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FIXED ANNUITY HOT SHEET

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FIXED ANNUITY HOT SHEET Powered By Docstoc
					 As of 12/02/11

                                   FIXED ANNUITY HOT SHEET
                             This spreadsheet is intended for use as a guide, see company literature for details
      Carrier           American Equity           ING Reliastar             Reliance Standard               The Standard                 State Life
     Ratings             A.M. Best A-               A.M. Best A                A.M. Best A                   A.M. Best A               A.M. Best A+
                          S&P BBB+                    S&P A+                      S&P A                       S&P AA-                    S&P AA-
    Assets                16.9 Billion              21.9 Billion                3.5 Billion                  12.9 Billion               3.1 Billion
 Product Name           *Guarantee 5 & 7            MVA Annuity                 Eleos MVA                  Focused Growth             Annuity Care®
                                                                                                              Annuity 6
   Commission              *0-75 = 3.00%               Qual       Non-Q         0-75 – 3.25%                  0-80 81-85_86 -90          50-75 = 5.75
                          *76-80 = 2.00%        0-74   5.2%       4.75%         76-80 – 2.60%             6yr 2.0% 1.00% 0.77%           76-85 = 3.75
                                                75+    2.6%       2.375%        81-85 – 1.95%
    Issue Ages            0-80 Q or NQ              0-80 Q or NQ                0-85 Q or NQ                *0 – 90 Q or NQ                  50-85
Minimum Issue           $10,000 Q and NQ           $5,000 Q or NQ            $10,000 Q and NQ               $15,000 Q and NQ          *$10,000 Q and NQ
                                                                                                                                     *($62k in WI and $50k
                                                                                                                                         in CA and MN)
Maximum Issue              0-69 = $1mil                $500,000                  $500,000+                    $1,000,000                  $500,000
                         70-74 = $750,000
                         75-80 = $500,000
    Principal                   No                        No                           No                           No                        No
    Guarantee
 Premium Listing               Single                    Single                     Single                        Single                    Single
    Free Annual           Interest Only           10% Immediately           10% Immediately                   Interest only            10% after year
 Partial Withdrawal        Immediately                                                                        Immediately                   one
Surrender Charges          5yr – 9/8/7/6/5        7/7/7/7/6/5/4/3/2/1              8/7/6/5/4                    8/7/6/5/4/3           8/8/8/7/6/5/4/3/2
                         7yr – 9/8/7/6/5/4/3           10 years                     5 years                    (+ or – MVA)               9 Years
                           *(+ or – MVA)             (+ or – MVA)                (+ or – MVA)

 Minimum Rate                   2%                        3%                           1%                           1%                      *1.5%
   Guarantee
 Nursing Home          90 days, after year 1;            60 days              90 days - 25% of AV            30 days after year             7 Days
                           20% annually                                           available/year           1(Nursing Home Only)
  Withdrawals                                                               after yr 1 if issued before
                                                                                      age 75
  Comments &           CHOICE OF FIVE OR          TEN YEAR RATE               ONE YEAR RATE                  SIX YEAR RATE            Annuity Care I is a
                       SEVEN YEAR RATE             GUARANTEE                   GUARANTEE                      GUARANTEE              Deferred Annuity that
    Rates                                                                                                                             allows for monthly
                         GUARANTEE
                                                                                                                                        withdrawals for
                                                 NH and TI Waivers          Delayed commissions           Terminal illness waiver       qualifying LTC
                       30 day exit window at         Available                 for premiums in                  available                  expenses.
                      end of guarantee period                                  excess of 300k
                         to leave contract       Can annuitize for a        (until 30 day free look       Can annuitize after yr 1    -LTC fund grows at a
                                                minimum of 10 years          period has expired)           for a min of 5 years       higher rate (currently
                            MVA Rates                                                                                                     2.60%) that is
                            5yr = 2.90                   Yields:              Similar Non-MVA             Addt’l deposits can be     guaranteed for 5 years
                                                                                                                                     and renews thereafter.
                            7yr = 3.00          <35k               2.75%*    contract available w/        made within 90 days of      1.8% Accumulation
                                                35-99k             2.85%*   reduced commissions           issue date and do not      -LTC monthly payment
                        * Reduced rates and     100k+              3.00%*                                 reset surrender period        is calculated as a
                       commissions for Non-                                 1st Year Rate (Bonus):                                     certain percentage
                            MVA states.
                                                *No 1st year Bonus               3.00%(1.00)                       Rates:            (currently 2.9%) of the
                                                effective 12/01/2011*                                           <100k      100k+       current LTC benefit
                      Non-MVA states include:
                                                                            Base renews annually          6yr - 2.40      2.50%               value.
                          CA, DE, MN, PA
                                                                                in years 2-5.                                        Base policy provides
                         Non-MVA Rates                                                                                                 LTC funds for 36
                           5yr = 2.40                                                                                                months at no cost(Tax
                           7yr = 2.50                                                                                                       Free)

                             Non-MVA                                                                                                 -options to purchase an
                          Commissions                                                                                                additional 36 months or
                                                                                                                                      lifetime benefit(single
                          0 – 75 = 2.50%                                                                                             premium, annual, or 10-
                         76 – 80 = 1.50%                                                                                                        pay)

                                                                                                                                      -Joint LTC coverage
                                                                                                                                            available.

                                                                                                                                     *Min. guarantee 3% for
                                                                                                                                               PA
   Product NOT            AK, AL, MO, NY        AK, AL, IN, MA, MD,         AL, MD, MN, MT, ND,                     NY                    CT, NH, NY
 approved in these     (7yr N/A in OR & WA)     MN, NJ, NY, OR, PA,         NY, OR, TX, UT, WA
      states                                        SC, VT, WA

				
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Description: Fixed Annuities