Alliance Plus P4
Status:
Active
Group:
Product Type:
Fixed Annuity
Product Status:
Draft
Version:
0
Inception Date:
February 17, 1997
Closed Date:
December 01, 2008
Last Modified:
Description:
The Alliance Plus P4 is a flexible premium deferred annuity with a market value adjustment. The minimum initial contribution is $2,000 qualified and $5,000 non-qualified. Additional contributions can take the total premium to the policy maximum of $1,000,000 without home office approval. Withdrawals are on an interest only basis (up to 10% of the contract accumulation value). Systematic withdrawals are also available. Surrender charges are 12 years in length and are waived in the event of death, admittance in to a hospital, or entrance in to a nursing home.
Fee Based:
No
Free Look:
Yes
Plan Types:
HR-10 (Keogh), 403 (b), Non-Qualified, IRA, IRA Rollover, IRA Transfer, Others
Premium Types:
Flexible
States Available:
AL, AR, AZ, CA, CO, DC, DE, FL, GA, HI, IA, ID, IL, KS, KY, IN, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, NE, NH, NM, NV, OH, OK, PA, RI, SC, SD, TN, TX, VA, VT, WI, WV
States Exception:
AK, BERMUDA, CT, GU, ND, NJ, NY, OR, PR, UT, VI, WA, WY
Version Note:
Scrap Book: