0.00% 

The guaranteed minimum interest rate is 3.00% on 84% on all 1st year premiums and premium bonus.  3.00% on 87.5% on add'l premium after 1st year, compounded annually.

There is a guaranteed 5% Premium Bonus on all 1st year premiums.  

Initial minimum is $5000 NQ & Q.

Maximum Premium:
Issue Ages 0-69     $1,000,000 
Issue Ages 70-74      $750,000 
Issue Ages 75-80      $500,000 

Additional premiums are automatically added to the Fixed Value and will remain there unless otherwise elected under the Transfer of Values Option on next Contract Anniversary.  Minimum additional premium is $50. 

12 

0 - 80 

There are 12 years of surrender penalties.  The penalties are expressed as a percent of accumulation value:
15%, 14%, 13%, 12%, 11%, 10%, 8.5%, 7%, 5.5%, 4%, 2.5%, 1%

Normally the Death Benefit is full Contract Value at first to die of Owner or Annuitant.  For Joint Annuitants, it is paid at the second death.  This benefit can vary by contract form and state and may not always be guaranteed.  Accordingly, please confirm for each state and contract.

Minimum Guaranteed Surrender Value: 90% of all premiums, less withdrawal proceeds, at 3.5% during Contract Years 1-5 and 3% thereafter. 
 

10% of Contract Value annually, starting in year 2.  Systematic withdrawals and LERO immediately from Fixed Value (this benefit is not guaranteed and subject to change).

Partial withdrawals are permitted at any time (subject to applicable Surrender Charges).  In certain situations, most Contracts also allow Penalty-free Withdrawals up to a stated maximum amount.  Individual contracts forms define these limits.

Most Contracts allow some form of partial Penalty-free Withdrawal after the first Contract Anniversary.  This generally amounts to 10% of the Contract Value once each year.  It is also Company practice to permit first year withdrawals for IRS minimum distribution rules (qualified plans) or of interest earned up to 10% of Contract Value penalty-free.  Any Penalty-free Withdrawal made within 12 months of a full Surrender has Surrender Charges recovered.  This procedure varies by product and by contract.  See specific disclosure forms for details. 

Through the Company’s special Systematic Withdrawal service, they process partial withdrawals on a monthly, quarterly, semi-annual or annual mode.  This feature may be used to distribute interest only, a fixed amount, a fixed percentage of the Contract Value or the IRS minimum distribution amount for qualified plans.
 

The product offers an option of nine investment choices:
Fixed Account
S&P Annual Monthly Average w Cap
S&P Annual Monthly Average w PR
S&P Monthly Pt to Pt w Cap
S&P Annual Point to Point w PR
S&P Annual Point to Point w Cap
Dow Jones Annual Monthly Average w Cap
Dow Jones Annual Pt to Pt w Cap
10-Year U.S. Treasury Bond

All crediting options reset annually.	
 

AE_Rates.pdf 

Annual Statement of Value is provided at least once a year showing all transaction activity and values.

Lifetime Income Benefit Rider-2010
Allows owner/annuitant to receive guaranteed income for life w/o annuitization. The income amount is a percentage of the Income Amount Value (IAV) based on the age at time of election. IAV equals all 1st year premiums plus Premium Bonus plus either 5% or 8% annual interest for the ten year IAV period, or until the LIB payments begin. There is no charge for the 5% IAV rate. For the 8% IAV rate option, a 0.60% rider fee is taken from the contract value every year the LIBR remains active. After ten years, there a restart provision for another ten years at which time the rider fee charge is subject to change.  If the IAV is less than the contract value, the IAV will step up to equal the contract Value.

Owner/annuitant eligible to elect LIB payments at age 50 and after the first contract year.  LIB payments may also be stopped and restarted at O/A discretion.

LEVEL PAYMENT OPTION
O/A Age                   Single O/A                  Joint O/A
at election of LIB       % of IAV                    % of IAV
50-59                            4%                            3.5%
60-69                            5%                            4.5%
70-79                            6%                            5.5%
80+                              7%                             6.5%
			
INCREASING PAYMENT OPTION
O/A Age                   Single O/A                  Joint O/A
at election of LIB       % of IAV                    % of IAV
50-59                            3%                            2.5%
60-69                            4%                            3.5%
70-79                            5%                            4.5%
80+                              6%                             5.5%
*The current payment increasing percentage is 3%

The decision  to choose a payout option is done at the time income is elected.

Nursing Care Rider (NCR-2) and Terminal Illness Rider (TIR-1) added automatically, at no cost, where available, for Annuitants issue ages under 75.

On each Contract Anniversary you may transfer money between crediting accounts.  The minimum transfer to select a new Value is 10% of the Contract Value.  The minimum balance to maintain a Value is $1,000.

You may make additional premium payments in any amount and frequency.
  
Normally, annuitization benefits are based on the Contract Value at the Maturity Date and on the Cash Surrender Value before the Maturity Date.  It is Company practice to apply the Contract Value if a life expectancy option is chosen or if the Settlement Option is at least two times the number of remaining Surrender Charge years, subject to the Contract’s minimum payout period.  This Company practice does not apply to Contracts with fixed Maturity Dates, is not guaranteed, is subject to change and varies by contract form.

Corporations may be accepted as Owners of deferred annuities if the Contracts are issued for the benefit of the named Annuitant (maximum issue age is 70). However, earnings are reported as taxable gain each year.

Interest is compounded and credited daily.

Minimum guaranteed interest rates may vary by state.

Age is based on the Annuitant/Owner’s last birthday.

Special benefit riders such as Nursing Care, Terminal Illness and Transfer of Values are subject to various conditions and restrictions regarding issue ages, benefit amounts and eligibility. They may not be available on all annuity contracts and may vary by state.

If allowed, Systematic Withdrawals will commence no earlier than 30 after the contract is issued and/or written request is received.  They may be changed once each contract year with 30 days notice. The minimum must be $50 and once started will continue until notice to change or terminate is received.

**Special licensing requirements for AL 

Commission         
Age  NQ/Q	   Year 1      Year 2       Year 3  
0-75 NQ/Q   5.63%	   0.98%	    1.08%      
76-80 NQ/Q  4.22%       0.74%	    0.81%       

Commission listed above in years 2 & 3 for premiums received in 1st year.

**Additional money added in years 2-5 is 2.75% ages 0-75; 2.06% ages 76-80

AK
Age   NQ/       Year 1      Year 2	   Year 3
0-57  NQ/Q      5.63%	     0.98%     1.08%	            
58-75 NQ/Q     4.50%      0.79%     0.86%
76-80  NQ/Q    3.38%      0.59%     0.64%    
 
Commission listed above in years 2 & 3 for premiums received in 1st year.

**Additional money added in years 2-5 is 2.75% ages 0-75; 2.06% ages 76-80

First year commission is charged back if the Annuitant or Owner dies of natural causes before the first Contract 
Anniversary and the Contract Value is paid out in a lump sum.  Recovery is prorated 1/12 for each month the Contract is in force.   

Alabama
Connecticut
Delaware
Minnesota
New York
Oregon
Puerto Rico
Texas
Utah
Washington