With the optional death benefit, the annuity owner can select a life income with a protected period of one to five years (at
the annuity issue date).
With the optional death benefit, the annuity owner can select a life income with a protected period of one to five years (at
the annuity issue date).
Not exact matches
GOLD SERIES SAGE CHOICE SINGLE PREMIUM DEFERRED
ANNUITY — PRODUCT OVERVIEW 6 Year Single Premium Deferred
Annuity Issue Ages: 15 days — 90 years (age last birthday) Minimum Premium — $ 2,000 Maximum Premium — $ 500,000 per Owner Free Withdrawal Provision («Bailout Feature»): Included in the Contract Guaranteed Minimum Interest Rate: 2 % for the first 10 years and 3 % thereafter Contract Loan — Not Available for this product Free - Look Period — 30 days Death Benefit: Accumulation Value on the
date of the Owner's death.
There is also an immediate
annuity available that will «reset» your lifetime income payment 5 years after the contract
issue date if interest rates have drastically moved up during that time period.
Death Benefit - In case of the demise of the insured within the initial 5 years of the policy
issued date (i.e. before the vesting
date), a basic sum assured plus accrued guaranteed addition in paid to the policy beneficiary either in a lump - sum or as the
annuity or as a combination of two.
GOLD SERIES SAGE CHOICE SINGLE PREMIUM DEFERRED
ANNUITY — PRODUCT OVERVIEW 6 Year Single Premium Deferred
Annuity Issue Ages: 15 days — 90 years (age last birthday) Minimum Premium — $ 2,000 Maximum Premium — $ 500,000 per Owner Free Withdrawal Provision («Bailout Feature»): Included in the Contract Guaranteed Minimum Interest Rate: 2 % for the first 10 years and 3 % thereafter Contract Loan — Not Available for this product Free - Look Period — 30 days Death Benefit: Accumulation Value on the
date of the Owner's death.