Products: Bankers 5 Premier
| Interest Rate Guarantee: | LBL 4.75% CLIC 4.75% |
| Renewal rate: | Guaranteed 5 Years |
| Minimum Guaranteed Rate: | 3.00% for policies issued in 2024. |
| Suitability: | Q or NQ (not available as 403(b) or SIMPLE IRA) |
| Maximum Issue Age (Annuitant ALB): | 90 (85 in OK) |
| Minimum Premium: | $10,000 |
| Maximum Premium: | $1,000,000 without prior approval |
| Penalty Free Withdrawals: | Monthly interest if at least $100 or Accumulated Interest |
| Market Value Adjustments: | During first five policy years. Does not apply to Annuitant`s Death Benefit or Penalty Free Withdrawals (no MVA MO or PA) |
| Nursing Home, Disability and Terminal Illness Waivers: | Yes |
| Maximum Withdrawal Charges: | 5 Years 8, 7, 6, 5.5, 4.5% +/- MVA first 5 years (no MVA - PA) |
| Death Benefit (Annuitant): | Accumulated Value if annuitant is owner |
| LBL State Availability: | AK AR AZ CA CO CT DC FL GA HI IA ID IL IN KS KY LA MA MD ME MI MN MO MS MT NC ND NE NH NJ NM NV OH OK OR PA RI SC SD TN TX UT VA VT WA WI WV WY |
| CLIC State Availability: | AK AL DC HI ME MI MO TX VT |
The information above is a brief description. Please refer to the policy form for complete details,including state specific policy language.
