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Midland National Life


BenefitPay 14 (FL, IN, MD, MS)


A Fixed Indexed Annuity with a 14-year surrender period.
This product is not available in *** *** *** *** *** *** *** *** ***

Ratings
  A.M. Best :  A+   Fitch:  A+   Standard & Poor's:  A+  

Rates
  Current Rates
xx/xx/xxxx
Guaranteed
Minimum Values
   Cap Spread Cap Spread
1 Year DJIA Annual Daily Average Index Margin   ***    ***   ***   *** 
1 Year NASDAQ-100 Monthly Point-to-Point Index Cap Rate   ***    ***   ***   *** 
1 Year S&P 500 Annual 500 Daily Average Index Margin   ***    ***   ***   *** 
1 Year S&P 500 Annual Point-to-Point Index Cape Rate   ***    ***   ***   *** 
1 Year S&P 500 Low Volatility Daily Risk Control 5% Index Margin   ***    ***   ***   *** 
1 Year S&P 500 Monthly Point-to-Point Index Cap Rate   ***    ***   ***   *** 
1 Year Fixed Account   (Rate guaranteed for 1 Year) *.** % *.** %

State Specified Minimum Interest Rate: ****
Premium Bonus
- none -

Policy Notes

The @annuityname@ is a singl --[ subscription required to view full text ]--
*** @***********@ ** * ****** ******* ******** ***** ***** ******* ******** ** ** ******* ******** *** ******* ***** ***********. ** ****** *** ******** ** ******** ********, ******** ******** ******** *** ********* ******* **** **** *** ***** ********. *** @***********@ *** * @*******@ ********** ****** ****** **** ** *** *********.

** *********** ******** ** *** ********* ****: *) ***** ** *** ****** ** *** ***** ******* ****** **** ******** ****, ******* *** **** ** ****** ******* *** ** ****** **********, ***/** *) * *********** ***** *******.

Provisions
Free Look Period: ****
(Free look period may vary by state)
Rate Lock Protection: ****
Bail Out Provision Available: ***
*** *** ***: ****
Loan Provision Available: ***
*** *** ***: ****
Tax Sheltered: ***
Market Value Adjustment: ***
MRD: ***
Front-End Fee: ***
Annual Maintenance Fee: ***
Return of Premium Available: ***
Death Benefit is: *** ****
Premiums
  Non-Qual Qualified
Min Single Premium: **** *******
Max Single Premium:
Age < xx: **** *******
Age > xx: **** *******
Payroll Deduction: **** ****
Min Added Premium: **** ****
Flexible Premiums ******* : ****  
Min Single Premium Impaired: ****** ******
Min Single Premium Period Certain: ****** ******
 
Age Restrictions
  Min Age Non-Qual Qualified
Owner:   ***** *****
Annuitant: ***** ***** *****
Impaired:   ***** *****
Annuitization Age:   ***** *****

***** ***** ***** ****** *** **** * ***** ****** *** ****** ***** ** ******** *** ***** ***** ***** ****** *** **** * ***** ***** ***** ***** ****** *** **** * *****


Systematic Withdrawals


Systematic withdrawals are ***** ** *** ****** ****
*****************: **** ****** **** *****

**** *** ***** ** $****.**
*** *** ****** *** $****.**
**** ***** ******* ***** ******* * ****** ***** ****

MVA Explanation

The @annuityname@ includes an I --[ subscription required to view full text ]--
*** @***********@ ******** ** ******** **********, ***** ********* ****** *** ******* ** ****** ****** ******** ***** **** ** ******** ******* ** ******** **********. ** ** ******* **** ****** *** ******** ********** ****** ** **** ********** *** ** *** ******* ********* ** ****** ** *** ********** *******-**** ******* ********* ******. **** ********** *** ******** ** ******** *** ********* ***** ********* ** *** ****** ** ******** ***** ****** *** ****** ***** *** ********* **** @***********@ *******. *** *** “************* *** ******** **********” ******** *** **** ***********. ****: *** ********** ** *** ******.

Commissions
Effective date of commission schedule: 01/15/2019
Commissions are ******* ** ***** *** ** ******* **** ***** ******* **** ***** ****** **** **** ** ******* *****.
BenefitPay 14 (FL, IN, MD, MS)
Up to age 75 Year 1 Year 2 Year 3 Year 4 Year 5
Initial Premium: **** **** **** **** ****
Renewal Premiums: **** **** **** **** ****

Option B

BenefitPay 14 (FL, IN, MD, MS)
Up to age 75 Year 1 Year 2 Year 3 Year 4 Year 5
Initial Premium: **** **** **** **** ****
Trail: Trail years ***+ is *****

Option C

BenefitPay 14 (FL, IN, MD, MS)
Up to age 75 Year 1 Year 2 Year 3 Year 4 Year 5
Initial Premium: **** **** **** **** ****
Trail: Trail years ***+ is *****

Option D

BenefitPay 14 (FL, IN, MD, MS)
Up to age 75 Year 1 Year 2 Year 3 Year 4 Year 5
Initial Premium: **** **** **** **** ****
Trail: Trail years ***+ is *****

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