AnnuityAdvisors - Where advisors go for advice

Commision

 StartEnd
2.50 %079
0.50 %8090
  • 1st Year Rate: 2.30 %  (2.20% under $100k; 2.30% $100k+; 2.45% $250k+)
  • Rate Thereafter: 2.30 %  (2.20% under $100k; 2.30% $100k+; 2.45% $250k+)
  • Avg. Annual Yield: 2.30 %  (2.20% under $100k; 2.30% $100k+; 2.45% $250k+)
  • Minimum Premium: $5,000
  • Flexible/Single Premium: S
  • Minimum Additions: $0
  • Max Issue Age Qualified: 85
  • Max Issue Age Non-Qualified: 85
  • Surrender Schedule: 8 %, 8 %, 8 %, 7 %, 6 %, 5 %, 4 %, 0 %
  • Action at end of guarantee
    • 30-day window at end of term
  • Market Value Adjustment: Y
  • Return of Principal Guarantee: N
  • Waiver options
    • Nursing Home
    • Disability
  • Free Withdrawls
    • Interest-only year 1; 10% starting year 2
  • Annual Fees: $0.00
  • States NOT approved: UT  (Variation in NY)
  • Days held on Transfers: 60

Assets & Liabilities

  • Total Admitted Assets: $21,443,424
  • Total Liabilities: $17,965,696
  • Seperate Accounts: $1,073,891
  • Total Surplus and AVR: $4,198,766
  • As % of General Account Assets: 20.60 %

Invested Asset Distributed & Yield

  • Total Invested Assets: $19,942,327
  • Bonds: 49.70 %
  • Stocks: 16.50 %
  • Mortgages: 23.50 %
  • Real Estate: 1.70 %
  • Policy Loans: 1.70 %
  • Cash & Short-Term: 2.00 %
  • Other Invested Assets: 4.90 %

Net Yield on Mean Invested Assets

  • 2019 (Industry Average 4.27): 3.95 %
  • 5 Year Average (Industry Average 4.07%): 4.03 %

Non Performing Assets as % of Surplus & AVR

  • Bonds In or Near Default: 0.00 %
  • Problem Mortgages: 0.30 %
  • Real Estate Acquired by Foreclosure: 0.80 %
  • Total Non-Performing Assets: 1.10 %
  • As a Percent of Invested Assets: 0.20 %

Bond Quality

  • Total Value of Bonds: $10,076,963
  • Class 1-2 (Highest Quality): 96.20 %
  • Class 3-5 (Lower Quality): 3.80 %
  • Class 6 (In or Near Default): 0.00 %
  • Weighted Bond Class: 1.6

Income & Earnings

  • Total Income: $2,694,360
  • Net Premiums Written: $1,734,982
  • Earnings Before Dividends and Taxes: ($56,693)
  • Net Operating Earnings: ($27,669)
All dollar amounts are in thousands