ForeCare

Retirement should offer peace of mind and ForeCare delivers just that. ForeCare is a unique fixed annuity product offering double or triple the amount for Long-Term Care (LTC). With a quick qualification process and individual control over how care is received, it provides More Care, More Convenience, and More Control.

The ForeCare fixed annuity assures a minimum of 1% growth during the withdrawal charge period, protecting your money as it accumulates. Plus, having a well-planned LTC strategy ensures you won't have to deplete your assets during an unexpected health crisis. ForeCare is truly a solid addition to any retirement strategy.

ForeCare

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About Product

Premium Type

Single Premium

Fee withdrawal:

10%

Market Value Adjustment

Yes

Return Of Premium

Maximum Contribution

$600,000

Types Of Funds

Non-Qualified

Launch Date

11/07/2011

Traditional Fixed Annuity Interest Rates

Surrender Years	First Year Yield	Term Guaranteed Yield	Term Current Yield
9	5.5%	1.5%	5.5%

ForeCare is a single premium deferred annuity with Long-Term Care Benefits and may include a market value adjustment. The initial minimum contribution is $35,000 for Single and Joint (Standard and Premier), Net of any Optional rider charges if elected (state variations apply).

Premium amount:

Single $35,000–$400,000
Joint $35,000–$600,000

Issue ages
Ages: Insured 50-80, Owner/Annuitant 0-85.
Ownership may be single or joint, insured must be the owner and/or the owner’s spouse. If the Owner is not a living person, then the Owner must be a Grantor Trust and the Insured(s) must be the grantor or Spouse of the grantor. If the Owner is not a living person, an Insured must be the Annuitant or the Spouse of the Annuitant.

Optional Benefits:

Long-Term Care Benefits
Optional Nonforfeiture Benefit
Optional Inflation Protection Benefit

Long Term Care
10% of the beginning of year Contract Value can be withdrawn each year without incurring Withdrawal Charges, except in any year where a full surrender occurs. Long term care benefit claims will reduce the amount available for the 10% Free Withdrawals.

Systematic withdrawals are an option
Surrender charges nine years in duration (8, 8, 7, 6, 5, 4, 3, 2, 1) and are waived when Long-Term Care Benefits are payable for that covered Service under the following benefits:

The Home Health Care Services;
The Assisted Living Facility Services;
The Nursing Home Facility Services; or
The Bed Reservation Services.

Withdrawals and taxable distributions may be subject to ordinary income tax and if made prior to age 59 1/2, may also be subject to a 10% federal income tax penalty. Early surrender charges may also apply. Guarantees based on claims paying ability of insurer. Products / features may not be available in all states. This is an annuity contract issued by an insurance company and not a bank product protected by the FDIC.

Free Withdrawals

The free withdrawal amount is 10% of the beginning-of-year contract value (except in year of full surrender). (State variations apply. )
Withdrawals, other than for qualified long-term care expenses, will adversely affect the amount of coverage for long-term care benefits in the future.
Charges and MVAs are waived when withdrawals are made for qualified long-term care reimbursements.