ANNUITIES: FREQUENTLY ASKED QUESTIONS

   Q:  HOW MUCH DO I NEED FOR MY INITIAL DEPOSIT, AND DO I HAVE TO MAKE DEPOSITS REGULARLY?

   A:  Deposits: An annuity may be opened for any amount, with a minimum deposit of$300. Additional deposits may be made for any amount, at any time, and accumulate interest from the date they are deposited. It is not necessary to make additional deposits to continue the annuity in force.

  Q:  CAN I APPLY REGARDLESS OF MY HEALTH OR AGE?

  A:  Yes. We have no restrictions for opening an annuity related to your health or age.

  Q:  HOW DO I RECEIVE PERIODIC PAYMENTS?

  A:  Periodic Payments: The owner of the annuity policy (the annuitant) selects a settlement option, thereby choosing to receive periodic payments from the accumulated principle and interest on the date selected by the annuitant, but no earlier than age 59 ½  without a federal tax penalty. An annuitant can choose to receive payments for life.

  Q:  WHAT ARE MY SETTLEMENT OPTIONS?

  A:  The annuitant may choose from a variety of settlement options. Included are:

bullet"Interest Only" option: the annuitant receives accumulated interest after age 59 1/2 , periodically, as determined by the annuitant, while the principal continues to accumulate additional interest.
bulletA lump-sum distribution.
bullet"Certain Year and Life option": The annuitant chooses the starting date and the period of time for which benefits are to be received. For example, a 10-year Certain and Life option guarantees a 10 year payment to you or your beneficiaries. If you live longer than 10 years, you continue to receive the same monthly income for life. Under this life income option, the income from the annuity cannot be outlived. Annuitants may choose any option they desire.

  Q:  WHAT IF THE ANNUITY OWNER DIES?

  A:  The death benefit is paid directly to the named beneficiary, avoiding costs, delays and probate. The annuity beneficiary receives the full cash value of the annuity if you die prior to settlement. If you die while receiving retirement benefits, the remaining value of your guaranteed benefits will be paid to your beneficiary.