ASIA PLUS 10 Overview
0–80 (owner and annuitant; age last birthday)
Issue Ages
Maturity Age
100 (annuitant)
Premium
Flexible Premium
Initial Minimum Premium
Q $5,000 NQ $10,000
Minimum Subsequent Premium
$100 monthly with EFT ($300 quarterly, $600 semi-annually, $1,200 annual, $1,000 for non-EFT.)
Important Terms
• Participation Rate: The portion of the change in the Index credited to the contract. • Cap: The maximum interest credited to an indexed strategy. • Index: S&P 500 ® , S&P MARC 5% and Nasdaq-100 ® . • Annuity Value: The total amount of net annuity premium, plus credited interest, less any partial and or systematic withdrawals and associated surrender charges and Market Value Adjustment (MVA), less rider charges.
Interest Crediting Strategies
• S&P 500 ® Uncapped • S&P 500 ® Monthly Sum • S&P 500 ® Specified Rate • S&P 500 ® Value Cap
• Declared Rate • S&P MARC 5% Low Volatility • Nasdaq-100 ® Growth Cap
Income Rider
An optional lifetime income rider is available with two crediting options (1) Fixed rate or (2) Fixed rate PLUS index credit. There is a fee for these riders. Check with your agent. 87.5% of premium, accumulated at the minimum guaranteed rates required by law for the indexed account and the declared rate account, less any withdrawals. There are separate minimum guaranteed rates for the indexed and declared rate accounts. These rates will be set at issue and guaranteed for the life of the contract. The surrender value is equal to the annuity value (1) minus any applicable surrender charge, (2) minus any federal or state premium taxes, and (3) with any applicable MVA. MVA could be positive or negative. After the contract is issued, you can withdraw up to 10% of your annuity value as of the beginning of each Contract Year. The minimum withdrawal is $250. Withdrawals taken in excess of the surrender charge free withdrawal amount will be subject to the following surrender charge schedule: Contract Year 1 2 3 4 5 6 7 8 9 10 11+ Surrender Charge 10% 9% 8% 7% 6% 5% 4% 3% 2% 1% 0% CA Surrender Charge 9% 8%7% 6% 5% 4% 3% 2% 1% 0%
Minimum Guaranteed Surrender Value
Surrender Value
Surrender Charge Free Withdrawal Privilege
Surrender Charges
Surrender Charge Free Waivers
Confinement, disability, and terminal illness. Please see contract for specific details.
Market Value Adjustments (MVA)
If you withdraw any amount during the surrender charge period in excess of the allotted 10% surrender charge free withdrawal amount, additional adjustments may be applied that could increase or decrease the total withdrawal amount. Values are determined by comparing market interest rates on the contract’s issue date to its surrender date. Not applicable in all states. 9
Death Benefit
At the death of the owner, the greater of the annuity value or surrender value will be paid.
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AMERICAN NATIONAL / ASIA PLUS 10
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