Single Premium Deferred

SPDA 7-Year Surrender Charge

Available in IA, IL, MD, MO, PA, TX, WV, & WI

 

  • Non-Qualified & Qualified (including Roth)
  • Minimum Premium $5,000
  • Issue Ages 0-85
  • 10% Free withdrawal each year**
  • Surrender Charges: Yr 1-9%, Yr 2-8%, Yr 3-7%, Yr 4-6%, Yr 5-5%, Yr 6-4%, Yr 7-3%, Yr 8-0%
  • Band 1 $5,000-$9,999, Band 2 $10,000-$49,999, Band 3 $50,000 and above
  • Minimum Guarantee interest rate is 1.00%
  • Nursing Home benefit up to 50%. Only available for issue ages 80 & younger (no fee)***
  • Unemployment up to 50%. Only available for attained ages 64 & younger (no fee)***
  • Occurrence of a heart attack up to 25% (no fee)***
  • Diagnosis of internal cancer up to 25% (no fee)***

** This provision only applies to the first two withdrawals within any given certificate year.

*** These provisions only apply in certificate years 2 and later and are limited to a single episode of one of these provisions only.

Click here to contact the Home office and we can help you locate a representative in your area.