Beacon Data Entry

CUSIP Basic Info

CUSIP Number *

CUSIP Name *

Inception Date *

Close Date

CUSIP Note

Scrap Book

The AssuranceSelect 7 Plus (V2) is a modified premium deferred index annuity. The minimum single premium is $10,000 for qualified and non-qualified money. Additional contributions can be made for at least $2,000 during the first 10 contract years. During the first contract year, 10% of purchase payments may be withdrawn without an early withdrawal charge. After the first contract year, 10% of the sum of the account value as of the most recent contract anniversary and all purchase payments received since the most recent contract anniversary may be withdrawn without an early withdrawal charge. Systematic Withdrawal is an option. Surrender charges are 7 years in duration and are waived in the event of annuitization, death, entrance into a nursing home, or diagnosis of a terminal illness. There is a Guaranteed income rider (IncomeSecure) and an optional guaranteed death benefit rider (Inheritance Enhancer). Withdrawals and taxable distributions may be subject to ordinary income tax and if made prior to age 59 1/2, may also be subject to a 10% federal income tax penalty. Early surrender charges may also apply. Guarantees based on claims paying ability of insurer. Products / features may not be available in all states. This is an annuity contract issued by an insurance company and not a bank product protected by the FDIC.

Charge Initial Sales

No Charge Initial Sales available for this product.

M&E Charges

No M&E Charges available for this product.

Surrender Charges

Surrender #4740

Surrender #4741

Surrender #4742

OptiMark LT

CUSIP Basic Info

Contribution / Waiver / Withdrawal