your ad to compliance@nacolah.com or fax it to our dedicated fax machine number: These new methods will expedite the review and approval process and have you selling more.faster! For easy reference, our advertising checklist is attached to assist you in complying with state regulations and maintaining high market conduct standards. Please read on to see what you can do to expedite the review and approval process! 3
4 For additional questions, please contact Terri Silvius at ext or Tracy Michels at ext ADVERTISING CHECKLIST NORTH AMERICAN COMPANY FOR LIFE AND HEALTH INSURANCE Advertisements must have prior written approval by the Company. Advertising would include any material, written or electronic, that is designed for distribution to the general public, including but not limited to: Print, radio, TV and any form of media advertising (newspaper, magazine, TV, radio, etc.). Product brochures, circulars, pamphlets and published articles. Sales presentations, prepared sales talks, seminar texts, telemarketing scripts and materials. Newsletters, research reports and performance reports or summaries. Prospecting, target market and form letters. Business cards and letterhead. Agent recruiting material. Sales illustrations. Third party software. Internet and internet websites or home pages and any form of e-commerce. If you are uncertain whether or not something falls within the definition of "advertising" please contact the Compliance Department for guidance. Without exception, all consumer advertising mentioning North American Company or referencing any of our products or services must be approved by Compliance prior to use. This includes products referenced by name, description, rate, or features. To ensure your materials are reviewed expeditiously, the following procedures should be taken into consideration. We suggest you review these guidelines prior to submitting any advertising piece for approval. When an ad is submitted for approval, Compliance will notify you of the form number assigned to the ad. This form number is to be printed in the lower left corner of the ad. Advertisements may need to be filed with state insurance departments, which will add to the approval turnaround time. You will be notified if this is the case. Due to the changing nature of regulations governing advertisements and sales materials, compliance approval is valid for up to 12 months. This time period may be shorter if interest rates are referenced in the ad. Upon expiration, you must re-submit the ad for approval if you intend to continue using the ad. If revisions to your ad are required, you must submit a final copy of the ad with the revisions to Compliance for final approval and filing, if necessary. Include your agency s name as it appears on your agent s license. For example, if an agent is licensed as "John Doe" but is doing business as "City Insurance Agency," "John Doe" must appear on the ad. Always indicate the licensed agent as the contact person. All consumer ads must have the name of the agent, agency (if applicable), address and phone number. If the advertisement will be distributed in the state of California, you are also required to include your state license number (agent number) on the advertising. The product being advertised must clearly be identified as a life insurance policy or an annuity contract. The terms "no cost," "disappearing" or "vanishing" may not be used in any advertising materials. In addition, a life policy cannot be billed as an "investment or "retirement" vehicle. Do not refer to premium payments as "deposits". If you are comparing our products to a Certificate of Deposit (CD), the following disclosure must be included on the ad: Insurance products and annuities are not deposits of or guaranteed by any bank and are not insured by the Federal Deposit Insurance Corporation (FDIC) or any other agency of the United States. They may involve investment risk, including possible loss of value." Indicate all product names registered with a service mark or registered trademark as applicable. Any ad promoting one of our products must describe the policy type, form number, and issuing company. A typical disclosure is as follows: Marketing Name sm is issued on Form XXXX (group certificate) or XXXX (individual contract) or state variations, by North American Company for Life and Health Insurance, Chicago, IL. This product, its features and its riders may not be available in all states. If an ad is intended for agent use only, be sure to indicate "For Agent/Broker Use Only. Not Intended For Consumer Solicitation Purposes" on the advertisement. If a reference is made to any withdrawal feature of a product, include the disclosure "Withdrawals prior to age 59 1/2 may be subject to IRS penalties." 4
5 If reference is made to specific interest rates, include the statement "Interest based on current rates and subject to change without notice." Reference to any commercial rating A.M. Best, for example must incorporate the full description of the rating: i.e. "Rated "A" (Excellent) for financial excellent overall performance when compared to the norms of the life/health insurance industry." Also include a statement about the number of categories that a rating service would use to rank a company and where a particular ranking would fall within the total number of categories: i.e. "An "A" (Excellent) rating by A.M. Best Company is the 3rd highest rating out of 15 categories." If you decide to include rating information on your website be sure to provide full disclosure, or simply link to our web site for this information. Any use of statistics or reference to any information from an outside source must clearly identify the source of the information including the name and date of the report or publication. INTERNET ADVERTISING GUIDELINES Internet advertising includes home pages and all related pages in an agency/agent website. To submit your site and/or page for approval, complete and submit an Advertising Submission Form along with copies of all relevant web pages including all links, and instructions for accessing the site online. Note that approval must be received prior to any Web site "going live." Regulations that apply to print advertising also apply to Internet advertising. Since a Web site is accessible to all consumers, regardless of where they live, Internet advertising must comply with advertising requirements of all states. Many web sites, including those that market insurance products, may be identified by a marketing name that is different from the name shown on the "official" license for the agency or agent. Please note that a marketing name can easily be construed as a DBA (doing business as) and as such could require that the name be filed with the respective secretary of state office(s) and/or state insurance department(s). Since information contained on a Web site can be viewed by virtually anyone, anywhere in the world, include where you are licensed to do business, and that you are a