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Nursing home multiplier*
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Double the lifetime payment amount when you need it the most With the nursing home multiplier feature, the lifetime payment amount on your NAC BenefitSolutions 10 annuity can be doubled if you become confined to a qualified nursing care center for a period of more than 90 consecutive days, and you remain confined to that nursing home in future contract years. This benefit is available as early as age 50, and it can be accessed for up to five annual payments. This benefit does not have to be utilized for a consecutive five year period. A unique way to control your future protection While nobody likes to think about it, the potential cost of nursing home care can take a substantial bite out of retirement savings. This, in turn, can have a negative effect on ongoing retirement income - especially in the case of married couples or partners. Many people believe that government programs like Medicare will pay for most or all of their long-term care expenses. However, this may not be the case. Another potential payment option is stand-alone long-term care insurance, although these policies can be expensive. By having the nursing home multiplier (referred to in the benefits rider as the LPA multiplier) on your NAC BenefitSolutions 10 Annuity, you have the option to receive an increased lifetime payment, if needed, to help with any unexpected expenses. Contract Number:
enefits statement
tions ® 10
August 9, 2022
123456789
Covered Persons Ages:
Sixty Five Male Sixty Five Female $100,000.00 IA
65 65
*nursing home multiplier is not available in California
Issue Date:
August 9, 2022
8300 Mills Civic Parkway West Des Moines, IA 50266 NorthAmericanCompany.com
Annuity
8300 Mills Civic Parkway West Des Moines, IA 50266 NorthAmericanCompany.com Your guaranteed benefits statement Annuity
Lifetime Payment
Rider Death Benefit
NAC BenefitSolutions ® 10 fixed index annuity Covered Persons: Sixty Five Male Sixty Five Female Benefit Statement Date: August 9, 2022 NAC BenefitSolutions ® 10 fixed index annuity
Your guaranteed benefits statement
on ate
Lifetime Payment Amount $4,724 $4,878 $5,008 $5,141 $5,278 $6,563 $6,737 $6,916
123456789 August 9, 2022 Death Benefit Annual Paymen (5 Equal Paymen 65 65 123456789
Nursing Home Multiplier Payment Amount**
Your nursing home multiplier snapshot Benefit Base* $125,000 $125,000
Covered Persons Ages: Benefit Base* Contract Number:
Benefit Statement Date: Initial Premium:
Contract Number: Issue Date:
August 9, 2022 $100,000.00
Issue State:
IA
Anniversary Date (Date Benefits Available) 1/1/16 1/1/17 1/1/18 1/1/19 $10,016 Covered Person Age on Anniversary Date 67 68 65 66 $10,282 1/1/16 1/1/21 Covered Person Age on Anniversary Date $9,756 $9,448 Initial Premium: Issue State: Anniversary Date (Date Benefits Available) 65 66 69 70 71 Covered Persons:
Lifetime Payment $4,878 $125,000 $9,448 $9,756 $13,475 $125,000 Lifetime Payment Amount $4,724 $6,563 $4,878 $6,737 Covered Persons Ages: $125,000 $125,000 Issue Date: Lifetime Payment Lifetime Payment Amount $4,724 $9,448 $9,756 $10,016 $5,008 $5,141 $5,278 $10,555 $13,126
N/A
Sixty Five Male Sixty Five Female
65 65
August 9, 2022 Rider Death Benefit
Joint Covered Person Age on Anniversary Date
Deferral Year
$100,000.00
Death Benefit Annual Payment (5 Equal Payments)
$25,000 $25,000 $25,000 $25,000 $30,000 $30,000 $30,000
Nursing Home Multiplier Payment Amount**
Benefit Base*
Benefit Base*
IA
At Issue 1/1/15
65
$125,000 $125,000 $125,000
$125,000 $125,000 $125,000
N/A
Rider Death Benefit
$125,000 $125,000 $125,000 $150,000 $150,000 $150,000
1
Joint Covered Person Age on Anniversary Date 66 67 68
$25,000
Deferral Year 2
Death Benefit Annual Payment (5 Equal Payments) $25,000 $25,000 $25,000
Nursing Home Multiplier Payment Amount** $10,282
Benefit Base* $125,000
Benefit Base* $125,000
3 4
69 70 71
$125,000 $125,000 $150,000 $125,000 $150,000
$125,000 $125,000 $150,000 $125,000 $150,000
At Issue 1/1/15 5 1/1/20
N/A $30,000 $30,000 $25,000
65 66
6
1
This hypothetical example is provided only to show a representation of the guaranteed benefits statement. Not intended to predict future results. 2 1/1/17 67 67 $125,000 $5,008 $10,016 $125,000 $25,000 3 1/1/18 68 68 $125,000 $5,141 $10,282 $125,000 $25,000 4 1/1/19 69 69 $125,000 $5,278 $10,555 $125,000 $25,000 7 1/1/22 72 72 $150,000 $6,916 $13,833 $150,000 $30,000 8 1/1/23 73 73 $150,000 $7,100 $14,201 $150,000 $30,000 9 1/1/24 74 74 $150,000 $7,289 $14,578 $150,000 $30,000 $10,555 $125,000 10 1/1/25 $175,000 $8,372 $16,744 $175,000 $35,000
5 6 11 7 8 13 9 14 15 16 17 12 18 19
1/1/20 1/1/21 1/1/26 1/1/27
70 71 72 73 74 75 76 77
70 71 72 73 74 75 76 77 78 79
$150,000 $150,000 $175,000 $150,000 $150,000 $175,000 $150,000 $175,000 $175,000 $175,000 $175,000 $175,000 $175,000 $175,000
$6,563 $6,737 $8,414 $8,456
$13,126 $13,475 $16,827 $13,833 $14,201 $16,996 $14,578 $16,744 $17,510 $16,827 $16,912 $18,039 $16,912 $17,251 $17,772
$150,000 $150,000 $175,000 $150,000 $150,000 $175,000 $150,000 $175,000 $175,000 $175,000 $175,000 $175,000 $175,000 $175,000
$30,000 $30,000 $35,000 $30,000 $30,000 $35,000 $30,000 $35,000 $35,000
75 76 77 78 79 80 81 82
75 76 77 78 79 80 81 82 83 84
1/1/22 1/1/23 1/1/28 $13,126 1/1/26 1/1/27 1/1/32 $13,475 1/1/24 1/1/25 1/1/30 1/1/29 1/1/31 1/1/28 1/1/29 1/1/34 $13,833 78 79 1/1/33 83 84
$6,916 $7,100 $8,498 $150,000 $8,414 $8,456 $9,020 $150,000 $7,289 $8,372 $8,755 $8,626 $8,886 $8,498 $8,626 $9,292 $150,000 $16,996 $17,251 $18,584 $9,155 $18,310
10 11 12 13 14
REV 8-23 $35,000 $35,000
25436Z
10
$35,000 $35,000 $35,000
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