AnnuityAdvisors - Where advisors go for advice

Commision

 StartEnd
1.50 %075
0.75 %7685
  • 1st Year Rate: 2.35 %  (2.05% under $100k)
  • Rate Thereafter: 2.35 %  (2.05% under $100k)
  • Avg. Annual Yield: 2.35 %  (2.05% under $100k)
  • Minimum Premium: $10,000
  • Flexible/Single Premium: S
  • Minimum Additions: $0
  • Max Issue Age Qualified: 70
  • Max Issue Age Non-Qualified: 85
  • Surrender Schedule: 8 %, 8 %, 8 %, 7 %, 6 %, 0 %
  • Action at end of guarantee
    • 30-day window PRIOR to end of term
  • Market Value Adjustment: Y
  • Return of Principal Guarantee: N
  • Waiver options
    • Extended Care
    • Terminal Illness
  • Free Withdrawls
    • 15% after 1 year
  • Annual Fees: $0.00
  • States NOT approved: NY
  • Days held on Transfers: 30

Assets & Liabilities

  • Total Admitted Assets: $176,784,738
  • Total Liabilities: $170,434,483
  • Seperate Accounts: $49,618,042
  • Total Surplus and AVR: $7,933,062
  • As % of General Account Assets: 6.20 %

Invested Asset Distributed & Yield

  • Total Invested Assets: $123,657,618
  • Bonds: 76.60 %
  • Stocks: 0.50 %
  • Mortgages: 15.30 %
  • Real Estate: 0.20 %
  • Policy Loans: 1.10 %
  • Cash & Short-Term: 1.30 %
  • Other Invested Assets: 5.20 %

Net Yield on Mean Invested Assets

  • 2018 (Industry Average 4.10): 5.34 %
  • 5 Year Average (Industry Average 3.99%): 5.35 %

Non Performing Assets as % of Surplus & AVR

  • Bonds In or Near Default: 2.00 %
  • Problem Mortgages: 0.00 %
  • Real Estate Acquired by Foreclosure: 0.50 %
  • Total Non-Performing Assets: 2.40 %
  • As a Percent of Invested Assets: 0.20 %

Bond Quality

  • Total Value of Bonds: $95,013,000
  • Class 1-2 (Highest Quality): 93.60 %
  • Class 3-5 (Lower Quality): 6.20 %
  • Class 6 (In or Near Default): 0.20 %
  • Weighted Bond Class: 1.5

Income & Earnings

  • Total Income: $16,207,761
  • Net Premiums Written: ($10,118,307)
  • Earnings Before Dividends and Taxes: $1,406,438
  • Net Operating Earnings: $906,476
All dollar amounts are in thousands