domestic U.S. agent/agency. For example: "John Smith, DBA XYZ Life Insurance Agency, Inc., a domestic U.S. insurance agency licensed to do business in (states)," or "licensed to do business in all states except (states)." When including product information that is for agent use only, please provide the Internet address, User ID and password. Our Company has an extensive portfolio of products, and now it s even easier to promote them. If you have any questions regarding our advertising guidelines, please send Compliance an . You may also call your MGA or Marketing Sales Support Representative at NORTH AMERICAN COMPANY INDEXED ANNUITY GUIDELINES North American Company offers innovative annuity products for you and your clients. With numerous companies offering a wide array of Indexed Annuity product designs, it is important to understand all the features and options available. The following section explains the features of North American s Indexed Annuity portfolio. While this section tries to explain the main features, all North American Company Indexed Annuity products are different, therefore, please refer to our product-specific brochures, Annuity Disclosure Statements and website ( Because the company is continually introducing new products, it regularly publishes and distributes to its agents product-specific material describing the features of its Indexed Annuities. As an agent for the company you are responsible for reviewing and understanding this material and the products you sell on our behalf before offering them to customers. By signing this Compliance Review, you represent that you have and will review the product-specific material published and distributed to you by the Company and that you will not offer products for sale to customers before you have reviewed the product-specific material and have a complete understanding of the product. 5
6 FIXED ACCOUNT The Fixed Account will earn the current Fixed Account interest rate. This rate will be guaranteed for the entire year, and a new rate will be declared thereafter. The minimum Fixed Account interest rate is no less than 1.5% on all products. Please utilize the current Interest Rate sheet (6745Z) for current rate information. INDEX ACCOUNT North American Company offers interest credits based on the performance of various market indices. Each year the resulting interest credit is credited to the Index Account. A Cap may also be applied to this index credit on certain products. Participation Rate: The Participation Rate is an index growth percentage applied to the contract at the end of the Index Period. The Participation Rate is guaranteed for the first year and declared annually thereafter on all products except the Simple Seven SM. The Simple Seven SM guarantees the Participation Rate for seven years. The Participation Rate is applied after the Index Cap. The minimum Participation Rate per product are as follows: Market Choice III Plus SM % Market Choice II SM % Simple Seven SM % North American Heritage Max SM % North American Heritage Bonus SM % Cap: The Cap is the maximum percentage of indexed credit that can be earned for that year. The Cap is set at the beginning of each contract year and is guaranteed for one year. Minimum Cap percentages per product and crediting methods are as follows: Market Choice III Plus SM % Annual Point-to Point Market Choice II SM % Annual Point-to Point Simple Seven SM % Annual Point-to Point; 7% Daily Averaging North American Heritage Max SM % Annual Point-to Point North American Heritage Bonus SM % Annual Point-to Point If the index growth is zero or negative after applying the Cap and Participation Rate, the amount credited in that year to the Indexed Value will be zero. TRANSFER OPTIONS The client may transfer the values between the Fixed Account and the Index Account on each anniversary. By current Company practice, transfers are allowed up to 30 days following the contract anniversary. Based on current tax laws, these transfers between options will not be taxable or subject to surrender penalties. 6
7 MINIMUM GUARANTEED CASH VALUE (MGCV) The Cash Surrender Value cannot be less than the Minimum Guaranteed Cash Value (MGCV). The MGCV is a percentage of premium received, less withdrawals, compounded at the guaranteed interest rate of no less than 1.5%. The applicable MGCV percentages per product are as follows: Market Choice III Plus SM % of first-year premium plus 90% of renewal premiums, less withdrawals, accumulated at 3% interest Market Choice II SM % of first-year premium plus 90% of renewal premiums, less withdrawals, accumulated at 3% interest Simple Seven SM % of first-year premium plus 90% of renewal premiums, less withdrawals, accumulated at 3% interest North American Heritage Max SM % of first-year premium (excluding bonus), less withdrawals, accumulated at 2% interest for the first 27 years and 3% thereafter, less surrender charges North American Heritage Bonus SM % of first-year premium (excluding bonus), less withdrawals, accumulated at 1.5% interest for the first 19 years and 3% thereafter, less surrender charges WITHDRAWALS Once per year, after the first anniversary, the client may withdraw, without any surrender charge or Interest Adjustment, up to 10% of the current Accumulation Value. Any excess amount will be subject to a surrender charge. The 10% withdrawal amount is non-cumulative between contract years. Certain withdrawals prior to age may be subject to an IRS penalty. SURRENDER CHARGES A surrender charge will be deducted from the Accumulation Value as a result of a Full Surrender or Withdrawal in excess of the 10% penaltyfree amount described above. Surrender charges on IRS required minimum distributions that exceed the 10% penalty-free amount are waived by current Company practice. Potential earnings may be reduced if the client surrenders before the end of the surrender period. Market Choice III Plus SM Years (22%, 22%, 22%, 22%, 22%, 20%, 18%, 16%, 14%, 12%, 10%, 8%, 6%, 4%, 2%, 0%) Market Choice II SM Years (10%, 10%, 10%, 10%, 10%, 10%, 8%, 6%, 4%, 2%, 0%) Simple Seven SM Years (12%, 12%, 12%, 10%, 8%, 6%, 4%, 0%) North American Heritage Max SM Years (22%, 22%, 22%, 22%, 20%, 18%, 16%, 14%, 12%, 10%, 8%, 6%, 4%, 2%, 0%) North American Heritage Bonus SM Years (20%, 19%, 18%, 17%, 16%, 14%, 12%, 10%, 8%, 6%, 5%, 4%, 3%, 2%, 1%, 0%) INTEREST ADJUSTMENT North American Company s Indexed Annuity products include an Interest Adjustment, which allows the company to credit higher rates than on products without an Interest Adjustment. It is applied only during the surrender period to full surrenders and any partial surrender in excess of the penalty-free amount. This adjustment will increase or decrease the surrendered amount based on the change in the interest rates during the period since the client purchased their Index Annuity. Please refer to the Interest Adjustment explanation flyer (6890Z) for more information. DEATH BENEFIT At the death of the Owner or Annuitant, North American Company will pay the Accumulation Value to the beneficiary. In the case of Joint Annuitants, the death benefit will be paid at the second death. For Joint Owners, the death benefit will be paid upon the first death. Please note that interest earned from non-qualified annuities are taxable to the beneficiary at distribution. All amounts from qualified annuities are taxable at distribution. 7
