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Commision

 StartEnd
3.50 %075
2.70 %7685
2.00 %8689
  • 1st Year Rate: 3.30 %  (3.15% in NY)
  • Rate Thereafter: 2.30 %  (2.15% in NY)
  • Avg. Annual Yield: 2.40 %  (2.25% in NY)
  • Minimum Premium: $20,000
  • Flexible/Single Premium: S
  • Minimum Additions: $0
  • Max Issue Age Qualified: 89
  • Max Issue Age Non-Qualified: 89
  • Surrender Schedule: 8 %, 8 %, 7 %, 7 %, 6 %, 5 %, 4 %, 3 %, 2 %, 1 %, 0 %  (Different in NY)
  • Action at end of guarantee
    • 30-day window at end of term
  • Market Value Adjustment: Y
  • Return of Principal Guarantee: N
  • Waiver options
    • Hospital
    • Hospital
  • Free Withdrawls
    • 10% Starting in 1st Year
  • Annual Fees: $0.00
  • States NOT approved: All States
  • Days held on Transfers: 30

Assets & Liabilities

  • Total Admitted Assets: $7,999,573
  • Total Liabilities: $7,191,255
  • Seperate Accounts: $2,440,514
  • Total Surplus and AVR: $897,319
  • As % of General Account Assets: 16.10 %

Invested Asset Distributed & Yield

  • Total Invested Assets: $5,484,632
  • Bonds: 75.80 %
  • Stocks: 10.30 %
  • Mortgages: 4.80 %
  • Real Estate: 0.00 %
  • Policy Loans: 2.00 %
  • Cash & Short-Term: 2.50 %
  • Other Invested Assets: 4.60 %

Net Yield on Mean Invested Assets

  • 2016 (Industry Average 4.01): 4.83 %
  • 5 Year Average (Industry Average 4.1%): 4.71 %

Non Performing Assets as % of Surplus & AVR

  • Bonds In or Near Default: 0.40 %
  • Problem Mortgages: 0.00 %
  • Real Estate Acquired by Foreclosure: 0.00 %
  • Total Non-Performing Assets: 0.40 %
  • As a Percent of Invested Assets: 0.10 %

Bond Quality

  • Total Value of Bonds: $4,290,400
  • Class 1-2 (Highest Quality): 92.20 %
  • Class 3-5 (Lower Quality): 7.70 %
  • Class 6 (In or Near Default): 0.10 %
  • Weighted Bond Class: 1.5

Income & Earnings

  • Total Income: $1,391,902
  • Net Premiums Written: $1,201,816
  • Earnings Before Dividends and Taxes: $110,083
  • Net Operating Earnings: $90,326
All dollar amounts are in thousands