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ActionsUnited Highlights - Ultra-Premier Annuity
ActionsProduct Highlights
Single premium deferred annuity with a fixed interest rate.
Issue Ages: 0-89 (5-year)
0-88 (7-year)
Customer Needs
Designed for customers seeking:
- Competitive interest rates
- An alternative to a certificate of deposit
- A safe place for their money
- Retirement savings
- Rollover from retirement plans
- Tax deferral on growth
- Guaranteed income at retirement
Reasons to Sell Ultra-Premier
- Provides competitive interest rate guarantees
- Offers rate guarantees of 5 and 7 years
- Offers competitive renewal rates
- There are a variety of payout options
United Options - Ultra-Premier Annuity
ActionsLiquidity
10% annual withdrawal with no surrender charge – available immediately (tax penalties may apply)
No withdrawal charges for unexpected life events (see Waiver of Withdrawal Charges)
Systematic withdrawal option
Policy Limits
- $25,000 minimum for Qualified and Non-Qualified Money
- $3 million maximum (without United of Omaha approval)
- Additions may be made during the first policy year, but may be limited. A minimum of $500 is required
Guarantee Period Options
5 - year rate guarantee
7 - year rate guarantee
United Charges and Waiver - Ultra-Premier Annuity
ActionsWithdrawal Charges
5-Year
Year | 1 | 2 | 3 | 4 | 5 |
Charge | 9% | 9% | 8% | 7% | 6% |
7-Year
Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
Charge | 9% | 9% | 8% | 7% | 6% | 5% | 4% |
Waiver of Withdrawal Charges
(subject to state availability)
- Confinement in a hospital or long-term care facility
- Terminal illness
- Unemployment
- Disability
- Death of spouse or minor dependent
- Damage to the owner’s residence
- Transplant surgery
United - Ultra-Premier Annuity Licensing
ActionsDeath Benefit
The accumulation value less any applicable premium tax
Licensing Requirements
- State insurance license
- Appointed with United of Omaha
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