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Best Guaranteed Annuity Rates
2-Year
5.70%
3-Year
6.25%
5-Year
6.50%
7-Year
5.85%
10-Year
5.80%

Bridge

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Highlights

Bridge is a flexible-premium, fixed index deferred annuity with Long-Term Care (LTC) Rider and NeverStop Wellness Program. For Non-Qualified funds only.
Available in states: AL, AK, AZ, AR, CO, DE, DC, FL, GA, HI, ID, IL, IA, KS, KY, LA, ME, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, WA, WV, WI, and WY
Type
Fixed Index
Purpose Long-Term Care
Term
10 Years
Surrender schedule
9%8%7%6.5%5.5%4.5%3.5%2.5%1.5%0.5%
Free withdrawal
1st year: 0%
2nd+ year: 10%
Flexible premium Product Life
Market value adjustment
Return of premium
Launch date
11/15/2022
Minimum contribution
$50,000
Maximum contribution
$1,000,000
Max Age Qualified
80
Types of funds
Non-Qualified
Brochure
Open brochure

Find out if the Bridge is the right product for you.

Premium Notes

Applicant Ages
55-80, all Owners/Annuitants. Annuitant must be the Owner unless trust-owned. Joint ownership not allowed.

Initial Premium
Minimum: $50,000;
Long-term care coverage limit Year 1: $1,000,000 
Additional Premium
Subsequent minimum: $2,000
Subsequent annual maximum after year 1: $250 000

Withdrawal Provisions

Free Withdrawals
By current company practice, systematic withdrawals of interest are allowed in the first year from the 1-Year Interest Account without charges. 
After the first contract year, up to 10% of the Accumulation Value on the previous contract anniversary may be withdrawn each contract year without Surrender Charge or MVA, either systematically or as a single withdrawal. Single withdrawals can be requested at any time, but must be at least $250 per request. Systematic withdrawals are available monthly, quarterly, semiannually or annually, and must be taken by EFT. 

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
5% Fixed
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
50% Participation
1-Year S&P 500 PTP Monthly Average Participation Rate
Point to Point
Annual
Monthly average
100% Participation
1-Year Barclays Focus 50 PTP Participation Rate
Point to Point
Annual
150% Participation
1-Year S&P MARC 5% ER PTP Participation Rate
Point to Point
Annual
175% Participation

Surrender schedule

Year 1 2 3 4 5 6 7 8 9 10
Penalty 9% 8% 7% 7% 6% 5% 4% 3% 2% 1%

Riders

Name Inbuilt Fee
Long-Term Care Rider Yes 1.00% annually

Waivers

Nursing Home

Included for all applicant ages at no charge. After the first contract year, access up to 100% of the Accumulation Value in the event of nursing home confinement of owner for 90 days.

Terminal Illness

Included for all applicant ages at no charge. After the first contract year, owner may access up to 75% of the Accumulation Value in the event of the owner’s terminal illness.

Annuitization

On the Income Date, the Accumulation Value is applied to the payment option elected. The Income Date is the first contract anniversary after the Annuitant’s 100th birthday. By current company practice, the Accumulation Value is available for annuitization after the fifth year if a minimum payout of five years or life is elected.

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