Heritage Premier Plus MYGAs
Heritage Premier Plus MYG deferred annuities offered by the companies have identical features to the Heritage Premier with the following exception:
- Interest is compounded at a higher rate during the 1st year and a lower rate for subsequent years than Heritage Premier contract. For example, year 1 versus years 2 through 5 for a 5-year term.
- Because of the way in which interest is accumulated, if no interest is withdrawn during the term, the accumulated value, and consequently the death benefit, will be higher during the remainder of the Guarantee Period, but will equal out at the end of the term to the corresponding Heritage Premier product.
Heritage Premier Plus is most suitable for clients seeking access to interest and/or having more interest earnings available in the first year.
Heritage Premier Plus Surrender Charges
10 of 49