North American – New Crediting Strategy

  NEW Threshold Participation Strategy (TPS)

Training Required

 

 Available on NAC IncomeChoice 10 and NAC Performance Choice (8 Plus-, 8, 12 Plus-, 12-Year) fixed index annuities. (Not available in CA, HI, ID, IL, IN, NH, OH, PA, RI, SC, UT.) TRAINING IS REQUIRED – click the link below for details.

Click here for training requirements, product information and materials
NEW Index Accounts and Crediting Methods on NAC IncomeChoice In addition to the new TPS crediting method, additional changes to the MNL IncomeVantage include changing to 6 crediting methods and 3 index options.

Click here for details on the new crediting methods and indexes
IMPORTANT: Due to the changes in crediting methods and approval by states, new allocation forms will be required for all products. Please follow the links above for the new forms.

NEW BUSINESS GUIDELINES: The changes noted above will apply to applications received on or after June 7, 2016. To receive the previous product design, applications must be received prior to June 7, 2016.

Posted in Life Insurance.