Charge
Product:
AdvanceDesigns Variable Annuity
Product Policy Type:
Variable Annuity
Product Version:
0
No Load:
No
Premium Tax Applicable:
Yes
Annual Maintenance:
30
Max Annual Maintenance:
Annual Maintenance %:
Maintenance Fee Waiver Amount:
Last Modified:
2019-07-25 08:30
Notes:
Issuer also provides a 3-Year Alternate Withdrawal in states where 4-Year Alternate Withdrawal Charge Rider has not yet been approved. Rider provides a withdrawal charge as for years 0-1 = 7%, 1-2 = 6%, 2-3 = 5% and 3-4 = 0%.
Annual Charges
Annual Charge Basis Type:
Annual Charge Frequency:
Annual Deducted When:
Premium Tax
Premium Tax Min:
0
Premium Tax Max:
3
Premium Tax Basis Type:
Premium Tax Frequency:
Distribution charges
Current charge:
Max charge:
Basis type:
Frequency:
Admin charges
Current charge:
0
Max charge:
Basis type:
Variable Account Value
Frequency:
Subaccount fees
Min subaccount fee:
0
Avg subaccount fee:
Max subaccount fee:
2
Total variable account expense:
0
No initial sales for this charge.
M&E charges
M&E charge 1
Internal case name:
Marketing case name:
Sequence:
Current charge:
1
Max charge:
Basis type:
Variable Account Value
Frequency:
Deducted when:
Inception date:
Closed date:
Income phase applicable:
No
States available:
State exceptions:
Exceptions:
No
M&E dep CDSC:
No
CDSC case name:
M&E charge text:
With base contract. For contract value - $100,000 or more; 1.25% - during income phase for selected annuity options.
M&E charge 2
Internal case name:
Marketing case name:
Sequence:
Current charge:
1
Max charge:
Basis type:
Variable Account Value
Frequency:
Deducted when:
Inception date:
Closed date:
Income phase applicable:
No
States available:
State exceptions:
Exceptions:
No
M&E dep CDSC:
No
CDSC case name:
M&E charge text:
With base contract. For contract value - $25,000 - $99,999; 1.25% - during income phase for selected annuity options.
M&E charge 3
Internal case name:
Marketing case name:
Sequence:
Current charge:
1
Max charge:
Basis type:
Variable Account Value
Frequency:
Deducted when:
Inception date:
Closed date:
Income phase applicable:
No
States available:
State exceptions:
Exceptions:
No
M&E dep CDSC:
No
CDSC case name:
M&E charge text:
With base contract. For contract value - $0 - $24,999; 1.25% - during income phase for selected annuity options.