8 PLEASE NOTE North American Company s Indexed Annuity products are not investments in the stock market and do not participate in any stock, bond or equity investments. In addition, market indices do not include the payment or reinvestment of dividends in the calculation of their performance. COMPLAINT HANDLING Please refer all complaints to North American Company s Compliance Department immediately upon receipt. Each complaint is often a timesensitive matter and the quicker we can help you respond; generally the better the resolution for all parties involved. A complaint can come from numerous sources including, but not limited, to contractowners, family members, and the State Insurance Department. GENERAL SUITABILITY CONCERNS No one product is appropriate for every client, this is why North American Company s Annuity Service Center offers a wide variety of annuity products. When determining the appropriate product there are many considerations that you must take into account, including: What type of liquidity is the client looking for? How long do they plan on keeping the policy? What is the client s risk tolerance? Does this product fit into the clients overall objectives? What other products has the client purchased? Not all of these questions can be answered with 100% accuracy, which is why it is important to keep all documentation pertaining to the sales and servicing of your clients. SPECIAL NEEDS OF THE SENIOR MARKET The senior market can be a good market for the annuity producer. With a record number of baby boomers beginning to retire, there is a need for conservative retirement products such as fixed annuities. This market will continue to grow with the ageing of our population. With more sales opportunities, there are also some things to consider when dealing with the senior market. Although this is not a comprehensive list of senior market guidelines, it does illustrate some points to consider when dealing with this market. FULL FACT FINDING AND DOCUMENTATION IS VERY IMPORTANT: Documentation is the key to proper compliance in any market, but it is especially important in senior market sales. Suitability is extremely important and is often scrutinized in this market. NEED TO ERROR ON SIDE OF BEING CONSERVATIVE: rely on less aggressive strategies and recommendations. Seniors are conservative by nature. Whenever you have a doubt, it s always best to "BUYERS REMORSE": Many people, including seniors, go through this phenomenon after making a major financial decision. Again, proper 8
9 documentation, a conservative strategy, and making sure the client fully understands what they have purchased will help overcome this issue. SOME CLIENTS MAY BE LESS SOPHISTICATED THAN THEY APPEAR: Seniors may give the impression of being "market-savvy" because they might have owned several stocks/bonds or mutual funds in the past, but realistically have little or no market knowledge. Agents must not assume that seniors understand annuity concepts without proper instruction. SENIORS OFTEN WORK CLOSELY WITH OTHER ADVISORS: Most seniors have other advisors. Examples of these advisors may include a CPA, a tax advisor, an attorney or even family members. These advisors may have different opinions and/or motives for the senior client. BROAD PROTECTION OF ELDER ABUSE LAWS: Elder abuse legislation has gained momentum in recent years. With the emerging senior population, often courts will favor on the conservative side with the senior client. BENEFICIARIES SOMETIMES HAVE DIFFERENT OBJECTIVES THAN CONTRACTHOLDER: A senior client s beneficiary may have a different financial objectives and opinions than the senior did at time of sale. Again, documentation is the key to keeping a record of the client s objectives and intentions at the time of the annuity purchase. These are just a few points to consider when dealing with the senior market. Please consult your elder law attorney for questions or clarifications. FOR AGENT USE ONLY. NOT INTENDED FOR CONSUMER SOLICITATION PURPOSES. Market Choice III Plus sm - LC115 & LS115A; Market Choice II sm LC118 & LS118A; Simple Seven sm LC126A & LS126A; North American Heritage Bonus sm LC136A & LS136A; North American Heritage Max sm LC135A & LS135A and all state variations are issued by North American Company for Life and Health Insurance, Chicago, IL. These products and their features may not be available in every state. Please contact the Marketing Department at for details on state availability. 9
10 summary & certification THE FOLLOWING STATEMENTS SUMMARIZE KEY POINTS OF THE NORTH AMERICAN COMPANY COMPLIANCE REVIEW. IT IS ESSENTIAL THAT AGENTS OF NORTH AMERICAN COMPANY FULLY UNDERSTAND THESE KEY POINTS. PLEASE READ EACH STATEMENT BEFORE PROCEEDING TO THE NEXT SECTION. Advertisements must have prior written approval by North American Company. Advertising includes any material, written or electronic, that is designed for distribution to the general public. Annuities offered by North American are not designed for use in "Medicaid-Friendly" annuity programs. There are many important factors to consider when working with the senior market. Proper documentation is essential. Always error on the side of conservatism when dealing within this market. I will not offer products for sale to customers before I have reviewed the product-specific material and have a complete understanding of the product. No one product is appropriate for every client, this is why North American Company s Annuity Division offers a wide variety of annuity products. Please sign below and return to North American Company. Please retain a copy for your records. By signing this acknowledgement, you certify that you have read this summary and understand the language and descriptions contained herein. You also acknowledge that you support and will adhere to ethical business and advertising standards and practices, as outlined in this booklet. Please fax this signed page to North American Company at (866) or mail to the address listed on the front cover. Agent Name and Agent Number Agent Signature and Date Agency Name Social Security Number April
Partnering With You On Compliance Matters
Compliance Manual North American Companies We re Here for Life sm North American Company for Life and Health Insurance Since 1886 525 West Van Buren Chicago, Illinois 60607 1-312-648-7600 www.nacolah.com
More informationNorth American Precision Series 14
North American Precision Series 14 Annuity Disclosure Statement Thank you for your interest in the North American Precision Series 14 Annuity from North American Company for Life and Health Insurance.
