AnnuityAdvisors - Where advisors go for advice

Commision

 StartEnd
2.00 %075
1.00 %7685
  • 1st Year Rate: 1.80 %  (1.50% under $100k)
  • Rate Thereafter: 1.80 %  (1.50% under $100k)
  • Avg. Annual Yield: 1.80 %  (1.50% 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 %, 4 %, 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: $192,292,552
  • Total Liabilities: $186,003,879
  • Seperate Accounts: $57,530,427
  • Total Surplus and AVR: $8,245,895
  • As % of General Account Assets: 6.10 %

Invested Asset Distributed & Yield

  • Total Invested Assets: $130,163,966
  • Bonds: 76.00 %
  • Stocks: 0.70 %
  • Mortgages: 16.50 %
  • Real Estate: 0.10 %
  • Policy Loans: 1.00 %
  • Cash & Short-Term: 0.30 %
  • Other Invested Assets: 5.30 %

Net Yield on Mean Invested Assets

  • 2019 (Industry Average 4.27): 5.03 %
  • 5 Year Average (Industry Average 4.07%): 5.24 %

Non Performing Assets as % of Surplus & AVR

  • Bonds In or Near Default: 1.90 %
  • Problem Mortgages: 0.00 %
  • Real Estate Acquired by Foreclosure: 0.00 %
  • Total Non-Performing Assets: 2.00 %
  • As a Percent of Invested Assets: 0.10 %

Bond Quality

  • Total Value of Bonds: $99,548,847
  • Class 1-2 (Highest Quality): 93.50 %
  • Class 3-5 (Lower Quality): 6.30 %
  • Class 6 (In or Near Default): 0.20 %
  • Weighted Bond Class: 1.5

Income & Earnings

  • Total Income: $20,651,899
  • Net Premiums Written: $14,264,715
  • Earnings Before Dividends and Taxes: $1,000,062
  • Net Operating Earnings: $235,665
All dollar amounts are in thousands