General Fixed Annuity
MYGA stands for
Multi Year Guaranteed Annuity
The Free Amount on all Fixed products AFTER the 1st contract year
What is 10% of the most recent contract anniversary.
Notarized Documents can be received via...
What is e-mail, fax, or mail?
This product does not auto renew into the same term it was previously in
What is APEX Control
For Fixed Annuities Growth is...
What is guaranteed
APEX MYGA First Year Free Amount?
What is 10% of the Premium.
The default delivery method
What is a check by mail to the address of record?
At renewal this product CANNOT be allocated into multiple subaccounts.
Pinnacle Plus MYGA
DLIC Fixed Annuity Fee is...
What is no cost.
The Apex Control First Year Free Amount
What is the Interest Rate for the Policy?
What option allows the client to receive a specific dollar amount requested, regardless of fee's or withholdings?
What is Custom Amount, Net Withdrawal.
Pinnacle Plus MYGA terms available at issue.
What is 3yrs, 5yrs, 7 yrs, and 10 yrs
For Non-Qualified policies issued post TEFRA, the non-taxable portion (cost basis) is..
What is First In, Last Out.
TruSelect MYGA First Year Free Amount
What is 5% of the Premium?
Besides the owner, the only other acceptable payees.
What are financial institutions and charities?
A partial withdrawal that exceeds the free amount, inside the renewal window is...
What is not penalized for the excess withdrawal?
For qualified annuities, what happens in the event an RMD exceeds the Free Amount?
The larger RMD amount becomes the new Free Amount.
Pinnacle Plus MYGA First Year Free Amount.
What is RMD Only. No Free Withdrawal Amount non Non-Qualified Policies.
An MSG requirement is waived when payments greater than $250,000 are sent to a financial institution or...
What is as a check to the address of record