Indexed Annuity Care
The Indexed Annuity Care is the perfect choice if you're planning a secure future. With its easy to understand terms, it gives you peace of mind with guaranteed benefits.
It's designed to increase your retirement income without any risk. A spotlight of this annuity is its exceptional long-term care coverage. For a worry-free retirement, Indexed Annuity Care is a solid option!
Indexed Annuity Care
About Product
Allocation Accounts
| Name | Type | Rates |
|---|---|---|
| 1-Year Fixed Account |
Fixed
|
2.75%
Fixed
|
| 1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
4.15%
Cap
|
| 1-Year S&P 500 PTP Participation Rate |
Point to Point
Annual
|
30%
Participation
|
| 1-Year S&P 500 PTP Monthly Average Cap |
Point to Point
Annual
Monthly average
|
5.05%
Cap
|
| 1-Year S&P 500 PTP Monthly Average Participation Rate |
Point to Point
Annual
Monthly average
|
55%
Participation
|
Surrender schedule
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 |
|---|---|---|---|---|---|---|---|---|---|
| Penalty | 9% | 8% | 7% | 6% | 5% | 4% | 3% | 2% | 1% |
Riders
| Name | Inbuilt | Fee |
|---|---|---|
| Long-Term Care Insurance Rider | Yes |
Waivers
Death
Contact us to get more information about this waiver.
Withdrawal Provisions
Partial WithdrawalsThere are no surrender charges assessed on any qualifying LTC benefit withdrawal. For non-LTC withdrawals, up to 10 percent of the account value after year 1 may be taken free of a surrender charge. Minimum withdrawal amount is $500. Full surrenders within 12 months of a partial surrender result in recapture of the waived surrender charges, subject to state variations.
- A.M. Best A+
- S&P AA-
- Comdex 95