More informationNorth American Charter 10
North American Charter 10 Annuity Disclosure Statement Thank you for your interest in the North American Charter 10 Annuity from North American Company for Life and Health Insurance. It is important for
More informationFixed Annuity Product Guide
Fixed Annuity Product Guide 8109Z REV 2-16 FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES. Products Included in this Guide: (not state-specific) Click the product to take you to
More informationNorth American Guarantee Choice SM
North American Guarantee Choice SM Multi-Year Guarantee Annuity Consumer Brochure 1 19734Z-CT REV 10-15 19734Z-CT REV 10-15 North American Guarantee Choice SM Are you looking for ways to manage your future
More informationNORTH AMERICAN CHARTERSM 10 FIxEd INdEx ANNUITY 16760Z PRT 08-12
NORTH AMERICAN Charter SM 10 Fixed INDEX ANNUITY 16760Z PRT 08-12 North American Charter sm 10 The North American Charter SM 10 is a flexible premium, fixed index annuity that offers you the ability to
More informationUnderstanding Your Client s Needs
Understanding Your Client s Needs Fixed Annuity Product Guide 8109Z REV 3-14 For Agent Use Only. Not to be used for Consumer Solicitation Purposes. Fixed Annuity Product Guide Table of Contents Points
More informationNAC RetireChoice 10. Annuity Disclosure Statement
NAC RetireChoice 10 Annuity Disclosure Statement Thank you for your interest in the NAC RetireChoice 10 Annuity from North American Company for Life and Health Insurance. It is important for you to read
More informationNorth American Guarantee ChoiceSM
North American Guarantee ChoiceSM Multi-Year Guarantee Annuity Lock in Years of Financial Stability Today 19734Z REV 12-16 Secure Your Retirement Savings with North American Guarantee Choice Get more from
More informationNorth American Guarantee Choice SM
North American Guarantee Choice SM Multi-Year Guarantee Annuity Consumer Brochure 1 19734Z PRT 12-14 19734Z PRT 12-14 North American Guarantee Choice Are you looking for ways to manage your future retirement
More informationAnnuity Compliance Manual
Annuity Compliance Manual North American Company 8943Z REV 01-14 FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES. TABLE OF CONTENTS Introduction 3 The North American Commitment 3
More informationNorth American. CharterSM. Plus Fixed Index Annuity 22482Z PRT 8-15
22482Z PRT 8-15 North American CharterSM Plus Fixed Index Annuity Retirement. many people, retirement is viewed as a time of rest and reflection. They have worked hard and planned diligently to ensure
More informationPractice Intelligence
Practice Intelligence How to Protect your Business STEP ONE: For any business owners it is wise to set up a personal asset protection plan. Must have a real/true expert. It s not just having a family limited
More informationNorth American Charter SM 14
North American Charter SM 14 Fixed Index Annuity Consumer Brochure 19067Z PRT 09-13 19067Z REV 12-13 North American Charter sm 14 The North American Charter SM 14 is a flexible premium, fixed index annuity
More informationNorth American Ten. Fixed Index Annuity. Consumer Brochure Z REV Z REV 12-13
North American Ten Fixed Index Annuity Consumer Brochure 1 15124Z REV 12-13 15124Z REV 12-13 North American Ten Are you seeking ways to direct your future retirement income today that will enable you to
More informationNOrth AmericAN guarantee choicesm multi-year guarantee ANNuitY Z REV 09-12
NOrth American guarantee Choice SM Multi-Year Guarantee Annuity 12754Z REV 09-12 1 North American Guarantee Choice SM Are you looking for ways to manage your future retirement income today so that you
More informationChoose the retirement you want. Simply.
Choose the retirement you want. Simply. A Fixed Indexed Annuity with an Optional Income Rider 65001 Issued by Athene Annuity and Life Company, West Des Moines, Iowa (01/15) An Athene Ascent SM 10 fixed
More informationNORTH AMERICAN PILLAR FIXED INDEX ANNUITY 13930Z-42 REV 08-10
NORTH AMERICAN PILLAR FIXED INDEX ANNUITY 13930Z-42 REV 08-10 NORTH AMERICAN PILLAR Are you looking for ways to manage your future retirement income today so that you can enjoy financial freedom later?
