Fixed Annuities
New Century Series
Available from Columbian Mutual Life in CT, DC, DE, IL, IN, MA, MD, ME, MI, MN, MO, NC, NH, NY, OH, OK, PA, RI, SC, TN, VA, VT, WI, WV.SINGLE PREMIUM DEFERRED ANNUITY
(Policy Form No. SPDA 04-00 and state variations)
- Annuitant issue ages: 0 through 85
- Minimum contributions $2,000 qualified and $5,000 non-qualified
- Maximum contribution $250,000 (Contributions exceeding $250,000 are considered with prior Company approval.)
- Initial interest rate guaranteed for two years; minimum guaranteed renewal rate 3.0%
- Surrender charges for first six contract years
Year Charge 1 7 % 2 6 % 3 5 % 4 4 % 5 3 % 6 2 % Thereafter None
FLEXIBLE PREMIUM DEFERRED ANNUITY
(Policy Form No. FPDA 04-00 and state variations)
- Annuitant issues ages: 0 through 85
- Minimum initial contribution $250; subsequent $25
- Maximum initial contribution $50,000 (Contributions exceeding $50,000 are considered with prior Company approval.)
- Initial rate guaranteed for one contract year; minimum guaranteed renewal rate 3.0%
- Surrender charges for the first nine contract years
Year Charge 1 7 % 2 7 % 3 7 % 4 6 % 5 5 % 6 4 % 7 3 % 8 2 % 9 1 % Thereafter None
SINGLE PREMIUM IMMEDIATE ANNUITY
(Policy Form No. SPIA 04-00 and state variations)
- Annuitant issue ages: 0 through 95
- Minimum contribution $10,000
- Maximum initial contribution $250,000 (Contributions exceeding $250,000 are considered with prior Company approval.)
Product specifications vary by state.
