North American Company for Life and Health

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NAC VersaChoice 10

The NAC VersaChoice 10 is the perfect product for retirees hoping to get steady income during their golden years. It offers the security of guaranteed income and lets you choose your payout schedule. A great partner for meaningful restment!

In addition, your investment is also protective from market downturns. Even in uncertain times, you'll have something reliable to fall back on. A sound choice for a worry-free retirement!

NAC VersaChoice 10

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Your State

Investment

Your Gender

Your Age

Retire At

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About Product

Type

Fixed Index

Purpose

Accumulation

Term

10 Years

Surrender schedule

10%

Fee withdrawal:

10%

Market Value Adjustment

Yes

Return Of Premium

Minimum Contribution

$20,000

Maximum Contribution

$2,000,000

Max Age Qualified

Types Of Funds

Non-Qualified, IRA, IRA Rollover, IRA Transfer, SEP IRA, IRA-Roth, SIMPLE IRA, NQ Stretch, and TSP

Launch Date

10/03/2017

NAC VersaChoice 10 is a modified single premium, fixed index annuity with an optional rider for an additional fee that allows you access to more of your money, sooner. The value will grow at a rate based on the fixed or index account (or index accounts) you choose. Index accounts are tied to market performance, but they are not an actual investment in the stock market. You will get credit for some of the market’s growth in up times. In down times, when the market sees zero gains or actually loses value, your premium will never be at risk of decreasing due to those losses.

In all states except Florida, by current company practice, you may receive an income from the accumulation value after the first contract year (without surrender charges or market value adjustment) if you choose a life income option. You can also receive an income based on the accumulation value if your annuity has been in force for at least five years and you elect to receive payments over at least a 5-year period.

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
1-Year Fixed Account	Fixed	2.8% Fixed
1-Year Morgan Stanley Dynamic Global PTP Participation Rate	Point to Point Annual	105% Participation
2-Year Morgan Stanley Dynamic Global PTP Participation Rate	Point to Point Biennial	150% Participation
1-Year Morgan Stanley Dynamic Global PTP Enhanced Participation Rate	Point to Point Annual	155% Participation
2-Year Morgan Stanley Dynamic Global PTP Enhanced Participation Rate	Point to Point Biennial	215% Participation
2-Year S&P MARC 5% ER PTP Participation Rate	Point to Point Biennial	140% Participation
1-Year S&P MARC 5% ER PTP Participation Rate	Point to Point Annual	95% Participation
2-Year S&P 500 PTP Participation Rate	Point to Point Biennial	30% Participation
1-Year S&P 500 PTP Monthly Sum Cap	Point to Point Annual Monthly sum	1.55% Cap
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	25% Participation
1-Year S&P 500 PTP Cap	Point to Point Annual	7.75% Cap
2-Year Fidelity Multifactor Yield 5% ER PTP Enhanced Participation Rate	Point to Point Biennial	215% Participation
1-Year Fidelity Multifactor Yield 5% ER PTP Enhanced Participation Rate	Point to Point Annual	150% Participation
2-Year Fidelity Multifactor Yield 5% ER PTP Participation Rate	Point to Point Biennial	150% Participation
1-Year Fidelity Multifactor Yield 5% ER PTP Participation Rate	Point to Point Annual	100% Participation
1-Year Fixed Account	Fixed	3.05% Fixed
1-Year Morgan Stanley Dynamic Global PTP Participation Rate	Point to Point Annual	130% Participation
2-Year Morgan Stanley Dynamic Global PTP Participation Rate	Point to Point Biennial	175% Participation
1-Year Morgan Stanley Dynamic Global PTP Enhanced Participation Rate	Point to Point Annual	170% Participation
2-Year Morgan Stanley Dynamic Global PTP Enhanced Participation Rate	Point to Point Biennial	240% Participation
1-Year Fidelity Multifactor Yield 5% ER PTP Enhanced Participation Rate	Point to Point Annual	165% Participation
2-Year Fidelity Multifactor Yield 5% ER PTP Participation Rate	Point to Point Biennial	175% Participation
1-Year Fidelity Multifactor Yield 5% ER PTP Participation Rate	Point to Point Annual	125% Participation
2-Year S&P MARC 5% ER PTP Participation Rate	Point to Point Biennial	165% Participation
2-Year S&P 500 PTP Participation Rate	Point to Point Biennial	35% Participation
1-Year S&P MARC 5% ER PTP Participation Rate	Point to Point Annual	120% Participation
1-Year S&P 500 PTP Monthly Sum Cap	Point to Point Annual Monthly sum	1.7% Cap
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	30% Participation
1-Year S&P 500 PTP Cap	Point to Point Annual	8.75% Cap
2-Year Fidelity Multifactor Yield 5% ER PTP Enhanced Participation Rate	Point to Point Biennial	240% Participation
1-Year Goldman Sachs Equity TimeX PTP Participation Rate	Point to Point Annual	50% Participation
2-Year Goldman Sachs Equity TimeX PTP Participation Rate	Point to Point Biennial	70% Participation
1-Year Goldman Sachs Equity TimeX PTP Participation Rate	Point to Point Annual	60% Participation
2-Year Goldman Sachs Equity TimeX PTP Participation Rate	Point to Point Biennial	85% Participation

Surrender schedule

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

Hypothetical Projection

Comparison against S&P 500 using current rates

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Investment Amount

Riders

No Riders for NAC VersaChoice 10 annuity.

Waivers

No Waivers for NAC VersaChoice 10 annuity.

Premium Notes

Issue Ages:
Issue ages 0-79 (qualified and non-qualified).
For issue ages 0-17, a Uniform Gift to Minors Act (UGMA) or Uniform Transfers to Minors Act (UTMA) custodial account must be established.

Withdrawal Provisions

Penalty-free withdrawals Like most annuities, you’ll be limited in when and how much you can withdraw from your annuity penalty-free. After the issue date, you may choose to take a penalty-free withdrawal (also known as a penalty-free partial surrender) of up to 10% of the beginning-of-year accumulation value each year. If you withdraw more than that, a surrender charge and market value adjustment may apply and the AV true-up feature will terminate. After the surrender charge period, surrender charges and a market value adjustment will no longer apply. Withdrawals may be treated by the government as ordinary income. If taken before age 59 1/2, you may also have to pay a 10% IRS penalty. Withdrawals will reduce your accumulation value accordingly. By current company practice*, we’ll waive surrender charges, and market value adjustments on any portion of an IRS-required minimum distribution that goes beyond what’s available to you penalty-free.* A feature offered “by current company practice” is not a contractual guarantee of this annuity contract and can be removed or changed at any time.

Company Founded: 1886

TOP Rated Company

North American Company for Life and Health

Company Ratings

4.5