DISCLOSURES
Surrender Charges will apply during the 5-, 7-, or 10-year Surrender Charge Period. Charges are assessed upon a Full Surrender or Partial Surrender, after deducting the amount of any Free Partial Surrender and Market Value Adjustment that may apply. Surrender Charges are equal to a percentage multiplied by the Accumulation Value being surrendered according to the schedule shown below:
Contract Year of Surrender: 5 Year SC Percentage: 7 Year SC Percentage: 10 Year SC Percentage:
1 2 3 4
5
6 7 8 9
10 thereafter
9% 8% 7% 6% 5%
0% 0%
9% 8% 7% 6% 5% 4% 3%
10% 9% 8% 7% 6% 5% 4% 3% 2% 1% 0%
A Market Value Adjustment (MVA) is a positive or negative adjustment applied only during the surrender charge period to full surrenders and any partial surrender in excess of the Free Partial Surrender available. Refer to the product disclosure and policy for more details. The Horizon Ascend 5% ™ Index is a trademark of Horizon Investments ® , LLC (“Horizon”) and has been licensed for use for certain purposes by or on behalf of the annuity. The Index is the exclusive property of Horizon and is made and compiled without regard to the needs, including, but not limited to, the suitability needs, of Guaranty Income Life Insurance Company , the annuity, or the annuity contract owners. The annuity is not sold, sponsored, endorsed or promoted by Horizon or any other party involved in, or related to, making or compiling the Index. The S&P 500 ® Price Return Index is a product of S&P Dow Jones Indices LLC, a division of S&P Global, or its affiliates (“SPDJI”) and has been licensed for use by Guaranty Income Life Insurance Company . Standard & Poor’s ® and S&P ® are registered trademarks of Standard & Poor’s Financial Services LLC, a division of S&P Global (“S&P”); Dow Jones ® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). Guaranty Income Life Insurance Company’s insurance products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, or their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s)nor do they have any liability for any errors, omissions, or interruptions of the S&P 500 ® Price Return Index. Not FDIC/NCUA insured • Charges may apply • Not bank/CU guaranteed • Not a deposit • Not insured by any federal agency • May go down in value A fixed index annuity is not a security and is not an investment in the stock market. Index account interest is based, in part, on index performance. Past performance of an index is not an indication of future performance.
WealthChoice Fixed Indexed Annuity is underwritten and issued through Guaranty Income Life Insurance Company . Guarantees are backed by the financial strength and claims paying ability of the company. Product availability and features may vary, and some features may not be available in all states. Read the policy for exact details on benefits and exclusions. If there is a discrepancy between the product as described here and the policy issued to you, the provisions of the policy will prevail. The product is generally issued under policy form GI-FIA02 GI-GLBR02.
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