Premium Amount You determine the right amount of money to put in your annuity during the first policy year to help you best achieve your financial goals. FlexMark Select allows for premium amounts of $25,000 to $1,000,000, and during the first year, additional premium amounts of at least $5,000. It also offers two bands of interest crediting rates.
For initial premium of $200,000 or more, you’ll be rewarded with higher interest crediting rates, giving your money opportunity for greater earnings. Over the life of the policy, upgraded band rates will apply as long as your accumulation value remains at $200,000 or more. If your accumulation value is below $200,000, you can be bumped into the upgraded band for the next interest crediting period if your accumulation value reaches or surpasses $200,000. You can also move from the upgraded band into the standard band if your accumulation value becomes less than $200,000. On products that include a premium bonus, the total bonus account is added to the accumulation value to determine the rate band.
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“By putting $200,000 or more into my FlexMark Select annuity, I know my money has the opportunity to work harder for me.” My Path:
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