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Midland National Unplugged May 2023 - IndexBuilder FIA bonus premium feat. VP of Sales with Midland National Mike Odor
Listen as Mike Odor, VP of Annuity Sales at Midland National, explains why now is a great time to share MNL IndexBuilder® Fixed Index Annuity with your clients.
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FOR FINANCIAL PROFESSIONAL USE ONLY. NOT INTENDED FOR CONSUMER SOLICITATION PURPOSES.
Sammons Financial® is the marketing name for Sammons® Financial Group, Inc.’s member companies, including Midland National® Life Insurance Company. Annuities and life insurance are issued by, and product guarantees are solely the responsibility of, Midland National Life Insurance Company.
Neither Midland National® Life Insurance Company, nor any financial professionals acting on its behalf, should be viewed as providing legal, tax or investment advice. Your client should be advised to rely on their own qualified tax professional.
MNL IndexBuilder® is a fixed index annuity issued on base certificate/contract form AS145A/ ICC16-AS145A.MVA or appropriate state variation including all applicable endorsements and riders.
1. Assumes 2% premium bonus special on MNL IndexBuilder 10. The premium bonus increase may be modified or discontinued at any time without notice. All decisions are at the sole discretion of Midland National® and all decisions are final. No exceptions will be made. Premium bonus may vary by annuity product, premium band and surrender charge period selected and may be subject to a premium bonus recapture. Products that have premium bonuses may offer lower credited interest rates, lower index cap rates, lower participation rates and/or greater index margins than products that don’t offer a premium bonus. Over time and under certain scenarios the amount of the premium bonus may be offset by the lower credited interest rates, lower index cap rates, lower participation rates and/or greater index margins. The premium bonus is not recaptured in the event of death of the annuitant. No premium bonus recapture will occur on any penalty-free withdrawal amount, required minimum distributions (by current company practice*) or under the nursing home confinement waiver, or on any rider charge.
*A feature offered “by current company practice” is not a contractual guarantee of this annuity contract and can be removed or changed at any time.
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By Midland National® Life Insurance CompanyListen as Mike Odor, VP of Annuity Sales at Midland National, explains why now is a great time to share MNL IndexBuilder® Fixed Index Annuity with your clients.
---
FOR FINANCIAL PROFESSIONAL USE ONLY. NOT INTENDED FOR CONSUMER SOLICITATION PURPOSES.
Sammons Financial® is the marketing name for Sammons® Financial Group, Inc.’s member companies, including Midland National® Life Insurance Company. Annuities and life insurance are issued by, and product guarantees are solely the responsibility of, Midland National Life Insurance Company.
Neither Midland National® Life Insurance Company, nor any financial professionals acting on its behalf, should be viewed as providing legal, tax or investment advice. Your client should be advised to rely on their own qualified tax professional.
MNL IndexBuilder® is a fixed index annuity issued on base certificate/contract form AS145A/ ICC16-AS145A.MVA or appropriate state variation including all applicable endorsements and riders.
1. Assumes 2% premium bonus special on MNL IndexBuilder 10. The premium bonus increase may be modified or discontinued at any time without notice. All decisions are at the sole discretion of Midland National® and all decisions are final. No exceptions will be made. Premium bonus may vary by annuity product, premium band and surrender charge period selected and may be subject to a premium bonus recapture. Products that have premium bonuses may offer lower credited interest rates, lower index cap rates, lower participation rates and/or greater index margins than products that don’t offer a premium bonus. Over time and under certain scenarios the amount of the premium bonus may be offset by the lower credited interest rates, lower index cap rates, lower participation rates and/or greater index margins. The premium bonus is not recaptured in the event of death of the annuitant. No premium bonus recapture will occur on any penalty-free withdrawal amount, required minimum distributions (by current company practice*) or under the nursing home confinement waiver, or on any rider charge.
*A feature offered “by current company practice” is not a contractual guarantee of this annuity contract and can be removed or changed at any time.