AnnuityAdvisors - Where advisors go for advice

Commision

 StartEnd
2.40 %080
1.30 %8190
  • 1st Year Rate: 4.25 %  (4.15% in FL)
  • Rate Thereafter: 3.25 %  (3.15% in FL)
  • Avg. Annual Yield: 3.42 %  (3.32% in FL)
  • Minimum Premium: $5,000
  • Flexible/Single Premium: S
  • Minimum Additions: $0
  • Max Issue Age Qualified: 90
  • Max Issue Age Non-Qualified: 90
  • Surrender Schedule: 9 %, 8 %, 7 %, 6 %, 5 %, 5 %, 0 %
  • Action at end of guarantee
    • Rollover (30 day window PRIOR to end of term)
  • Market Value Adjustment: Y
  • Return of Principal Guarantee: N
  • Waiver options
    • Riders available at additional cost
  • Free Withdrawls
    • Must be purchased as rider
  • Annual Fees: $0.00
  • States NOT approved: AK,CA,CT,ID,ME,MI,MN,NH,NJ,NY,PA,WA,WI  (Variation in FL)
  • Days held on Transfers: 45

Assets & Liabilities

  • Total Admitted Assets: $466,383
  • Total Liabilities: $425,334
  • Seperate Accounts:
  • Total Surplus and AVR: $45,543
  • As % of General Account Assets: 9.80 %

Invested Asset Distributed & Yield

  • Total Invested Assets: $454,063
  • Bonds: 44.50 %
  • Stocks: 2.20 %
  • Mortgages: 13.00 %
  • Real Estate: 0.70 %
  • Policy Loans: 0.00 %
  • Cash & Short-Term: 31.80 %
  • Other Invested Assets: 7.70 %

Net Yield on Mean Invested Assets

  • 2019 (Industry Average 4.27): 3.02 %
  • 5 Year Average (Industry Average 4.07%): 2.93 %

Non Performing Assets as % of Surplus & AVR

  • Bonds In or Near Default: 12.60 %
  • Problem Mortgages: 0.00 %
  • Real Estate Acquired by Foreclosure: 0.00 %
  • Total Non-Performing Assets: 12.60 %
  • As a Percent of Invested Assets: 1.30 %

Bond Quality

  • Total Value of Bonds: $202,269
  • Class 1-2 (Highest Quality): 91.60 %
  • Class 3-5 (Lower Quality): 5.60 %
  • Class 6 (In or Near Default): 2.80 %
  • Weighted Bond Class: 1.8

Income & Earnings

  • Total Income: $143,274
  • Net Premiums Written: $53,407
  • Earnings Before Dividends and Taxes: $11,747
  • Net Operating Earnings: $8,891
All dollar amounts are in thousands