WealthChoice can be purchased for a 5-, 7- or 10-year period* with a single premium payment from $20,000 to $1,000,000. Throughout the first contract year, additional premiums may be applied (at a minimum of $5,000 and not to exceed $1,000,000 total). Additional premiums and any related bonus will be allocated to the fixed account and may be reallocated at the next contract anniversary. Please see surrender charge details on the disclosure page.
S&P 500® POINT-TO-POINT PARTICIPATION
The S&P 500® is widely regarded as the best single gauge of large-cap U.S. equities. The index includes 500 leading companies and covers approximately 80% of available market capitalization. Index growth is calculated from one contract anniversary to the next. If index growth is positive, it is multiplied by a Participation % to determine the indexed interest to be credited on the contract anniversary. Participation rate will never be less than 10%. S&P 500® MONTHLY SUM CAP The S&P 500® is widely regarded as the best single gauge of large-cap U.S. equities. This index tracks the capital gains of a group of top performing stocks over time. Based on the sum of 12 monthly Index changes each contract year, not to exceed the Monthly Change % Cap. Negative monthly changes have no downside limit and can reduce the maximum Indexed Interest Credit. Monthly sum caps will never be less than 0.10% per month.
BARCLAYS GLOBAL QUALITY INDEX, POINT-TO-POINT PARTICIPATION
The Barclays Global Quality Index is managed by Barclays Bank PLC, featuring quality stocks, global bonds and commodities to seek returns while targeting a specific desired level of risk. Index growth is calculated from one contract anniversary to the next. If index growth is positive, it is multiplied by a Participation % that is credited annually. Participation rate will never be less than 10%. The initial Guaranteed Minimum Indexed Interest Participation Percentage rate set at issue for the Barclays Global Quality Index applies for the entire surrender charge period. The initial rate and any renewal rates during the surrender charge period will equal or exceed this Initial Guaranteed Minimum Rate.
* Check with your advisor for availability. WealthChoice 10 may not be available at bank locations.
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