Index Protector Fee-Based Annuities

Diversify your clients’ portfolios with an Index Protector fee-based annuity. Intended for distribution by Investment Advisor Representatives doing fee-based planning, these zero commission fixed-indexed annuities offer:

  • Protection from market loss
  • Growth opportunity with multiple indexed strategies
  • Liquidity options


Index Protector 7Index Protector 5 MVAIndex Protector 4
Issue agesQualified and non-qualified: 0-85
Inherited IRA and inherited non-qualified: 0-75
Qualified and non-qualified: 0-89
Inherited IRA and inherited non-qualified: 0-75
Qualified and non-qualified: 0-90
Inherited IRA and inherited non-qualified: 0-75
Minimum purchase payment$100,000; additional purchase payments accepted in first two months of contract; minimum $25,000$50,000; additional purchase payments accepted in first two months of contract; minimum $25,000$50,000; additional purchase payments accepted in first two months of contract; minimum $25,000
LiquidityClients may withdraw up to 10% of the account value penalty-free during the first seven contract years. 
Additionally, there is a return of premium available for clients who choose to surrender after the third contract year.
Clients may withdraw up to 10% of the account value MVA-free during the first five contract years.Clients may withdraw up to 10% of the account value penalty-free during the first four contract years.
Early withdrawal charges7-year declining: 7%, 7%, 7%, 6%, 5%, 4%, 3%None4-year: 5.6%, 5.6%, 5.6%, 5.6%
Market value adjustmentA market value adjustment applies for the first seven contract yearsA market value adjustment applies for the first five contract yearsNone
Income ridersIncome Keeper and IncomeDefender - temporarily suspendedNoneNone
How much can my clients earn with an Index Protector fee-based annuity?
How much can my clients earn with an Index Protector fee-based annuity?
Optional riders - temporarily suspended
For additional income benefits, clients can add an optional rider to their Index Protector 7 contract. There is an annual charge for these riders.
IncomeDefender - temporarily suspended
  • Income payments available to start immediately after issue (if age 55+)
  • Income percentages that increase annually
  • Refund of rider charge at death if income payments have not started

 

Income Keeper - temporarily suspended
  • Income payments that can start five years after the rider effective date (if age 55+)
  • Increasing income potential
  • Refund of rider charge at death if income payments have not started

 

Index Protector 5 MVA Calculator

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