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Index Annuity Spreadsheet

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Index Annuity Spreadsheet As of 08/12/08 INDEX ANNUITY SPREADSHEET This spreadsheet is intended for use as a guide, see company literature for details Carrier Allianz Allianz Allianz Allianz Allianz Ratings A.M. Best A A.M. Best A A.M. Best A A.M. Best A A.M. Best A S&P AA- S&P AA- S&P AA- S&P AA- S&P AA- Assets 62.8 Billion 62.8 Billion 62.8 Billion 62.8 Billion 62.8 Billion Product Name Endurance 10 Endurance 15 MasterDex MasterDex 5 MasterDex 10 Crediting Method 10 % Premium 15% Premium One Crediting 7% Premium Bonus 12% Premium Bonus Bonus* Bonus* Method in 1st 5 years until 09- in 1st 5 years until 09- 15-08, contact CPS 15-08, contact CPS 1) Annual reset/ratchet 1) Annual reset/ratchet Annual Reset/Ratchet for more details for more details Point to Point Point to Point Monthly Pt-Pt 2) Annual Reset/Ratchet 2) Annual Reset/Ratchet Annual Reset/Ratchet Annual Reset/Ratchet Monthly Point to Point Monthly Point to Point Fixed Acct Monthly Pt-Pt Monthly Pt-Pt 3) Annual Reset/Ratchet 3) Annual Reset/Ratchet Monthly Average w/ Monthly Average Choice of S&P 500 or Fixed Acct Fixed Acct. Spread 4) Fixed Acct NASDA 100 4) Fixed Acct Choice of S&P 500 or Choice of S&P 500 or Choice of S&P 500, NASDAQ 100 NASDAQ 100 Choice of S&P 500, NASDAQ 100, FTSE or NASDAQ 100, FTSE or Blended Index(BL) Blended Index(BL) Premium Listing Flexible for 3 years Flexible for 3 years Flexible for 3 Years Flexible for 5 Years Flexible for 5 Years $25 min $25 min $25 min $25 min $25 min Crediting Rates 100% PR guaranteed 100% PR guaranteed 100% PR guaranteed 100% PR guaranteed 100% PR guaranteed __NAS S&P FTSE BL __NAS S&P FTSE BL 1) 6.25 6.25 6.75 7.25 1) 6.25 6.25 6.75 7.25 Monthly Cap – 2.6% Monthly Cap – 2.4% Monthly Cap–2.90% 2) 3.10 2.60 2.50 N/Av 2) 3.10 2.60 2.50 N/Av 1% Minimum Cap 1% Minimum Cap 1% Minimum Cap 3) 5.00 3.10 2.50 .80 3) 5.00 3.10 2.50 .80 4) 2.75 4) 2.75 Fixed Acct. – 2.25% Fixed Acct. – 2.25% Fixed Acct. – 3.25% (2.0% Min.) (2.0% Min.) (2.0% Min.) Commission Yr1 Yrs2-3 Trail Yr1 Yrs2-3 Trail Yr1 Yrs2&3 Trail Yr1 Yrs2-5 Trail Yr1 Yrs2-5 Trail A 5.0 2.5 0 A *9.0 4.0 0 A 7.0 3.5 0 A 9.0 4.5 0 A *10 4.5 0 B 3.0 1.5 .33 B *6.5 2.75 .33 B 5.0 2.5 0.5 B 7.0 3.5 0.5 B *8.0 3.5 0.5 C 0.5 0.25 1.0 C *3.0 1.0 1.0 C 3.0 1.5 1.0 C 4.5 2.25 1.0 C *5.5 2.25 1.0 Commissions reduced at Commissions reduced at Commissions reduced at Commissions reduced at Commissions reduced at ages 76+ ages 76+ ages 76+ ages 76+ ages 76+ Issue Ages 0-80 Q or NQ 0-80 Q or NQ 0-85 Q or NQ 0-85 Q or NQ 0-85 Q or NQ Minimum Issue $10,000 Q and NQ $10,000 Q and NQ $10,000 Q and NQ $10,000 Q and NQ $2000 Q / $5000 NQ Maximum Issue $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 (approval req. 500k+) (approval req. 500k+) (approval req. 500k+) (approval req. 500k+) (approval req. 500k+) Free Annual Partial 10% of prem. per yr 10% of prem. per yr 10% of prem. per yr 10% of prem. per yr 10% of prem. per yr Withdrawal up to 50% total up to 50% total up to 50% total up to 50% total up to 50% total Surrender Charges 7 years 10 Years 7 years 10 years Client can take lump 9/8/7/6/5/4/3 9.1/8.19/7.28/6.37/5.4 10/9/8/7/6/5/4 15/14/13/12/11/10/9/87/6 sum of 87.5% of 6/4.55/3.64/2.73/1.82/ (+/- MVA) (+/- MVA) premium at 1.5% .91 Minimum Guarantee 90% of premium at 90% of premium at 75% of premium at 80% of premium at 75% of premium at 1.5-3% (floating) 1.5-3% (floating) 3% 3% 3% Comments *Prem. bonus is credited *Prem. Bonus credited to Additional deposits Additional deposits two-tiered product, client to the EWB value, EWB the EWB value, EWB allowed in 1st 3 years – allowed in 1st 5 years will must annuitize this receives 110% index receives 110% index do not reset surrender receive bonus and do contract