Preferred Rate Plus
Guaranteed Fixed Rate Plan
Interest Rate Options
as of July 11, 2016
• Minimum Investment US $50,000
• Minimum Additions US $25,000
• Issue Age 0 - 85
• Maximum Investment without
Approval* US $3,000,000
Free Withdrawals: After the first plan anniversary, Plan holders are able to make annual free withdrawals up to a cumulative maximum of 10% of their Plan Value for the 3 year plan and 15% for the 5 year plan without paying a Redemption Charge.
Excess Withdrawal: Plan holders always have full access to their Plan Value, subject to the following declining scale of Redemption Charges:
Wealth Transfer Benefit
This benefit will be offered to a surviving Beneficiary upon the death of the Investor prior to Plan maturity. The Beneficiary may elect any of the following options:
- Continuing the Plan “as is”; OR
- Beginning a new Plan with a new selected Guarantee Period with the Investment equal to the Plan Value; OR
- A lump sum payment comprised of the greater of the current Plan Value, less any applicable redemption charges OR the current net Investment of the existing contract.