Products: Liberty Choice
| Interest Rate Guarantee: | LBL 5.50% 4.50% Base Rate Plus 1.00% 1st Year Bonus CLIC N/A |
| Renewal rate: | Rate Determined Annually |
| Minimum Guaranteed Rate: | 2.90% for policies issued in 2025. |
| Suitability: | Q or NQ (not available as 403(b) or SIMPLE IRA) |
| Maximum Issue Age (Annuitant ALB): | 90 (85 in OK) |
| Minimum Premium: | $5,000 single $100 monthly additions |
| 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 |
| Nursing Home, Disability and Terminal Illness Waivers: | Yes |
| Maximum Withdrawal Charges: | 5 Years 8, 7, 6, 5, 4% +/- MVA first 5 years |
| Death Benefit (Annuitant): | Accumulated Value if annuitant is owner |
| LBL State Availability: | Available in in all states, except AL & NY. |
| CLIC State Availability: | None |
The information above is a brief description. Please refer to the policy form for complete details,including state specific policy language.
