OrionShield 7 (CA Only)
The OrionShield 7 is a game-changer for secure retirement planning. Designed exclusively for Californians, it provides a superior income stream that's both predictable and lifelong. Say goodbye to uncertainties.
OrionShield 7 values your peace of mind. From growing your nest egg to safeguarding it against market downturns, this annuity is your shield. Take charge of your Golden Years with OrionShield 7 today!
OrionShield 7 (CA Only)
Ratings:
- A.M. Best A
- Fitch A-
- Moody's Baa1
- Comdex 69
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
|
3.5%
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
8.4%
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
|
4.25%
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
9.4%
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
|
Surrender schedule
Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
---|---|---|---|---|---|---|---|
Penalty | 9% | 8% | 7% | 6% | 5% | 4% | 3% |
Riders
No Riders for OrionShield 7 (CA Only) annuity.
Waivers
Death
Surrender charges do not apply as a result of the death of the Annuitant.
Annuitization
Surrender charges do not apply under certain annuitization scenarios.
Premium Notes
None.
Withdrawal Provisions
Beginning in the first contract year, 10% of the beginning Index Year Contract Value may be withdrawn without incurring any surrender charges or MVA.