Key features and target audience
- Steady income for life
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Offers a secure income stream along with the potential for increased earnings based on market performance.
- Minimum investment amount
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Starting from $25,000.
- Early withdrawal penalties
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Penalties of up to 7 percent for withdrawals made within the first six years.
- Annual charges
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Annual contract fees vary from 1.20 percent to 1.45 percent in addition to investment expenses. The lowest annual cost for an initial premium payment of $100,000 is $3,416, equivalent to a 3.4 percent annual fee.
- Ideal candidates
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Individuals with a long-term investment outlook who are open to intricate investment tactics and market uncertainties.