A.M. Best: A
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Commision
| Start | End | |
|---|---|---|
| 2.00 % | 0 | 75 |
| 1.00 % | 76 | 85 |
- 1st Year Rate: 2.45 % (2.15% under $100k)
- Rate Thereafter: 2.45 % (2.15% under $100k)
- Avg. Annual Yield: 2.45 % (2.15% 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 %, 5 %, 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