Denali Bonus 10 (Variation States)
The Denali Bonus 10 is a wonderful choice for anyone considering a comfortable and secure retirement. It offers a significant bonus feature, allowing you to boost your retirement savings substantially. It's a real advantage for your golden years!
Also, the predictable and regular income puts you at ease, knowing your finances are effectively managed. With this product by your side, you can fully enjoy retirement without any worry. The Denali Bonus 10 indeed, keeps your future shining bright!
Denali Bonus 10 (Variation States)
About Product
Allocation Accounts
| Name | Type | Rates |
|---|---|---|
| 1-Year Barclays Atlas 5 Boost Spread |
Boost
Annual
|
2.25%
Spread
|
| 1-Year S&P 500 RavenPack AI PTP Boost Spread |
Boost
Annual
|
2.75%
Spread
|
| 1-Year Nasdaq Generations 5 Boost Spread |
Boost
Annual
|
2.5%
Spread
|
| 1-Year Fixed Account |
Fixed
|
3.5%
Fixed
|
| 1-Year Fixed Account (TX Only) |
Fixed
|
3.5%
Fixed
|
| 1-Year S&P 500 PTP Participation Rate |
Point to Point
Annual
|
42%
Participation
|
| 1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
6.5%
Cap
|
| 1-Year S&P 500 PTP Monthly Sum Cap |
Point to Point
Annual
Monthly sum
|
2.1%
Cap
|
| 1-Year Barclays Atlas 5 PTP Participation Rate |
Point to Point
Annual
|
155%
Participation
|
| 1-Year S&P 500 PTP Monthly Average Participation Rate |
Point to Point
Annual
Monthly average
|
77%
Participation
|
| 1-Year S&P 500 RavenPack AI PTP Participation Rate |
Point to Point
Annual
|
165%
Participation
|
| 1-Year Nasdaq Generations 5 PTP Participation Rate |
Point to Point
Annual
|
157%
Participation
|
| 1-Year S&P 500 Duo Swift PTP Participation Rate |
Point to Point
Annual
|
57%
Participation
|
Surrender schedule
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Penalty | 9% | 8% | 8% | 7% | 6% | 5% | 4% | 3% | 2% | 1% |
Riders
| Name | Inbuilt | Fee |
|---|---|---|
| Denali Bonus with Lifetime Withdrawal Benefit | Yes |
Waivers
Nursing Home
Nursing Home Benefit 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
Terminal Illness Benefit 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
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.
Withdrawal Provisions
Free withdrawalsEach year after the first policy year, you may withdraw up to 5% of your account value (as of the most recent policy anniversary). Free withdrawals will not be subject to withdrawal charges, market value adjustments or bonus recovery percentages, if applicable.
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