LunarLock Prime 5

LunarLock Prime is an Individual Single Premium Multi-Year Guaranteed Annuity. Every year, the money in your annuity will increase by a set interest rate, and you’ll know that rate ahead of time. Your money may not grow as fast as it could with some other options, but that’s predictability you can bank on.

How much do you want to spend?
You can spend between $10,000 and $2 million dollars to buy your LunarLock Prime annuity. If you spend $100,000 or more, you’ll receive higher guaranteed growth rates.

What’s your timing look like?
There are three LunarLock Prime annuities to pick from, and each one guarantees growth for a different number of years: 3, 5 or 7. This means you can choose the guaranteed period that best matches your specific needs and timeframe.

What if my plans change?
LunarLock Prime has a feature designed to provide additional flexibility if your plans change and you need access to your money sooner than expected. For instance, if you needed more than your 10% annual allowed withdrawal amount, like 100% of your money back, you can access it without paying a market value adjustment (MVA). Keep in mind that surrender charges could still apply.

Subsequent guaranteed growth period(s)
When each guaranteed period ends, you have the option to elect a new interest guarantee period equal to the previous period duration. If you do not make an election, it will automatically reset to a 1-year Interest Guarantee Period for the remainder of the contract.

Death benefit 
If you pass away before lifetime payments start, you can choose who receives your remaining account value. Other options may exist if you pass away after lifetime payments start, but they’ll depend on how many annual payments you’ve received.