Death benefit 3 Leaving a lasting legacy
In all states except AK, CT, DE, HI, ID, IL, LA, MD, MN, MO, NJ, OR, PA, UT, VA and WA, your NAC BenefitSolutions 10 annuity can allow you to leave a legacy to those you love in the manner that best fits their specific financial needs. If your beneficiaries want a lump sum, they can take the annuity’s remaining accumulation value. Or your loved ones can opt to receive the remaining amount of your benefit base in five equal annual installments after the first contract year. If you have taken no withdrawals (other than rider charges), your beneficiaries are guaranteed the option to take a lump sum death benefit that is no less than your premium. If joint annuity owners have been named, the death benefit will be paid upon the death of the first owner unless the contract is continued under spousal continuance. If joint annuitants are named the death benefit will be paid on the death of the second annuitant. In the states of AK, CT, DE, HI, ID, IL, LA, MD, MN, MO, NJ, OR, PA, UT, VA and WA, should the annuitant or owner die, the value of your NAC BenefitSolutions annuity will be available to your named beneficiary through one of the following election options: OPTION 1 – If death occurs after the second contract anniversary, the lesser of the rider death benefit maximum or the benefit base as of the date of death, paid out in five equal periodic payments. OPTION 2 – A lump sum equal to the premium on the benefits rider issue date, provided no partial surrenders (other than for benefits rider costs) have been taken since the benefits rider issue date. You have the option to terminate this rider after the surrender charge period. However, terminating this rider forfeits access to the benefit base, rider death benefit and lifetime payment amounts. Termination of the rider will not automatically terminate the contract. Once terminated, this rider cannot be reinstated and you will not be reimbursed for charges previously incurred. The rider death benefit is not life insurance. Upon payout of the death benefit, the growth may be taxed to your beneficiary as ordinary income. Neither North American, nor any financial professionals acting on its behalf, should be viewed as providing legal, tax or investment advice. Consult with and rely on your own qualified advisor. 123456789
ment
ntract Number:
vered Persons Ages:
65 65
ue Date:
August 9, 2022
8300 Mills Civic Parkway West Des Moines, IA 50266 NorthAmericanCompany.com 8300 Mills Civic Parkway West Des Moines, IA 50266 NorthAmericanCompany.com
Annuity
Annuity Your guaranteed benefits statement
ime Payment
NAC BenefitSolutions ® 10 fixed index annuity Covered Persons: Benefit Statement Date: August 9, 2022 NAC BenefitSolutions ® 10 fixed index annuity Rider Death Benefit
Your guaranteed benefits statement
fetime ayment mount 4,724 4,878 5,008 5,141 5,278 6,563 6,737
August 9, 2022 $100,000.00 Death Benefit Annual Payment (5 Equal Payments) Sixty Five Male Sixty Five Female IA
Contract Number:
123456789
Your death benefit snapshot Nursing Home Multiplier Payment Amount**
Benefit Base*
Covered Persons Ages:
65 65
Benefit Statement Date: Initial Premium:
Contract Number: Issue Date:
123456789 August 9, 2022
Covered Persons: Issue State:
Covered Persons Ages:
Sixty Five Male Sixty Five Female
65 65
Issue Date: Lifetime Payment
August 9, 2022 Rider Death Benefit
Initial Premium: Issue State: Anniversary Date (Date Benefits Available)
Joint Covered Person Age on Anniversary Date Joint Covered Person Age on Anniversary Date 67 68
$100,000.00
Covered Person Age on Anniversary Date
$9,448 $9,756 $10,016 $10,282 $10,555 $13,126 $13,475
Deferral Year 2 Deferral Year $125,000 $125,000 1
N/A
Lifetime Payment Amount
Death Benefit Annual Payment (5 Equal Payments)
Nursing Home Multiplier Payment Amount**
IA Benefit Base*
Benefit Base*
65 $25,000 69 70 $25,000 71 72 $25,000 75 76 $30,000 73 74 65 66 $25,000 69 70 83 $30,000 77 78 73 74 75 76 77 78 79 80 81 82
At Issue 1/1/15
65
$125,000 $125,000
Lifetime Payment $4,724
$9,448 $9,756
$125,000 $125,000
Rider Death Benefit N/A
Anniversary Date (Date Benefits Available) 1/1/16 1/1/17 1/1/18
Covered Person Age on Anniversary Date 66 67
Lifetime Payment Amount $4,724 $4,878 $5,008 $5,141 $5,278 $6,563
Death Benefit Annual Payment (5 Equal Payments) $25,000 $25,000 $25,000
Nursing Home Multiplier Payment Amount** $10,016 $10,282
Benefit Base* $125,000 $125,000
Benefit Base* $125,000 $125,000
3 4 5
68 69 70
$125,000 $125,000 $125,000
1/1/19 1/1/20
$125,000 $150,000
$9,448 $10,555 $13,126
$125,000 $150,000
N/A $25,000 $30,000
At Issue 1/1/15
65
$125,000
$125,000
This hypothetical example is provided only to show a representation of the guaranteed benefits statement. Not intended to predict future results. 1 1/1/16 66 66 $125,000 $4,878 $9,756 $125,000 $25,000 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 6 1/1/21 71 71 $150,000 $6,737 $13,475 $150,000 $30,000 7 1/1/22 72 72 $150,000 $6,916 $13,833 $150,000 $30,000
8 9
1/1/23 1/1/24 1/1/25 1/1/26 1/1/27 1/1/28 1/1/29 1/1/30 1/1/31 1/1/32 1/1/33
73 74 75 76 77 78 79 80 81 82 83
$150,000 $150,000 $175,000 $175,000 $175,000 $175,000 $175,000 $175,000 $175,000 $175,000 $175,000
$7,100 $7,289 $8,372 $8,414 $8,456 $8,498 $8,626 $8,755 $8,886 $9,020 $9,155
$14,201 $14,578 $16,744 $16,827 $16,912 $16,996 $17,251 $17,510 $17,772 $18,039 $18,310
$150,000 $150,000 $175,000 $175,000 $175,000 $175,000 $175,000 $175,000 $175,000 $175,000 $175,000
$30,000 $30,000 $35,000 $35,000 $35,000 $35,000
4 5 6 7 8 9
1/1/19 1/1/20 1/1/21 1/1/22 1/1/23 1/1/24 1/1/25 1/1/26 1/1/27 1/1/28
69 70 71 72 73 74 75 76 77 78
$125,000 $150,000 $150,000 $150,000 $150,000 $150,000 $175,000 $175,000 $175,000 $175,000
$5,278 $6,563 $6,737 $6,916 $7,100 $7,289 $8,372 $8,414 $8,456 $8,498
$10,555 $13,126 $13,475 $13,833 $14,201 $14,578 $16,744 $16,827 $16,912 $16,996
$125,000 $150,000 $150,000 $150,000 $150,000 $150,000 $175,000 $175,000 $175,000 $175,000
$25,000 $30,000 $30,000 $30,000 $30,000 $30,000
10 11 12 13
25436Z
12
REV 8-23 $35,000 $35,000 $35,000
10 11 12 13 14 15 $150,000 $150,000 16 17 18
$35,000 $35,000 $35,000
$35,000 $35,000 $35,000
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