Interest crediting options, cont.
Gains are locked in at the end of each crediting period. The indexed crediting options are linked to the market index, but you are not invested directly in the stock market or any index. We protect you from downside risk. You participate in a portion of the index gain, subject to certain limits called caps, participation rates and/or spreads. More details are available in the SOU. Some index crediting options are available with or without a fee. Index crediting options with a fee may provide higher caps, participation rates and declared rates, or lower spreads than options without fees. The fee is 1.25% of the option’s account value. Choose to take your income one of three ways: Level payments for life One of two increasing income options 1 • One guaranteed to increase a set amount each contract anniversary • One that increases each year (up to a cap) or stays level based on the inflation-linked CPI-U index Access your total account value with no surrender charges or Market Value Adjustment (MVA). If you need home health or nursing home care, or are diagnosed with a terminal illness, you may access your total account value with no surrender charges or MVA. The diagnosis of terminal illness must occur at least one year after the contract is issued. In AK, AL, CT, ID, MN, MS, MT, OR, PA and WA, nursing home care or confinement must begin after the contract effective date. These are defined conditions and benefits, and availability may vary from state to state.
Income options
1 Increasing income payments will stop when the account value becomes $0.
Access for unexpected health care costs Home health care 2 Nursing home care 2 Terminal illness 2 Not available in MA.
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Fidelity & Guaranty Life Insurance Company
ADV2780 (03-2022)
Rev. 11-2023 23-1448
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