North American Company for Life and Health

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NAC Secure Horizon Accelerator

The NAC Secure Horizon Accelerator is a marvel for future planning. This annuity assures you a constant flow of income, ensuring a stress-free retirement. Peace of mind and financial stability - guaranteed!

Its benefits are outlined clearly in the brochure. The simplicity in explanations is a breath of fresh air. This annuity is a great investment tool, giving your golden years a gold standard!

NAC Secure Horizon Accelerator

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About Product

Type

Fixed Index

Purpose

Accumulation

Premium Bonus

13%

Term

10 Years

Surrender schedule

10%

Fee withdrawal:

Market Value Adjustment

Yes

Return Of Premium

Minimum Contribution

$25,000

Maximum Contribution

$2,000,000

Max Age Qualified

Types Of Funds

Non-Qualified, IRA, IRA Rollover, IRA Transfer, TSA 403b, SEP IRA, IRA-Roth, and TSP

Launch Date

04/30/2024

North American Secure Horizon Accelerator is a single premium deferred fixed index annuity. Designed for today’s modern retirement portfolio, Secure Horizon Accelerator provides an immediate bonus, an enhanced opportunity for growth, and premium protection.

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 10th Contract year and all funds will then be allocated to a Two-year Point-to-Point with Participation Rate or Two-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.

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
4-Year Term Research Affiliates Global Multi-Asset PTP Participation Rate	Performance Ladder 4-Year	280% Participation
3-Year Term S&P PRISM PTP Participation Rate	Performance Ladder Triennial	220% Participation
4-Year Term S&P PRISM PTP Participation Rate	Performance Ladder 4-Year	260% Participation
5-Year Term S&P PRISM PTP Participation Rate	Performance Ladder 5-Year	300% Participation
1-Year Term Research Affiliates Global Multi-Asset PTP Participation Rate	Performance Ladder Annual	115% Participation
2-Year Term Research Affiliates Global Multi-Asset PTP Participation Rate	Performance Ladder Biennial	160% Participation
3-Year Term Research Affiliates Global Multi-Asset PTP Participation Rate	Performance Ladder Triennial	175% Participation
4-Year Term Research Affiliates Global Multi-Asset PTP Participation Rate	Performance Ladder 4-Year	215% Participation
5-Year Term Research Affiliates Global Multi-Asset PTP Participation Rate	Performance Ladder 5-Year	255% Participation
1-Year Term Research Affiliates Global Multi-Asset PTP Participation Rate	Performance Ladder Annual	150% Participation
2-Year Term Research Affiliates Global Multi-Asset PTP Participation Rate	Performance Ladder Biennial	220% Participation
3-Year Term Research Affiliates Global Multi-Asset PTP Participation Rate	Performance Ladder Triennial	250% Participation
2-Year Term S&P PRISM PTP Participation Rate	Performance Ladder Biennial	190% Participation
5-Year Term Research Affiliates Global Multi-Asset PTP Participation Rate	Performance Ladder 5-Year	340% Participation
1-Year Term Loomis Sayles Managed Futures PTP Participation Rate	Performance Ladder Annual	130% Participation
2-Year Term Loomis Sayles Managed Futures PTP Participation Rate	Performance Ladder Biennial	190% Participation
3-Year Term Loomis Sayles Managed Futures PTP Participation Rate	Performance Ladder Triennial	215% Participation
4-Year Term Loomis Sayles Managed Futures PTP Participation Rate	Performance Ladder 4-Year	255% Participation
5-Year Term Loomis Sayles Managed Futures PTP Participation Rate	Performance Ladder 5-Year	310% Participation
1-Year Term Loomis Sayles Managed Futures PTP Participation Rate	Performance Ladder Annual	170% Participation
2-Year Term Loomis Sayles Managed Futures PTP Participation Rate	Performance Ladder Biennial	250% Participation
3-Year Term Loomis Sayles Managed Futures PTP Participation Rate	Performance Ladder Triennial	290% Participation
4-Year Term Loomis Sayles Managed Futures PTP Participation Rate	Performance Ladder 4-Year	330% Participation
5-Year Term Loomis Sayles Managed Futures PTP Participation Rate	Performance Ladder 5-Year	390% Participation
1-Year Term S&P PRISM PTP Participation Rate	Performance Ladder Annual	130% Participation
5-Year Term S&P PRISM PTP Participation Rate	Performance Ladder 5-Year	220% Participation
4-Year Term S&P PRISM PTP Participation Rate	Performance Ladder 4-Year	185% Participation
3-Year Term S&P PRISM PTP Participation Rate	Performance Ladder Triennial	155% Participation
2-Year Term S&P PRISM PTP Participation Rate	Performance Ladder Biennial	140% Participation
1-Year Term S&P PRISM PTP Participation Rate	Performance Ladder Annual	100% Participation
1-Year Fixed Account	Fixed	2.65% Fixed
1-Year S&P PRISM PTP Participation Rate	Point to Point Annual	100% Participation
1-Year S&P PRISM PTP Participation Rate	Point to Point Annual	130% Participation
1-Year S&P 500 Low Volatility 5% ER PTP Participation Rate	Point to Point Annual	100% Participation
1-Year S&P 500 Low Volatility 5% ER PTP Participation Rate	Point to Point Annual	140% Participation
1-Year Research Affiliates Global Multi-Asset PTP Participation Rate	Point to Point Annual	115% Participation
1-Year Research Affiliates Global Multi-Asset PTP Participation Rate	Point to Point Annual	150% Participation
1-Year Loomis Sayles Managed Futures PTP Participation Rate	Point to Point Annual	130% Participation
1-Year Loomis Sayles Managed Futures PTP Participation Rate	Point to Point Annual	170% Participation
2-Year S&P PRISM PTP Participation Rate	Point to Point Biennial	140% Participation
2-Year S&P PRISM PTP Participation Rate	Point to Point Biennial	190% Participation
2-Year S&P 500 Low Volatility 5% ER PTP Participation Rate	Point to Point Biennial	150% Participation
2-Year S&P 500 Low Volatility 5% ER PTP Participation Rate	Point to Point Biennial	205% Participation
2-Year Research Affiliates Global Multi-Asset PTP Participation Rate	Point to Point Biennial	160% Participation
2-Year Research Affiliates Global Multi-Asset PTP Participation Rate	Point to Point Biennial	220% Participation
2-Year Loomis Sayles Managed Futures PTP Participation Rate	Point to Point Biennial	190% Participation
2-Year Loomis Sayles Managed Futures PTP Participation Rate	Point to Point Biennial	250% Participation

