Bonus Single Premium Annuity

Single premium deferred annuity. Bonus determined by amount of premium.

Premium
Minimum premium $10,000
No additional premium accepted after issue.

Interest Rates
At issue, the current crediting interest rate will be set with the rate guaranteed for 1 year. Thereafter, on each anniversary, a new crediting rate will be set for the next year. This rate will not be less than the guaranteed minimum interest rate set at issue. This rate may be different from the interest rate for new issues of this contract at that time.

Death Benefit
Upon death of the annuitant, the account value will be paid.

Premium Bonus (Bonus requires a minimum deposit of $10,000.)
At issue, a bonus of 4 to 8% of the premium received will be credited to the account balance as interest.

Free Withdrawals
After the first year, one withdrawal per year of up to 10% of the account value may be taken without a surrender charge. For qualified annuities, any Required Minimum Distribution is not subject to surrender charges and is in addition to the once a year free withdrawal.

Annuitization Payment Options