OrionShield 7
The OrionShield 7 annuity is a fantastic product for those wanting peace of mind in their golden years. With its solid returns and safety guarantees, your future is in trustworthy hands.
OrionShield 7 makes planning for tomorrow less daunting. Everything is easy to understand, ensuring that you're in control of your wealth. It's truly a wise investment for a worry-free retirement!
OrionShield 7
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 Fixed Account |
Fixed
|
3.75%
Fixed
|
| 1-Year S&P 500 PTP Higher Cap with 50% Participation Rate |
Point to Point
Annual
|
50%
Participation
8.75%
Cap
|
| 1-Year S&P 500 PTP Cap with 100% Participation Rate |
Point to Point
Annual
|
100%
Participation
8.65%
Cap
|
| 1-Year Russell 2000 PTP Monthly Average Participation Rate with Cap |
Point to Point
Annual
Monthly average
|
100%
Participation
7.5%
Cap
|
| 3-Year Barclays Global Trailblazer PTP Participation Rate |
Point to Point
Triennial
|
125%
Participation
|
| 1-Year Barclays Global Trailblazer PTP Participation Rate |
Point to Point
Annual
|
105%
Participation
|
| 1-Year Fixed Account |
Fixed
|
4.5%
Fixed
|
| 1-Year S&P 500 PTP Higher Cap with 50% Participation Rate |
Point to Point
Annual
|
50%
Participation
11%
Cap
|
| 1-Year S&P 500 PTP Cap with 100% Participation Rate |
Point to Point
Annual
|
100%
Participation
9.65%
Cap
|
| 1-Year Russell 2000 PTP Monthly Average Participation Rate with Cap |
Point to Point
Annual
Monthly average
|
100%
Participation
8.75%
Cap
|
| 3-Year Barclays Global Trailblazer PTP Participation Rate |
Point to Point
Triennial
|
145%
Participation
|
| 1-Year Barclays Global Trailblazer PTP Participation Rate |
Point to Point
Annual
|
120%
Participation
|
| 1-Year Nasdaq Night Owl PTP Participation Rate |
Point to Point
Annual
|
60%
Participation
|
| 1-Year S&P 500 Dynamic Intraday TCA PTP Participation Rate |
Point to Point
Annual
|
60%
Participation
|
| 1-Year Nasdaq Night Owl PTP Participation Rate |
Point to Point
Annual
|
65%
Participation
|
| 1-Year S&P 500 Dynamic Intraday TCA PTP Participation Rate |
Point to Point
Annual
|
65%
Participation
|
Surrender schedule
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Penalty | 9% | 8% | 7% | 6% | 5% | 4% | 3% |
Riders
No Riders for OrionShield 7 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
