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ActionsUnited Highlights - Income Access Annuity
ActionsProduct Highlights
Single premium immediate annuity with liquidity and income enhancement features.
Issue Ages: 0-75
Customer Needs
Designed for senior investors seeking:
- Guaranteed lifetime income
- Guaranteed minimum death benefit
- Income enhancement features
- Access to account value
Five Good Reasons to Sell Our Income AccessSM Product
- It gives clients a guaranteed income and access to their money
- It provides a guaranteed minimum death benefit
- It offers accelerated benefits
- A nursing home rider increases benefits
- Inflation protection is available
United Features - Income Access Annuity
ActionsIncome Features
- Guaranteed Lifetime Income - monthly, quarterly, semi-annually or annually
- 3% a year inflation protection - optional benefit
- Nursing Home Confinement Benefit - 50% payment increase if confined to a nursing home - optional benefit
- Survivor Continuation Option - policy tied to life of owner and selected survivor
Policy Minimum
$10,000 initial premium
Payouts
Payments must begin from one month up to 13 months following purchase date.
United Annuitization - Income Access Annuity
ActionsAccess Features
Policy Year | 1 | 2 | 3 | 4 | 5 | 6 |
% Returned | 95% | 96% | 97% | 98% | 99% | 100% |
- Return of premium on cancellation-up to 100% less payments received, according to the above vesting schedule.
Other Features
- 3-day free look period
- Tax-advantaged payments
- Flexible payout options
United Licensing and Underwriting - Income Access Annuity
ActionsUnderwriting Guidelines
- Issue ages: 0-75
- Policy minimum: $10,000 initial premium; $100 minimum monthly payout
Death Benefit
- Return of premium at death
- Guaranteed minimum death benefit - optional benefit
- Accidental Death Benefit - doubles death benefit when death occurs in a common carrier accident.
Licensing Requirements
- State insurance license
- Appointed with United of Omaha
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