How is SPDA-7 different from SPDA-5? With a SPDA-7 annuity your money grows for seven years, yielding a higher rate of return.

When is annuitization available? You may annuitize after 12 months for 10 years or longer.

When do monthly interest payments begin? Monthly interest will begin 30 days after policy issue, or if requested, after the policy issue date the payments will be made monthly beginning one month after the monthly interest option effective date.

How is interest calculated?Interest is credited daily and compounded annually to yield your guaranteed rate.

How do I know what my policy is worth? Simply login to view your account information. We also send you annual statements, mailed within a week of the policy’s anniversary date. And you may call 1.800.839.2731 at any time.

Is there a penalty-free withdrawal option? You may withdraw up to 10% of your policy’s accumulated contract value each year after the first year without incurring a surrender charge.

What happens if I move to a nursing home? If you are confined for ninety consecutive days or more in a residential care or skilled nursing facility, you may withdraw up to 50% of the cash value with zero withdrawal charge.

What are the death benefits? Your beneficiary may choose a lump sum or periodic payments, with no withdrawal charges. The death benefit is comprised of the full accumulated cash value of the account minus any previous withdrawals.

In which states is this annuity approved?For a list of states in which this product is available, please contact your agent or call 800.839.2731.