OrionShield 7 with Premium Bonus (CA Only)
The OrionShield 7 with Premium Bonus is a spectacular choice for securing your golden years. Tailored exclusively for Californians, this annuity offers a bonus on your premium - an instant boost to your retirement savings. You're off to a great start just by signing up!
What's more, the OrionShield 7 delivers steady income that lasts. Enjoy peace of mind knowing your investment is safe and working hard for you. With this annuity, your golden years truly shine. Buy yourself future happiness with OrionShield 7!
OrionShield 7 with Premium Bonus (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
|
2.55%
Fixed
|
| 1-Year S&P 500 PTP Higher Cap with 50% Participation Rate |
Point to Point
Annual
|
50%
Participation
8.5%
Cap
|
| 1-Year S&P 500 PTP Cap with 100% Participation Rate |
Point to Point
Annual
|
100%
Participation
6.3%
Cap
|
| 1-Year Russell 2000 PTP Monthly Average Participation Rate with Cap |
Point to Point
Annual
Monthly average
|
100%
Participation
5.25%
Cap
|
| 3-Year Barclays Global Trailblazer PTP Participation Rate |
Point to Point
Triennial
|
105%
Participation
|
| 1-Year Barclays Global Trailblazer PTP Participation Rate |
Point to Point
Annual
|
85%
Participation
|
| 1-Year Fixed Account |
Fixed
|
3.05%
Fixed
|
| 1-Year S&P 500 PTP Higher Cap with 50% Participation Rate |
Point to Point
Annual
|
50%
Participation
10.75%
Cap
|
| 1-Year S&P 500 PTP Cap with 100% Participation Rate |
Point to Point
Annual
|
100%
Participation
7.3%
Cap
|
| 1-Year Russell 2000 PTP Monthly Average Participation Rate with Cap |
Point to Point
Annual
Monthly average
|
100%
Participation
6.25%
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
|
100%
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 with Premium Bonus (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.
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