The LiveWell® Guarantee Annuity, a Multi-Year Guaranteed Annuity, issued by Midland National® Life Insurance Company, provides your clients with an option to lock in a fixed rate of return ... and the power to choose how long they want their money to grow.
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SIMPLE • INNOVATIVE • STRAIGHTFORWARD
- Guaranteed Growth—Fixed rate of return your clients can count on1
- Choice of Guarantee Period—From 3, 5, 7, or 10 years
- Tax-Deferred Earnings—Your clients' money grows more quickly, because they won't pay taxes on earnings until they make a withdrawal
- Penalty-Free Partial Surrender—Your clients may take a withdrawal – or not ... it's their choice2
- Stability—Backed by a company that's been in the business for more than a century and is rated A+ (Superior)3,4 by independent analyst A.M. Best
1 For chosen Guarantee Period. Backed by the issuing company.
2 Available only after the first contract year. If your client withdraws more than the Penalty-Free Surrender Amount earned in a given year, a surrender charge and Market Value Adjustment will apply. If your client chooses to take withdrawals before age 59½, a 10% tax penalty will apply.
3 A.M. Best rating affirmed on August 7, 2019. A+ is the 2nd of 15 categories. For the latest rating, access www.ambest.com.
4 Awarded to Midland National® Life Insurance Company and North American Company for Life and Health Insurance®.
Note: The LiveWell® Guarantee Annuity is not available in all states and may vary by state.
In CA, DE, and FL, guarantee periods 7 and 10 are not available.