| Product Summary |
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The FGA6 has a six year guaranteed rate matching a six year surrender schedule. The FGA6 also offers an additional .10% for deposits of $100,000 or more. Principal is guaranteed for 90% of premium during the surrender charge period and 100% after the surrender period. It does have an MVA during surrender. |
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| Principal Guarantee* |
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| Principal Guarantee: |
See Above |
| MVA: |
Yes |
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| Rate Lock Policy |
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The FGA has a 45 day rate lock feature. The 45 days starts from the date a request for transfer of funds is received by Standard. If the funds are received within the 45 days the client will get either the held interest rate or the current rate, whichever is greater. |
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| Surrender Schedule |
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| Year |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
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8 |
7 |
6 |
5 |
4 |
3 |
0 |
0 |
0 |
0 |
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| Contributions |
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| Max.: |
$1,000,000 |
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| Min. NQ: |
$15,000 |
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TSA 403b: |
Yes |
| Min. IRA: |
$15,000 |
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401(k): |
Yes |
| Min. add.: |
1st 90 Days Only |
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| Add. Extend Surr.: |
N/A |
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| All IRAs: |
Yes |
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| Liquidity Features |
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| Annual Free WD: |
Interest Only |
| Earnings: |
Yes After 30 Days |
| Cumulative: |
No |
| Systematic: |
Yes |
| Loan Provision: |
No |
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| Waivers |
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| Nursing Care: |
Yes After 1st Year |
| Terminal: |
yes |
| Disability: |
No |
| Unemployment: |
No |
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| Notes |
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Minimum Guaranteed Rate as of 07/12/2010 is 1.00%.
In the event of a rate reduction, to secure the higher rate, the paperwork must be dated prior to the effective rate change date and received within four business days of the rate change date. |
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| Company Ratings |
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| AM Best: |
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A |
| S&P: |
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AA- |
| Moodys: |
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A1 |
| Fitchs: |
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A+ |
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| Current Rates (effective 07/12/2010) |
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| Current first year rate: |
3.20% |
| Includes first year bonus of: |
0.00% |
| Base Rate: |
3.20% |
| Length of rate guarantee: |
6 Years |
| Minimum guaranteed rate: |
1.00%* |
| Average Yield: |
3.20% |
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| State Approval |
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Not Approved In: NJ, NY, PA
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| Age Restrictions |
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| Owner qualified $: |
90 |
| Owner non-qualified $: |
90 |
| Annuitant qualified $: |
90 |
| Annuitant non-qualified $: |
90 |
| Maturity Age: |
95 |
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| Owner/Annuitant Driven |
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Annuitant |
| Mailing Address |
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Overnight Address:
Standard Life
1100 SW Sixth Ave
Portland, OR 97204
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