More informationING Annuity Product Training ING USA Annuity and Life Insurance Company ( ING USA )
ING Annuity Product Training ING USA Annuity and Life Insurance Company ( ING USA ) For questions contact the ING Annuity and Asset Sales Desk at 800-369-5301 ING Secure Index Opportunities Plus Annuity
More informationWHAT ARE FIXED ANNUITIES? HOW DO I KNOW IF THEY ARE RIGHT FOR ME? TRINITY LIFE INSURANCE COMPANY
WHAT ARE FIXED ANNUITIES? HOW DO I KNOW IF THEY ARE RIGHT FOR ME? TRINITY LIFE INSURANCE COMPANY CHOOSING THE RIGHT RETIREMENT INSTRUMENT F I X E D A N N U I T I E S Choosing from today s overwhelming
More informationNorth American Charter SM Plus II
North American Charter SM Plus II Annuity Disclosure Statement Thank you for your interest in the North American Charter SM Plus II Annuity from North American Company for Life and Health Insurance. It
More informationProOption Multi-Year Guaranteed Annuity with Return of Premium Feature
ProOption Multi-Year Guaranteed Annuity with Return of Premium Feature Type Single Premium Deferred Annuity (Product features may vary by state.) Issue Ages 0-90 Qualified and Non-Qualified Rate Bands
More informationNAC BenefitSolutions 14
NAC BenefitSolutions 14 Annuity Disclosure Statement Thank you for your interest in the NAC BenefitSolutions 14 Annuity from North American Company for Life and Health Insurance. It is important for you
More informationFIXED DEFERRED INDEXED
Buyer s Guide to FIXED DEFERRED INDEXED ANNUITIES Prepared by the National Association of Insurance Commissioners The National Association of Insurance Commissioners is an association of state insurance
More informationFIXED INDEX ANNUITY 13829Z-42 REV 09-11
NORTH AMERICAN Freedom Choice FIXED INDEX ANNUITY 13829Z-42 REV 09-11 North American Freedom Choice The North American Freedom Choice is a flexible premium, fixed index annuity that offers you the ability
More informationAnnuity Product Training ReliaStar Life Insurance Company ( RLIC )
Annuity Product Training ReliaStar Life Insurance Company ( RLIC ) ReliaStar Fixed and Variable Annuities CN-0115-11668-0216 Important disclosures Annuities are issued by ReliaStar Life Insurance Company
More informationNAC RetireChoice. Fixed Index Annuity. Consumer Brochure Z REV Z REV 9-14
NAC RetireChoice Fixed Index Annuity Consumer Brochure 1 19875Z REV 9-14 19875Z REV 9-14 Flexible Choices that Fit Most people dream about having a secure and comfortable retirement. And now because we
More informationNorth American Company for Life and Health Insurance Fixed Annuity Product Guide
North American Company for Life and Health Insurance Fixed Annuity Product Guide 8109Z REV 1-18 FOR FINANCIAL PROFESSIONAL USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES. This booklet includes
More informationIncome Preferred Bonus Fixed Indexed Annuity
Income Preferred Bonus Fixed Indexed Annuity 55542 (03/14) What is a fixed indexed annuity? It is a contract between you and an insurance company. In return for your money, or premium, the insurance company
More informationThe Benefits of a. Fixed Index Annuity 10127Z REV 10-15
The Benefits of a Fixed Index Annuity You can have all the Choices with North American Fixed Index Annuities If You re looking for: North American s Fixed Index Annuities Can Provide: Safety and Guarantee
More informationMNL IndexBuilder SM. Fixed Index Annuity
MNL IndexBuilder SM Fixed Index Annuity Z 22481Y PRT 8-15 PRT 8-15 Retirement. For many people, retirement is viewed as a time of rest and reflection. They have worked hard and planned diligently to ensure
More informationNAC RetireChoice SM 14
NAC RetireChoice SM 14 Fixed Index Annuity Consumer Brochure 16108Z REV 07-12 16108Z REV 12-13 Flexible Choices that Fit Most people dream about having a secure and comfortable retirement. And now because
More informationAnnuity Customer Identification and Suitability Confirmation Worksheet
Annuity Customer Identification and Suitability Confirmation Worksheet Thank you for your interest in purchasing an annuity offered by Guggenheim Life and Annuity Company, doing business in California
More informationPerformance Choice 8 Plus
Performance Choice 8 Plus Fixed Index Annuity 25371Z-43 PRT 4-17 Retirement planning starts with the Performance Choice 8 Plus Choosing the right accumulation vehicle for retirement can be difficult, especially
More informationRetirement Gold. American Equity. Gold Standard for a Secure Retirement. The one who works for you!
American Equity Gold Standard for a Secure Retirement The one who works for you! A Good Plan is Always Better Than a Good Guess The security of your future begins today with sound planning and building
More informationChoice 10. American Equity. Simple Choices for a Secure Retirement. The one who works for you!
American Equity Simple Choices for a Secure Retirement The one who works for you! A Good Plan is Always Better Than a Good Guess The security of your future begins today with sound planning and building
More informationBonus Gold. American Equity. Gold Standard for a Secure Retirement. The one who works for you!
American Equity Gold Standard for a Secure Retirement The one who works for you! A Good Plan is Always Better Than a Good Guess The security of your future begins today with sound planning and a dependable
More informationSUMMIT BONUS INDEX FIELD GUIDE SINGLE PREMIUM, DEFFERED ANNUITY
SUMMIT BONUS INDEX SINGLE PREMIUM, DEFFERED ANNUITY FIELD GUIDE SENTINEL SECURITY LIFE INSURANCE COMPANY PO BOX 27248 SALT LAKE CITY, UTAH 84127-0248 STATE OF DOMICILE: UTAH SSLIANFLDGD REV.062015 SUMMIT
More informationNorth American. Charter Plus 10. Fixed Index Annuity 25304Z-20 PRT 4-17
25304Z-20 PRT 4-17 North American Charter Plus 10 Fixed Index Annuity Retirement. many people, retirement is viewed as a time of rest and reflection. They have worked hard and planned diligently to ensure
More informationAthene Annuity and Life Company Certificate of Disclosure and Acknowledgement 7700 Mills Civic Parkway, West Des Moines, IA
Athene Performance Elite 10 Annuity Athene Annuity and Life Company Certificate of Disclosure and Acknowledgement 7700 Mills Civic Parkway, West Des Moines, IA 50266-3862 Single ed Deferred Annuity Mail
More informationIncome Pay. Optional Guaranteed Lifetime Benefit Rider. Consumer Brochure Z REV Z REV 12-16
Income Pay Optional Guaranteed Lifetime Benefit Rider Consumer Brochure 1 23047Z REV 12-16 23047Z REV 12-16 Drive Your Retirement Decisions For people age 40 and above interested in guaranteed income during
More informationCharter Plus 10 Fixed Index Annuity
25304Z REV 7-17 North American Charter Plus 10 Fixed Index Annuity Retirement. many people, retirement is viewed as a time of rest and reflection. They have worked hard and planned diligently to ensure
More informationChoice 10. American Equity. Simple Choices for a Secure Retirement. The one who works for you!
