Strategy Options
Your growth strategy, your way
Secure Horizon Choice offers growth opportunities with index account options that track the performance of one or more domestic and global index options you select.1 In addition, Secure Horizon Choice offers the following crediting strategies:
Annual point-to-point with Participation Rate
The annual point-to-point with Participation Rate options tracks the performance of an index over a one-year term and can credit interest annually at the end of the strategy term. The Participation Rate is a percentage of index growth used to calculate your interest earnings.
Annual point-to-point with Cap Rate
The annual point-to-point with cap rate option tracks the performance of an index over a one-year term and can credit interest at the end of the strategy term. The index growth, if any, is subject to an index cap rate which is the maximum amount of interest credits you can receive. At the end of each year, a new cap rate will be declared and is guaranteed to be the same or higher than the guarantees listed in your contract.
Performance Strategy Ladder with Participation Rate
The Performance Strategy Ladder takes advantage of higher Participation Rates associated with longer terms and offers powerful growth opportunities. The Performance Strategy Ladder provides a series of scheduled transfers over a 5- or 7-year ladder period. Initially, 20% of your premium is divided into five buckets. The first bucket allocates to a 1-year term, the second to a 2-year term, all the way through the 5th bucket allocating to a 5-year term. At the end of the initial strategy term, each bucket transfers into a 5-year term or into a term length equal to the years remaining in the 5- or 7-year strategy ladder period. At the end of the ladder period, the funds will transfer to a 1-year term.2 You may only transfer out of the Performance Strategy ladder to another available annual point-to-point option at the end of a term.
You have the opportunity to further enhance your growth potential by adding a Strategy Charge to several of these strategies.3 In exchange for the Strategy Charge, you receive a higher Participation Rate. The Strategy Charge is known as a Strategy Charge Annual Percentage in the contract. The Strategy Charge amount is determined by the Strategy Charge for the applicable index account value multiplied by the index account value and is deducted on each contract anniversary from the index account value. This may result in an overall reduction of the accumulation value if the interest credit is less than the Strategy Charge.
Explore the growth opportunities available with the Secure Horizon Choice FIA Suite.
1 Not all strategies may be available for every index.
2 Funds will transfer to a 1-year term with the index and Strategy Charge option that was chosen at issue.
3 Not available with the Annual Point-To-Point with Cap or the Fixed Rate Strategy.
Fixed index annuities are not a direct investment in the stock market. They are long term insurance products with guarantees backed by the issuing company. They provide the potential for interest to be credited based in part on the performance of specific indices, without the risk of loss of premium due to market downturns or fluctuation. Although fixed index annuities guarantee no loss of premium due to market downturns, deductions from your accumulation value for additional benefit riders or strategy fees or charges associated with allocations to enhanced crediting methods could exceed interest credited to the accumulation value, which would result in loss of premium. They may not be appropriate for all clients. Interest credits to a fixed index annuity will not mirror the actual performance of the relevant index.
Annexus and their affiliated agencies are independently contracted with North American Company for Life and Health Insurance.
North American Secure HorizonSM Choice is issued on base contract form NA1015A/ICC21-NA1015A or appropriate state variation including all applicable endorsements and riders by North American Company for Life and Health Insurance, West Des Moines, IA. This product, its features and riders may not be available in all states or appropriate for all clients.
Sammons Financial® is the marketing name for Sammons® Financial Group, Inc.’s member companies, including North American Company for Life and Health Insurance®. Annuities and life insurance are issued by, and product guarantees are solely the responsibility of, North American Company for Life and Health Insurance.
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