Palladium Multi-Year Guarantee Annuity Update Effective 9/01/2020:
- New $250,000 and higher rate band that adds 25 bps to the base crediting rate for all years.
- Maximum issue age increased to age 90
- 10% free withdrawals will be available in year 1 (excluding CA and NY; will be interest-only in year 1 then 10% thereafter)
- Terminal Illness Surrender Charge Waiver is now available in most states
- Updated to be Owner-driven for payout and commissions
- Maturity date has been extended to age 100
- Updated Market Value Adjustment (MVA) Formula
To get help with new illustrations or for more information, call 800-568-5667 or email us at [email protected]
- August 4, 2020
- Brad Neves
- Announcement, Annuity
Looking for Something?
NFG Brokerage
We are a National Brokerage General Agency helping our Distribution Partners achieve great results.
Request a free quote
Our Team is ready to help. Click the button below and be sure to include the details of your quote...we will be back with you As Soon As Possible.
More from our blog
See all posts
New business interest rates for some OneAmerica Care Solutions products are changing…
At Symetra, would like to be part of a bigger solution—one that…
In accordance with illustration regulations, each year at this time, indexed universal…
Effective March 11, 2024, QoL Flex Term is repriced in all states…
Effective March 11, 2024, Select-a-Term (SAT) is repriced in all states, excluding…
New business interest rates for some OneAmerica Care Solutions products are changing…
Interest rates effective Feb. 15New business interest rates for some OneAmerica Care…
SwiftTerm maintains its top competitive positioning for coverage of $500,000 to $3…