American Equity Simple Choices for a Secure Retirement The one who works for you! A Good Plan is Always Better Than a Good Guess The security of your future begins today with sound planning and a dependable
More informationGuarantee Ultimate II
Guarantee Ultimate II Multi-Year Guarantee Annuity Lock in Years of Financial Stability Today Z 25303Y PRT 8-15 PRT 4-17 Secure Your Retirement Savings with Guarantee Ultimate II Get more from your annuity
More informationAthene Annuity and Life Company. Take Control with Guaranteed Lifetime Income. Balanced Allocation Lifetime Income Rider Fixed Growth Option
Athene Annuity and Life Company Take Control with Guaranteed Lifetime Income Balanced Allocation Lifetime Income Rider Fixed Growth Option 57969 (08/16) Three Powerful Ways to Grow Retirement Income As
More informationTraditions Gold. American Equity. Gold Standard for a Secure Retirement. For use in California only. The one who works for you!
American Equity Gold Standard for a Secure Retirement The one who works for you! For use in California only. A Good Plan is Always Better Than a Good Guess The security of your future begins today with
More informationLifetime Income Benefit Rider
Choice Series Version American Equity Simple Choices for a Secure Retirement The one who works for you! Choice Series Version Lifetime Income Benefit Overview Available for issue ages 50 and above Provides
More informationAnnuities at. MNL Endeavor Fixed Index Annuity. Annuity. their Best
Annuity MNL Endeavor Fixed Index Annuity 19732Y PRT 3-15 FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES. Annuities at their Best All change is not growth, as all movement is not
More informationGuggenheim Life and Annuity Company. Preserve Multi-Year Guaranteed Annuity Product
Guggenheim Life and Annuity Company Preserve Multi-Year Guaranteed Annuity Product At Guggenheim Life, we are dedicated to serving the needs and financial goals of our customers. No Risk to Your Principal
More informationMidland National Fixed Annuity Product Guide
Midland National Fixed Annuity Product Guide Z 8942Y PRT REV 8-15-15-18 FOR FINANCIAL PROFESSIONAL USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES. This booklet includes product highlights
More informationNAC IncomeChoice SM 14
NAC IncomeChoice SM 14 Fixed Index Annuity Consumer Brochure 1 19073Z PRT 09-13 19073Z PRT 09-13 The Income You Need The Potential You Want Like many individuals, you ve probably spent years saving for
More informationApplication for FIXED DEFERRED ANNUITY
Application for FIXED DEFERRED ANNUITY Protective Life and Annuity Insurance Company Overnight U. S. Postal Mail Birmingham, Alabama 2801 Hwy 280 South P. O. Box 10648 Birmingham, Alabama 35223 Birmingham,
More informationNAC RetireChoice. Fixed Index Annuity. Consumer Brochure Z PRT Z PRT 9-15
NAC RetireChoice Fixed Index Annuity Consumer Brochure 1 22398Z PRT 9-15 22398Z PRT 9-15 Flexible Choices that Fit Most people dream about having a secure and comfortable retirement. And now because we
More informationProducer Guide. At Guggenheim Life and Annuity, we are dedicated to serving the needs and financial goals of our customers.
20 Producer Guide At Guggenheim Life and Annuity, we are dedicated to serving the needs and financial goals of our customers. Whether your clients are looking for a retirement plan that offers interest
More informationAthene Ascent SM Income Rider Athene Ascent SM 10 Bonus 2.0 Annuity Supplemental Illustration
Athene Ascent SM Income Rider Athene Ascent SM 10 Bonus 2.0 Annuity Supplemental Illustration Owner/Annuitant: Valued Client Issue age: 55 Assumed Issue Date: January 15, 2018 Assumes Initial Premium Amount
More informationWISCONSIN BUYER S GUIDE TO FIXED DEFERRED ANNUITIES
Annuity Service Center: P.O. Box 79907, Des Moines, Iowa 50325-0907 WISCONSIN BUYER S GUIDE TO FIXED DEFERRED ANNUITIES WHAT IS AN ANNUITY? An annuity is a written contract between you and a life insurance
More informationINCOME FOR LIFE ET-IBR(06-08) and ICC11-ET-IBR-B(11-11)
INCOME FOR LIFE ET-IBR(06-08) and ICC11-ET-IBR-B(11-11) Optional Rider Available on Fixed Index Annuities DISCLOSURE STATEMENT Some features of this Rider may vary by state. If you have any questions,
More informationAmerican Equity s. Choice 6. Protection. Income. Guaranteed. The one who works for you! For use in California only.