Surrender schedule

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

Hypothetical Projection

Comparison against S&P 500 using current rates

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Investment Amount

Riders

No Riders for NAC Secure Horizon Accelerator annuity.

Waivers

Nursing Home

Unavailable in states: CA, and SD

After your first contract year, if you become confined to a qualified nursing care facility as defined in the rider, you can withdraw 100% of your accumulation value without a surrender charge, premium bonus recapture, or a market value adjustment. If you withdraw 100% of your accumulation value, your Annuity Contract will terminate with no further benefits or value. You cannot be confined at the time your contract is issued. The waiver rider is automatically included with your Annuity Contract at no additional charge.

Premium Notes

Owner/Annuitant
Single or joint annuitant, owner(s) must equal annuitant(s) unless non-natural owner, joint - annuitants must be spouses.

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, premium bonus recapture, or market value adjustment, of up to 7% of the beginning of year accumulation value. Required minimum distributions If you purchase the Annuity Contract with “tax-qualified” money, tax code and IRS regulations may require you to take “required minimum distributions” (RMDs) from your Annuity Contract each year after you reach the applicable age as determined under the tax code and IRS regulations. Regardless of the tax type of your Annuity Contract, upon your death your beneficiaries may be subject to RMDs as determined under the tax code and IRS regulation.Market value adjustment (MVA)The market value adjustment (MVA) is an adjustment during the surrender charge period. The MVA only applies to withdrawals above the available penalty-free withdrawal amount. The MVA depends on changes in the market value adjustment external index rate (Barclay’s US Credit Index) since the issue date. The MVA generally decreases the surrender amount when rates rise and increases the surrender amount when rates fall by more than the adjustment. With certain rate movements, it may not be possible to receive a positive MVA. An MVA will not reduce the amount surrendered below the minimum guaranteed surrender value.

Company Founded: 1886

TOP Rated Company

North American Company for Life and Health

Company Ratings

4.5