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Contract with ISN to Sell

Washington National's

Annuity Product Line

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Once you have completed the contract, Fax or Mail it back to us.

 

 

Washington National  - RewardMark Annuity and Enhanced Care Rider

Overview

What’s in it for my Clients?

The flexibility and options to grow their retirement savings.

A choice of earnings-boosting bonus products—bonus vests immediately.

A selection of competitive crediting rate strategies:

  • Upside potential of four index strategies, each with only one moving part.
  • Predictable growth of a fixed rate strategy.
  • More competitive caps, spreads, and rates for certain premium levels.

The optional Enhanced Care RiderSM to help them meet unforeseen expenses, including the cost of a long-term care need.

Five ways to access** their savings, including "checkbook" access after 30 days.† Ability to target a specific strategy for withdrawals so they don't miss out on index growth.

Lower surrender charges at older (attained) ages.

Integrity and security of competitive guarantees.

Peace of mind of a death benefit that offers full annuity value at death regardless of issue age.

What’s in it for me?

An index annuity you can tailor to fit your clients' profile–giving you an edge on the competition!

A strong Legacy Producer package, including  Rewards points with each sale.

Premium Bonus

What’s in it for my Clients?

jump-start on earnings with an extra 4%, 8%, or 10% premium bonus on certain products.

The premium bonus:

  • Vests immediately.
  • Becomes part of the strategy value.
  • Applies to additional premium payments.

For example, a $100,000 initial premium into RewardMarkSM Extra 8 would be credited as $108,000 and begin earning interest from day one.

This extra amount is automatically allocated according to their strategy selections.

What’s in it for me?


The ability to help clients increase returns on a suitable replacement or transfer into a RewardMarkSM annuity.

Strategy Choices

 

What’s in it for my Clients?

A choice of:

  • Four index strategies to maximize growth potential.
  • A fixed rate strategy for predictable interest crediting.

The ability to diversify by allocating premium among any available strategy.


Index strategies:
  • S&P 500® ** One-Year Point-to-Point Strategy With Cap.
  • S&P 500® ** One-Year Point-to-Point Strategy With Participation Rate.
  • S&P 500® ** One-Year Monthly Averaging Strategy.
  • S&P 500® ** One-Year Monthly Averaging Strategy With Spread.

The point-to-point index strategies credit interest based on a formula that tracks changes in the S&P 500® ** Index over a one-year period. Each index strategy has only one moving part—a competitive current cap, spread, or participation rate.

Fixed Rate Strategy:
Credits a declared rate for a 12-month term. A new 12-month guarantee period is established and a new interest rate is declared for each premium payment/transfer allocated or renewing. Interest compounds daily!

Clients can transfer premium:

  • From the Fixed Rate Strategy to the index strategies at any time.
  • From and between the index strategies at the end of the term only.

No matter what clients choose, interest credited will never be less than 0% and gains earned in prior terms will never erode.

What’s in it for me?

The ability to help clients diversify their assets within a single product.

Five easy-to-explain strategies cover a range of client needs—from predictable growth to upside potential.

Unique premium banding rewards certain premium levels with more competitive caps and rates.

Enhanced Care Rider

What’s in it for my Clients?
Less worry and more control. Clients can rest assured knowing they're protected financially.

The Enhanced Care RiderSM is not long-term care insurance. It does increase the annuity value, allowing clients to:

  • Control how and when they use the increased value.
  • Avoid underwriting and invasive medical questions.
  • Enhance their current retirement plans and financial independence.

Exceptional value: The yearly charge for the rider is only 0.55% of the greater of the rider premium and rider value.

There are no medical questions or underwriting: The Enhanced Care RiderSM is guaranteed issue.

The rider can be elected only at contract issue, and the designated annuitant must:

  • Be 40-75 years old.
  • Not have been confined to a nursing home or assisted living facility or received care services in the 12 months before the rider effective date.

After six years, clients can receive benefits once the 45-day elimination period is over if the designated annuitant is unable to perform two of six activities of daily living and is receiving care services.

What’s in it for me?
Door Opener - The power to help clients meet unforeseen expenses and preserve their financial independence.

Prospects - A guaranteed-issue solution for clients who want an annuity that provides increased financial protection.

Sales Closer - The increased annuity value provided by the Enhanced Care RiderSM can convince your clients to buy now.

 

Access Options

What’s in it for my Clients?

The security of knowing their money is available for unexpected expenses.

The ability to target the fixed rate strategy for withdrawals,** allowing them to capture interest earned during the term.

Surrender Charge-Free Withdrawals**—Up to 10% of annuity value may be accessed each year after 30 days without surrender charge or MVA. Clients who have a tax-qualified plan may take the greater of 10% or the minimum required distribution each year without surrender charge or market value adjustment.

"Checkbook" Access**,†—Owners can write up to two free drafts per year ($25 per draft charge thereafter) for a minimum of $500 per draft, payable to their bank.

Confinement Waiver††—All or part of annuity value can be accessed without surrender charge or MVA if the owner(s) is confined to a hospital, hospice facility, or nursing home. Amount available depends on age at issue.

Substantially Equal Periodic Payments (SEPP)—Allows clients to avoid incurring income tax penalties on withdrawals prior to age 59½.

Systematic Income Option—Available on an annual, semiannual, quarterly, or monthly basis.

What’s in it for me?
The ability to reassure clients who are concerned about liquidity.

The peace of mind that comes from knowing they can write a "check," if necessary, is especially comforting to clients.

A unique feature allowing clients to target withdrawals** from a specific strategy is a great selling point! Clients won't miss out on index earnings.

 

Guarantees

What’s in it for me?

The peace of mind that comes from knowing their savings are protected by solid guarantees.

Guaranteed Choice of Crediting Rate Strategies
Guarantees the choice of determining how interest is credited.

Guaranteed Access to Premium
Guarantees access to a portion of annuity value each year.

Lifetime Minimum Interest Guarantee
Guarantees interest on 87.5% of principal. The minimum interest rate varies by state and issue date but will never be less than 1% or more than 3%.**

Lifetime Payout Guarantee
Guarantees the right to select a settlement option.

What’s in it for me?

Trust and confidence you build with clients by offering a product that protects their hard-earned retirement dollars with solid guarantees.

The ability to assure your clients they will be treated fairly and with integrity for the life of the contract.

 

Commissions

What’s in it for me?

Up to 9.5% GA-level commissions!

A Producer package that includes:

  • Weekly commissions.
  • 24-hour access to product, policyholder, and commission information.
  • Print-on-demand forms.

Optional asset-based trailing commissions, available on a case-by-case basis.

No mandatory trailing commission.

No reduction of commission for additional premium.
See Compensation Schedule for full details.

 

If you have questions about the following products please contact the Insurance Sales Network

Agent information only