The Guaranty Annuity plans with Market Value Adjustment Provision are consumer-oriented Single Premium Deferred Annuities that are an attractive alternative to CDs and other taxable investments.
- The Guaranty 8 Annuity offers a 8-year interest rate
- The Guaranty 6 Annuity offers a 6-year interest rate
- The Guaranty 4 Annuity offers a 4-year interest rate
….declared monthly on new issues, and that rate is guaranteed for the full 4, 6 or 8 years!
Beginning on the first day of the 5th, 7th, or 9th policy year, your annuity will earn a portfolio interest rate, which may go up or down, but will never be less than the policy’s minimum guaranteed rate of 1%.
There are no front-end sales charges or annual fees, so 100% of your money works for you.
The Guaranty Annuity plans give you a multitude of flexible features to fit your personal needs.
Your interest earnings are available when you need them. You may withdraw 100% of your interest earnings free of all charges, subject to a $100 minimum. If you desire, we will make a monthly deposit directly into your bank account. Withdrawal of principal is subject to charges and a Market Value Adjustment in the first 8 policy years. You should not purchase this annuity if you may need to surrender it during the first 8 policy years.
You may elect to annuitize at any time with a wide range of options from which to choose. Surrender charges are waived if you elect a payout option of five years or longer.
The full account value will be paid to your designated beneficiary at the Owner’s death, without deduction of any charges or fees.