North American Company for Life and Health
4.5
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NAC Secure Horizon Choice 5

The NAC Secure Horizon Choice 5 annuity is a fantastic option for soon-to-be or current retirees looking for financial security. This annuity stands out with its dependable income stream and protection of your initial investment.

With NAC, you know you're in good hands. The flexibility it offers in terms of withdrawal and the peace of mind with a 5-year rate guarantee make it a top choice for anyone planning for the future.

NAC Secure Horizon Choice 5-brochure NAC Secure Horizon Choice 5-brochure

NAC Secure Horizon Choice 5

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About Product

Type
Fixed Index
Purpose
Accumulation +ADL/Legacy/Income
Term
5 Years
Surrender schedule
9%
8%
7%
6%
5%
Fee withdrawal:
10%
Market Value Adjustment
Yes
Return Of Premium
No
Minimum Contribution
$25,000
Maximum Contribution
$2,000,000
Max Age Qualified
85
Types Of Funds
Non-Qualified, IRA, IRA Rollover, IRA Transfer, SEP IRA, and IRA-Roth
Launch Date
01/24/2023
The North American Secure Horizon Choice, a fixed index annuity, can help you confidently take control of your financial future. Secure Horizon Choice offers protection, an enhanced opportunity for growth, and tax deferral.
With Secure Horizon Choice, you can customize your growth strategy according to your retirement needs. You have the opportunity to earn interest based on the positive performance of one or more broadly diversified U.S. and global indices. Interest credits, if any, are calculated based on the strategy option you select. Any interest credited at the end of the strategy term is based on positive index performance and crediting strategy components. In addition, premium allocated to the Fixed Account will earn the current interest rate, which is credited daily.

Performance Strategy Ladder
The Term Point-to-Point Participation Rate Strategy Ladder (or Strategy Ladder) and Term Point-to-Point Participation Rate Strategy Ladder with Strategy Charge (or Strategy Ladder with Strategy Charge) methods allocate your premium equally across five index account Strategies with different term lengths. This combination of term lengths is designed to take advantage of higher participation rates generally associated with longer terms. Because at least one strategy’s term will end each Contract year, the Strategy Ladder and Strategy Ladder with Strategy Charge also provide the potential for interest credits each year.
At the end of each Strategy or sub-allocation’s term length, the accumulation value allocated to that sub-allocation may receive interest credits and will then automatically transfer to a new Strategy with a new term length and participation rates that will be declared at that time. The Strategy Ladder and Strategy Ladder with Strategy Charge will end at the end of the 5th Contract year and all funds will then be allocated to a One-year Point-to-Point with Participation Rate or One-year Point-to-Point with Participation Rate and Strategy Charge respectively unless you instruct otherwise.
You may only allocate premium to the Strategy Ladder and Strategy Ladder with Strategy Charge on the Contract’s issue date.

**Please note: The Retirement Benefits Rider is not displayed in the calculators because it does not have a lifetime income feature.
Available in states: AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY

Allocation Accounts

Name Type Rates
3-Year Term S&P PRISM PTP Participation Rate
Performance Ladder
Triennial
245% Participation
5-Year Term Loomis Sayles Managed Futures PTP Participation Rate
Performance Ladder
5-Year
405% Participation
4-Year Term Loomis Sayles Managed Futures PTP Participation Rate
Performance Ladder
4-Year
345% Participation
3-Year Term Loomis Sayles Managed Futures PTP Participation Rate
Performance Ladder
Triennial
330% Participation
2-Year Term Loomis Sayles Managed Futures PTP Participation Rate
Performance Ladder
Biennial
285% Participation
1-Year Term Loomis Sayles Managed Futures PTP Participation Rate
Performance Ladder
Annual
210% Participation
5-Year Term Loomis Sayles Managed Futures PTP Participation Rate
Performance Ladder
5-Year
355% Participation
4-Year Term Loomis Sayles Managed Futures PTP Participation Rate
Performance Ladder
4-Year
295% Participation
3-Year Term Loomis Sayles Managed Futures PTP Participation Rate
Performance Ladder
Triennial
280% Participation
2-Year Term Loomis Sayles Managed Futures PTP Participation Rate
Performance Ladder
Biennial
235% Participation
1-Year Term Loomis Sayles Managed Futures PTP Participation Rate
Performance Ladder
Annual
170% Participation
5-Year Term S&P PRISM PTP Participation Rate
Performance Ladder
5-Year
285% Participation
4-Year Term S&P PRISM PTP Participation Rate
Performance Ladder
4-Year
255% Participation
2-Year Term S&P PRISM PTP Participation Rate
Performance Ladder
Biennial
215% Participation
1-Year Term S&P PRISM PTP Participation Rate
Performance Ladder
Annual
165% Participation
5-Year Term S&P PRISM PTP Participation Rate
Performance Ladder
5-Year
250% Participation
4-Year Term S&P PRISM PTP Participation Rate
Performance Ladder
4-Year
215% Participation
3-Year Term S&P PRISM PTP Participation Rate
Performance Ladder
Triennial
205% Participation
2-Year Term S&P PRISM PTP Participation Rate
Performance Ladder
Biennial
180% Participation
1-Year Term S&P PRISM PTP Participation Rate
Performance Ladder
Annual
135% Participation
1-Year Fixed Account
Fixed
3.5% Fixed
1-Year Loomis Sayles Managed Futures PTP Participation Rate
Point to Point
Annual
210% Participation
1-Year Loomis Sayles Managed Futures PTP Participation Rate
Point to Point
Annual
170% Participation
1-Year S&P PRISM PTP Participation Rate
Point to Point
Annual
165% Participation
1-Year S&P PRISM PTP Participation Rate
Point to Point
Annual
135% Participation
1-Year S&P 500 PTP Cap
Point to Point
Annual
7.5% Cap

Surrender schedule

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

Hypothetical Projection

Comparison against S&P 500 using current rates
indexed chart
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Riders

Name Inbuilt Fee
Secure Horizon Choice Retirement Benefits Rider No 0.50% annually
Secure Horizon Choice Retirement Benefits Rider (OH) No 0.50% annually

Waivers

Nursing Home

Unavailable in states: CA, and SD

After the first Contract anniversary, if the covered person provides proof of a medically necessary confinement to a qualified nursing care center (skilled nursing facility or residential care facility for the elderly in California) for at least 90 consecutive days (some states may vary) you may withdraw up to 100% of your accumulation value without a surrender charge or MVA. If you withdraw 100% of your accumulation value, your Contract will terminate. This waiver is automatically included with your annuity at no additional charge. Potential interest credits for any partial crediting term are not available with this benefit and are only available as part of the Contract death benefit.

Premium Notes

Issue Ages
0-85 (base product only)

Minimum Premium
Single premium, $25,000, qualified, and non-qualified 

Withdrawal Provisions

Penalty-free WithdrawalsBeginning in the second contract year, once each contract year the client may take a penalty-free withdrawal (also known as a penalty-free partial surrender), without surrender charges or market value adjustment, of up to 10% of the beginning of year accumulation value. Market Value Adjustment (MVA) An adjustment applied only during the surrender charge period to full surrenders and any partial surrenders in excess of the Penalty-free Partial Surrender Allowance. The MVA will not be applied upon death. 

Company Founded: 1886
TOP Rated Company
North American Company for Life and Health
Company Ratings
5
  • A.M. Best A+
  • Fitch A+
  • S&P A+
  • Comdex 89
Assets: $39,625,115,715
Iowa

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