AnnuityAdvisors - Where advisors go for advice

Commision

 StartEnd
2.50 %079
0.50 %8085
  • 1st Year Rate: 3.50 %  (3.40% under $100k)
  • Rate Thereafter: 3.50 %  (3.40% under $100k)
  • Avg. Annual Yield: 3.50 %  (3.40% under $100k)
  • 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 %, 3 %, 0 %
  • Action at end of guarantee
    • 30-day window at end of term
  • Market Value Adjustment: Y
  • Return of Principal Guarantee: N
  • Waiver options
    • Disability
    • Nursing Home
  • 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: $20,146,571
  • Total Liabilities: $16,853,097
  • Seperate Accounts: $969,764
  • Total Surplus and AVR: $3,829,863
  • As % of General Account Assets: 20.00 %

Invested Asset Distributed & Yield

  • Total Invested Assets: $18,762,513
  • Bonds: 47.80 %
  • Stocks: 14.30 %
  • Mortgages: 24.20 %
  • Real Estate: 1.70 %
  • Policy Loans: 1.70 %
  • Cash & Short-Term: 4.20 %
  • Other Invested Assets: 5.90 %

Net Yield on Mean Invested Assets

  • 2017 (Industry Average 4.10): 4.08 %
  • 5 Year Average (Industry Average 4.02%): 4.31 %

Non Performing Assets as % of Surplus & AVR

  • Bonds In or Near Default: 0.00 %
  • Problem Mortgages: 0.20 %
  • Real Estate Acquired by Foreclosure: 0.70 %
  • Total Non-Performing Assets: 0.90 %
  • As a Percent of Invested Assets: 0.20 %

Bond Quality

  • Total Value of Bonds: $9,555,452
  • Class 1-2 (Highest Quality): 95.50 %
  • Class 3-5 (Lower Quality): 4.50 %
  • Class 6 (In or Near Default): 0.00 %
  • Weighted Bond Class: 1.6

Income & Earnings

  • Total Income: $3,094,941
  • Net Premiums Written: $2,131,327
  • Earnings Before Dividends and Taxes: ($26,302)
  • Net Operating Earnings: ($4,580)
All dollar amounts are in thousands