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
Brochure
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