MarketSeven Index Rate & Reviews

MarketSeven Index

MarketSeven Index is a Flexible Premium Fixed Index Deferred Annuity with an income benefit rider option. The product contains a Fixed-Rate Account and a variety of Index Accounts, three of which feature custom, risk-controlled indices: Barclays Focus50 Index and S&P MARC 5% Excess Return Index.

Available in states: AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY

Allocation Accounts

Name	Type	Rates
1-Year Fixed Account	Fixed	5% Fixed
2-Year Barclays Focus 50 PTP Participation Rate	Point to Point Biennial	220% Participation
1-Year S&P MARC 5% ER PTP Participation Rate	Point to Point Annual	195% Participation
1-Year Barclays Focus 50 PTP Participation Rate	Point to Point Annual	170% Participation
1-Year S&P 500 PTP Cap	Point to Point Annual	10% Cap
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	40% Participation
1-Year S&P 500 PTP Monthly Average Cap	Point to Point Annual Monthly average	11% Cap
1-Year S&P 500 PTP Monthly Average Participation Rate	Point to Point Annual Monthly average	65% Participation
1-Year S&P 500 PTP Monthly Sum Cap	Point to Point Annual Monthly sum	3% Cap
2-Year S&P 500 PTP Monthly Average Cap	Point to Point Biennial Monthly average	20% Cap

Surrender schedule

Year	1	2	3	4	5	6	7
Penalty	9%	8%	7%	7%	6%	5%	4%

Riders

Name	Inbuilt	Fee
Market Seven Income Rider	No	1.25% annually (1.25% max)