Denali 7 (Compact States)
The Denali 7 Annuity is a superb choice for those planning for a secure future. It offers assured income and safety; nimble in catering to your specific needs. It feels like a trusty friend for your retirement journey!
What's more, the detailed brochure is transparent and easy to understand — showing the clear road to a worry-free retirement. Rest assured, your future looks bright with Denali 7!
Denali 7 (Compact States)
Ratings:
- A.M. Best B
- Comdex 35
About Product
Allocation Accounts
Name | Type | Rates |
---|---|---|
1-Year Barclays Atlas 5 Boost Spread |
Boost
Annual
|
3%
Spread
|
1-Year Nasdaq Generations 5 Boost Spread |
Boost
Annual
|
3%
Spread
|
1-Year S&P 500 RavenPack AI PTP Boost Spread |
Boost
Annual
|
3.25%
Spread
|
1-Year Fixed Account |
Fixed
|
4%
Fixed
|
1-Year S&P 500 PTP Monthly Average Participation Rate |
Point to Point
Annual
Monthly average
|
87%
Participation
|
1-Year Barclays Atlas 5 PTP Participation Rate |
Point to Point
Annual
|
167%
Participation
|
1-Year S&P 500 PTP Monthly Sum Cap |
Point to Point
Annual
Monthly sum
|
2.35%
Cap
|
1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
7.25%
Cap
|
1-Year S&P 500 PTP Participation Rate |
Point to Point
Annual
|
45%
Participation
|
1-Year Nasdaq Generations 5 PTP Participation Rate |
Point to Point
Annual
|
172%
Participation
|
1-Year S&P 500 RavenPack AI PTP Participation Rate |
Point to Point
Annual
|
180%
Participation
|
1-Year S&P 500 Duo Swift PTP Participation Rate |
Point to Point
Annual
|
62%
Participation
|
Surrender schedule
Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
---|---|---|---|---|---|---|---|
Penalty | 9% | 8% | 8% | 7% | 6% | 5% | 4% |
Riders
Name | Inbuilt | Fee |
---|---|---|
Denali with Lifetime Withdrawal Benefit | Yes |
Waivers
Nursing Home
Unavailable in states: CA
After the first policy year, you can withdraw up to 100% of your annuity’s account value if you become confined to a qualified care facility for at least 90 consecutive days and meet the eligibility requirements. There is a waiting period of 1 year after policy issue date, and you cannot be confined at the time the policy is issued.
Terminal Illness
Unavailable in states: CA
After the first policy year, you can withdraw up to 100% of your annuity’s account value if you are diagnosed with a terminal illness that results in you have a life expectancy of 12 months or less and you meet the eligibility requirements. You cannot be confined at the time the policy is issued.
ADL
Unavailable in states: CA
Home Health Benefit. After the first policy year, you can withdraw up to 20% of your annuity’s account value each for 5 years if you need home health care services and meet the eligibility requirements.
Premium Notes
- $10,000 Qualified and Non-Qualified
- Additional premiums allowed 1st 12 months. (Minimum Additional Premium: $2,000). Additional premiums accepted as both, Lump Sum or Periodic payments.