OrionShield 10 with Level 5 Premium Bonus
OrionShield 10 with Level 5 Premium Bonus
About Product
- At or nearing retirement
- Looking for a growth opportunity for the assets that they can’t afford to lose
- Concerned about market losses and sudden swings
Allocation Accounts
| Name | Type | Rates |
|---|---|---|
| 1-Year Dynamic Balanced Asset 10 PTP Participation Rate Group A |
Point to Point
Annual
|
39%
Participation
|
| 1-Year Multi-Asset Dynamic Managed 5 PTP Participation Rate Group A |
Point to Point
Annual
|
77%
Participation
|
| 1-Year S&P 500 Dynamic Intraday TCA PTP Participation Rate Group A |
Point to Point
Annual
|
27%
Participation
|
| 1-Year Nasdaq Night Owl PTP Participation Rate Group A |
Point to Point
Annual
|
29%
Participation
|
| 1-Year Strategic Dynamic Balanced Asset 8 PTP Participation Rate Group A |
Point to Point
Annual
|
50%
Participation
|
| 1-Year S&P MARC 5 PTP Participation Rate Group A |
Point to Point
Annual
|
76%
Participation
|
| 1-Year Nasdaq Night Owl PTP Participation Rate Group A |
Point to Point
Annual
|
36%
Participation
|
| 1-Year S&P 500 Dynamic Intraday TCA PTP Participation Rate Group A |
Point to Point
Annual
|
33%
Participation
|
| 1-Year S&P MARC 5 PTP Participation Rate Group A |
Point to Point
Annual
|
93%
Participation
|
| 1-Year Strategic Dynamic Balanced Asset 8 PTP Participation Rate Group A |
Point to Point
Annual
|
61%
Participation
|
| 1-Year Multi-Asset Dynamic Managed 5 PTP Participation Rate Group A |
Point to Point
Annual
|
93%
Participation
|
| 1-Year Dynamic Balanced Asset 10 PTP Participation Rate Group A |
Point to Point
Annual
|
48%
Participation
|
Surrender schedule
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Penalty | 9% | 9% | 8% | 7% | 6% | 5% | 4% | 3% | 2% | 1% |
Riders
No Riders for OrionShield 10 with Level 5 Premium Bonus annuity.
Waivers
Death
Surrender charges do not apply as a result of the death of the Annuitant.
Nursing Home
Unavailable in states: CA
If the Annuitant is confined to a Hospital or Nursing Facility for at least 30 consecutive days, partial withdrawals may be taken to help pay for expenses without incurring any surrender charges or MVA. Availability of the Nursing Home Waiver may vary by state and/or issue age.
Annuitization
Surrender charges do not apply under certain annuitization scenarios.
Premium Notes
None.
Withdrawal Provisions
Free Withdrawal amount Beginning in the second contract year, 10% of the beginning Index Year Contract Value may be withdrawn without incurring any surrender charges or MVA.
- A.M. Best A
- Fitch A
- Moody's Baa1
- Comdex 69