American Equity s Choice 6 Protection. Income. Guaranteed. The one who works for you! For use in California only. Choice 6 Fixed Index Annuity Every retirement is different, each with its own financial
More informationImportant Information About Your Investments
Primerica Advisors Important Information About Your Investments This brochure contains important information about investing with Primerica, Inc., a financial services company whose stock is traded on
More informationAviva Income Preferred Bonus
Aviva Income Preferred Bonus Fixed Indexed Annuity We are building insurance around you. 55542 (Rev. 8/12) What is a fixed indexed annuity? It is a contract between you and an insurance company. In return
More informationTHIS NOTICE IS DIRECTED TO:
THIS NOTICE IS DIRECTED TO: United States District Court for the Northern District of California NOTICE OF CLASS ACTION SETTLEMENT Goertzen v. Great American Life Insurance Co., Case No. 4:16-cv-00240
More informationJohn "Lifetime" Boomer. Michael J. Prestwich ImagiSOFT, Inc. PO Box Albuquerque, NM (877)
Prepared for: John "Lifetime" Boomer Illustration Date: April 5, 2011 Prepared by: Michael J. Prestwich ImagiSOFT, Inc. PO Box 13208 Albuquerque, NM 87192 (877) 510-4702 An illustration to help you securely
More informationMNL IndexBuilder SM Fixed Index Annuity
MNL IndexBuilder SM Fixed Index Annuity 10 25306Y REV 7-17 Retirement. many people, retirement is viewed as a time of rest and reflection. They have worked hard and planned diligently to ensure retirement
More informationAnnuities at. MNL IncomeVantage SM Fixed Index Annuity. Annuity. their Best
Annuity MNL IncomeVantage SM Fixed Index Annuity Annuities at their Best 19735Y PRT 10-14FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES. The Income You Need - The Potential You Want
More informationProvider Single Premium Immediate Annuity
Provider Single Premium Immediate Annuity Type Issue Ages Free Look Minimum/Maximum Contributions Income Options Single Premium Immediate Annuity (Product features may vary by state.) 0-95 Qualified and
More informationNAC IncomeChoice. Fixed Index Annuity. Consumer Brochure Z REV Z REV 2-17
NAC IncomeChoice Fixed Index Annuity Consumer Brochure 1 23713Z REV 2-17 23713Z REV 2-17 The Income You Need The Potential You Want Like many individuals, you ve probably spent years saving for retirement
More informationPreserve Multi-Year Guaranteed Annuity Product
GUGGENHEIM LIFE AND ANNUITY COMPANY Preserve Multi-Year Guaranteed Annuity Product guggenheim life AND annuity COMPANY Preserve Multi-Year Guaranteed Annuity Product It s never too early to start planning
More informationSafeguardElite SM 7 fixed index annuity
SafeguardElite SM 7 fixed index annuity Innovative safeguards and elite benefits 27589Z REV 10-18 Steady progress, ready defenses SafeguardElite SM 7 fixed index annuity offers a combination of features
More informationPerformance Choice. Fixed Index Annuity. Consumer Brochure Z PRT Z PRT 3-15
Performance Choice Fixed Index Annuity Consumer Brochure 1 19876Z PRT 3-15 19876Z PRT 3-15 Change is inevitable. Growth is intentional. Glenda Cloud Change is a constant throughout our lives. However,
More informationTake Control with Guaranteed Lifetime Income
BCA Elevate TM 12 Take Control with Guaranteed Lifetime Income Balanced Allocation Lifetime Income Rider Fixed Growth Option In FL, the Product Brochure is required to be used in conjunction with the Additional
More informationLet s Talk About: Required Minimum Distributions from Qualified Annuities. Your future. Made easier. SM ANNUITIES
Let s Talk About: Required Minimum Distributions from Qualified Annuities Not FDIC/NCUA Insured May Lose Value Not A Deposit Of A Bank Not Bank Guaranteed Not Insured By Any Federal Government Agency ANNUITIES
More informationAmerican Equity s. The. American. EAGLESeries. Premier Eagle10 (FPDA-7-08-FL) For use in Florida only. Declared Interest Rate Fixed Annuity
American Equity s The American EAGLESeries Premier Eagle10 (FPDA-7-08-FL) For use in Florida only. Declared Interest Rate Fixed Annuity Where Will Your Retirement Dollars Take You? RETIREMENT PROTECTION
More informationWriting the Business - Compliance Guide Retirement Solutions Division
Writing the Business - Compliance Guide Retirement Solutions Division For Producer Use Only. Not For Use With the Public. The Retirement Solutions Division of Pacific Life makes this Writing the Business
More informationLet s Talk About: Leaving a Lasting Legacy ANNUITIES. Your future. Made easier. SM
Let s Talk About: Leaving a Lasting Legacy ANNUITIES Your future. Made easier. SM Let s talk What is an annuity? Annuities are long-term insurance contracts designed for investing for retirement. They
More informationGUIDE TO BUYING ANNUITIES
GUIDE TO BUYING ANNUITIES Buying an Annuity Contract at HD Vest Before you buy any investment, it is important to review your financial situation, investment objectives, risk tolerance, time horizon, diversification
More informationNAC VersaChoice SM 10 Fixed Index Annuity
NAC VersaChoice SM 10 Fixed Index Annuity Get the versatility you want and the flexibility life demands 26351Z REV 10-3-17 Enhanced liquidity for whatever the future holds We can never know exactly what
More informationGuggenheim Life and Annuity Company. Preserve Multi-Year Guaranteed Annuity Product
Guggenheim Life and Annuity Company Preserve Multi-Year Guaranteed Annuity Product At Guggenheim Life, we are dedicated to serving the needs and financial goals of our customers. No Risk to Your Principal
More informationDominator Plus SM Annuity Statement of Understanding
Allianz Life Insurance Company of North America PO Box 59060 Minneapolis, MN 55459-0060 800.950.7372 Dominator Plus SM Annuity Statement of Understanding Thank you for considering the Dominator Plus Annuity.
More informationNAC IncomeChoice SM. Fixed Index Annuity. Consumer Brochure Z PRT Z PRT 10-14
NAC IncomeChoice SM Fixed Index Annuity Consumer Brochure 1 19877Z PRT 10-14 19877Z PRT 10-14 The Income You Need The Potential You Want Like many individuals, you ve probably spent years saving for retirement
More informationLifetime Income Benefit Rider
Eagle Life s Lifetime Income Benefit Rider With Optional Wellbeing Benefit Optional Income Rider EAGLE INSURANCE COMPANY Lifetime Income Benefit Rider An Optional Income Rider Fixed index annuities are
More informationDISCLOSURE AND COMPARISON OF ANNUITY CONTRACTS
DISCLOSURE AND COMPARISON OF ANNUITY CONTRACTS Existing Annuity Contract Proposed Annuity Contract Annuitant(s): Annuitant(s): Insurer: Insurer: Contract #: Application #: For explanation of following
More informationINCOME PAY OPTIONAL GUARANTEED LIVING BENEFIT RIDER 14192Z PRT 08-10
INCOME PAY OPTIONAL GUARANTEED LIVING BENEFIT RIDER 14192Z PRT 08-10 DRIVE YOUR RETIREMENT DECISIONS For people age 40 and above interested in guaranteed income during their retirement, the Income Pay
More informationBuyer's Guide To Fixed Deferred Annuities
Buyer's Guide To Fixed Deferred Annuities Prepared By The National Association of Insurance Commissioners The National Association of Insurance Commissioners is an association of state insurance regulatory
More informationPremier Eagle 10. Declared Interest Rate Fixed Annuity. The one who works for you!
