Fixed index annuity review and rates

SecureLink Chronic Illness Access

The SecureLink Chronic Illness Access fixed indexed annuity is designed for clients who desire growth but may also be concerned about paying for care in the event of a chronic or terminal illness.
Available in states: AL, AK, AZ, AR, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WV, WI, and WY

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
2.6% Fixed
1-Year MSCI EAFE PTP Cap
Point to Point
Annual
6.15% Cap
1-Year S&P 500 PTP Cap
Point to Point
Annual
6.2% Cap
1-Year Barclays Trailblazer Sectors 5 PTP Participation Rate
Point to Point
Annual
145% Participation
1-Year SG Climate Prepared PTP Participation Rate
Point to Point
Annual
145% Participation
1-Year Fixed Account
Fixed
2.75% Fixed
1-Year MSCI EAFE PTP Cap
Point to Point
Annual
6.5% Cap
1-Year S&P 500 PTP Cap
Point to Point
Annual
6.5% Cap
1-Year Barclays Trailblazer Sectors 5 PTP Participation Rate
Point to Point
Annual
150% Participation
1-Year SG Climate Prepared PTP Participation Rate
Point to Point
Annual
150% Participation

Surrender schedule

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

Riders

Name Inbuilt Fee
Accelerated Death Benefit Rider (ages 70 and under) Yes 0.75% annually
Accelerated Death Benefit Rider (ages 71-75) Yes 1.15% annually
Securian Life Insurance Company
Founded: 1880
A.M. Best: A+
Fitch: AA
S&P: A+
Moody's: Aa3
Carrier details
Free withdrawal
10%
Surrender schedule
7 years
Return of premium
Market value adjustment
Minimum contribution
$20,000
Types of funds
Non-Qualified, IRA, IRA-Roth, 1035 Exchange, and Inherited IRA