for 10yr min earnings earnings not reset surrender anytime after 5th yr Trail commission options *Increase of 1% comp Addt’l depos do not reset *Increase of 1% comp start in 2nd year, based Trail commission options through issue dates until surrender through issue dates until on AV at beginning of start in 2nd year, based 09.30.2008, call CPS for 09.30.2008, call CPS for the year on AV at beginning of more details After seven years, client more details the year Additional deposits may access the EWB Death Benefit = AV allowed in 1st 5 years will value by choosing one of Addt’l depos do not reset Lump Sum Death Benefit = AV receive bonus and do two options (Scheduled surrender Lump Sum not reset surrender w/d over a period as NH Waiver – 30 days, short as 10 years or After ten years, client after year 1, n/a in KS NH Waiver – 30 days, Trail commission options Guar. w/d for life) may access the EWB after year 1, n/a in KS start in 2nd year, based Can annuitize after year value by choosing one of Client can walk away on AV at beginning of 5 for full A.V (does not two options (Scheduled after 7 years Client can walk away the year include prem bonus or w/d over a period as after 10 years Death Benefit option of interest enhancement) short as 10 years or surrender value or Death and Nursing Guar. % w/d for life *Similar product payout of 5 yrs (min.) Home Benefit Available depending on age) available in New York and vary state to state Death and Nursing NH Waiver – 30 days, Home Benefit Available after year 1, n/a in KS – and vary state to state 20% or IO Product NOT in DE,HI,IL,IA,MD, DE,HI,IL,IA,MD, NY, OR, UT NY*, OR, UT NJ, NY,OR, UT, WA these states MA,MN,MS,NJ,NY,OK MA,MN,MS,NJ,NY,OK OR,PA,UT,VT,WA OR,PA,UT,VT,WA 3420 E. Shea Blvd, #152, Phoenix, AZ 85028 (602) 494-9500 / (800) 516-0283 / FAX (602) 494-0500 / www.lbiusa.com As of 08/12/08 INDEX ANNUITY SPREADSHEET This spreadsheet is intended for use as a guide, see company literature for details Carrier American General American General American General American General American General Ratings A.M. Best A+ A.M. Best A+ A.M. Best A+ A.M. Best A+ A.M. Best A+ S&P AA+ S&P AA+ S&P AA+ S&P AA+ S&P AA+ Assets 53.1 Billion 53.1 Billion 53.1 Billion 53.1 Billion 53.1 Billion Product Name Global Index Bonus Global Index 6 & 8 HorizonIndex VisionAdvantage VisionMaximizer Crediting Method Premium Bonus 5% *Premium Bonus 5 Crediting Methods 5% Premium Bonus 4 Crediting Methods 4 Crediting Methods 9yr-3% 12yr-4% 1) Fixed Acct 4 Crediting Methods 1) Fixed 1) Fixed 3 Crediting Methods 2) Ann. Reset/Ratchet 1) Fixed Acct 2) Annual Reset/Ratchet 2) Annual Reset/Ratchet 1) Biannual reset/ratchet Mo. Avg. w/ Spread 2) Ann. Reset/Ratchet point to point Global point to point Global pt-pt 3) Ann Reset/Ratchet pt- Mo. Avg. w/ Spread Blended Index w/ Cap* Blended Index w/ Cap* 2) Monthly Pt-Pt w/ Ann. to-pt with 100% PR rate 3) Ann Reset/Ratchet pt- 3) Annual Reset/Ratchet 3) Annual Reset/Ratchet Reset/Ratchet 4) Ann Reset/Ratchet pt- to-pt with 100% PR rate Point to Point w/ PR Point to Point w/ PR 3) Fixed to-pt with 80% PR rate 4) Ann Reset/Ratchet pt- 4) Annual reste/Ratchet 4) Annual reste/Ratchet 5) Ann Reset/Ratchet pt- to-pt with adjustable PR Monthly Point to Point Monthly Point to Point S&P 500 Index to-pt with adjustable PR rate rate *Blended Index *Blended Index S&P 500 Index S&P 500 Index Premium Listing Single Flexible Single Single Single $2,000 min addt’l ($100/mo EFT) Crediting Rates 6 8___ 9yr 12yr 5yr 7yr __ 9yr Rates: 1) 4.40% 1) 4.40% 4.70% 2yr- 20.00% 20.00% 1) 4.05% 4.65% 5.10% 1) 4.30% 2) 7.75% 2) 7.75% 8.25% MoPt- 2.50% 2.50% 2) 3.00% 2.00% 1.25% 2) 3.00% 3) 45.0% 3) 45.0% 45.0% Fixed- 4.45% 4.55% 3) 8.50% 10.0% 11.0% 3) 9.00% 4) 2.60% 4) 2.60% 2.60% 4) 9.00% 10.5% 11.5% 100% PR guar.
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