Premier Eagle 10 Declared Interest Rate Fixed Annuity The one who works for you! Where Will Your Retirement Dollars Take You? RETIREMENT PROTECTION ASSURING YOUR LIFESTYLE As Americans, we work hard everyday
More informationVariable Deferred Annuity
May 1, 2017 State Farm Life Insurance Company P R O S P E C T U S Variable Deferred Annuity profile Profile Dated May 1, 2017 STATE FARM VARIABLE DEFERRED ANNUITY POLICY STATE FARM LIFE INSURANCE COMPANY
More informationSUPPLEMENT DATED JUNE 1, 2018
SUPPLEMENT DATED JUNE 1, 2018 TO THE PROSPECTUSES DATED MAY 1, 2018 FOR INSURED SERIES POLICY ISP CHOICE (With Four Premium Payment Period Options) ISP CHOICE (With Two Premium Payment Period Options)
More informationLIBERTY ANNUITY. Champion. Consumer Summary and Disclosure. WL Liberty Champion Annuity A ew Equity Indexed Annuity for Long Term Accumulation
Consumer Summary and Disclosure LIBERTY Champion ANNUITY WL Liberty Champion Annuity A ew Equity Indexed Annuity for Long Term Accumulation Group Policy Form 01-1128-02 and State Variations Thereof Group
More informationNewly Revised Suitability and Product Comparison Worksheets Now Available
d l e Fi te a d p U Newly Revised Suitability and Product Comparison Worksheets Now Available December 20, 2011 After a detailed review of the suitability and comparison worksheets used with new annuity
More informationMasterDex 10 Annuity Statement of Understanding
Allianz Life Insurance Company of North America PO Box 59060 Minneapolis, MN 55459-0060 800.950.7372 MasterDex 10 Annuity Statement of Understanding Thank you for considering the MasterDex 10 Annuity from
More informationAdvisor s Edge SM NY Variable Annuity Prospectus May 2013
Advisor s Edge SM NY Variable Annuity Prospectus May 2013 Advisor s Edge SM NY Variable Annuity Prospectus Annuities issued by: VAENY0513 THE ADVISOR S EDGE SM NY VARIABLE ANNUITY Issued Through TFLIC
More informationIncome Select Plus Tax-Deferred Annuity
Income Select Plus Tax-Deferred Annuity Retirement has taken on a different look over the past 20 years. Product issued by American Investors Life Insurance Company, Inc. Income Select Plus Individuals
More informationFOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES.
At a Glance A Quick Overview of Our Complete Product Line 221NM FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES. 11-18 AT A GLANCE: THE QUICK WAY TO GET AN OVERVIEW OF NORTH AMERICAN
More informationFREQUENTLY ASKED SUITABILITY QUESTIONS
FREQUENTLY ASKED SUITABILITY QUESTIONS AGENT GUIDE FREQUENTLY ASKED SUITABILITY QUESTIONS AGENT GUIDE 11838Z REV 10-14 FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES. Suitability
More informationNAC IncomeChoice 10 Fixed Index Annuity
NAC IncomeChoice 10 Fixed Index Annuity 25432Z REV 7-17 The income you need, the potential you want - NAC IncomeChoice 10 One of the biggest frustrations you may face today is securing a retirement paycheck
More informationGuarantee Choice SM 3
North American Guarantee Choice SM 3 Lock in years of financial stability today 26097Z-3 REV 5-15-18 Secure your retirement savings with North American Guarantee Choice 3 Get more from your annuity with
More information* * ANNUITY SUITABILITY QUESTIONNAIRE.
ANNUITY SUITABILITY QUESTIONNAIRE Athene Annuity and Life Company Mailing Address: PO Box 1555, Des Moines, IA 50306-1555 Overnight Address: 7700 Mills Civic Parkway, West Des Moines, IA 50266-3862 Annuity
More informationOptions A, D, and J: Interest on the Account Value is linked in part to the S&P 500 ** Composite Stock Index
NWL IMPACT 7 Name of Plan Product Type Equity Indexing Interest Strategies NWL IMPACT 7 Form 01-1160-10 and state variations FPDA Lookback Feature, Annual Ratchet with Monthly Index Average, Participation
More informationAthene Ascent SM 10 Bonus 2.0 Annuity
A single premium fixed indexed deferred annuity A single premium fixed indexed deferred annuity is a long-term retirement savings product that can help protect you from outliving your money. It s a contract
More informationSafe Money Places ING FIXEDDESIGN
Annuities Annuities Safe Money Places ING FIXEDDESIGN Annuities are: Not FDIC/NCUA Insured Not A Deposit Of A Bank Not Bank Guaranteed May Lose Value Not Insured By Any Federal Government Agency How Money
More informationAvoid Annuity Traps Page 1
Avoid Annuity Traps Page 1 Thinking About Purchasing An Annuity? Are you thinking about purchasing an annuity? Or maybe you already own one and are considering surrendering it? If so, then before you do
More information