Summit Focus 3 vs Allianz 222

Side-by-side comparison with live CANNEX rate data

Midland National Life Insurance Company

Summit Focus 3

3-Year FIA: Simple Growth + Full Market Protection

Cap Rate

30%

Participation

200%

Fixed Rate

3.7%

Free W/D

5%

A.M. BestA+
FitchA+
Standard & Poor'sA+

Strategies (3)

BlackRock ESG U.S. 5% Index ER200% part
S&P 500 Index30% cap
Fixed Account3.7%

Surrender (3 yrs)

Y1 8%Y2 8%Y3 7%

Waivers

Nursing home waiverRMD waiver
States49
Min Premium$25,000
Issue Age0–80

Best For

Investors age 0-80 seeking a short-term, straightforward annuity with market protection who want guaranteed crediting rates and don't want complexity or long-term commitment.

Allianz Life Insurance Company of North America

Allianz 222

Fixed index annuity with bonuses and guaranteed lifetime income potential

Cap Rate

4.5%

Participation

100%

Fixed Rate

2.8%

Free W/D

10%

A.M. BestA+
Moody'sAa3
Standard & Poor'sAA

Strategies (9)

BlackRock iBLD Claria II Excess Return Index100% part
Bloomberg US Dynamic Balance II ER Index85% part
PIMCO Tactical Balanced ER Index105% part
S&P 500 Futures Daily Risk Control 5% Index Excess Return145% part
S&P 500 Index4.5% cap

Surrender (10 yrs)

Y1 10%Y2 10%Y3 10%Y4 8.75%Y5 7.5%Y6 6.25%Y7 5%Y8 3.75%Y9 2.5%Y10 1.25%

Waivers

Nursing home waiver
States1
Min Premium$20,000
Issue Age0–80

Best For

Retirement savers who want principal protection with growth potential and guaranteed lifetime income, especially those not needing immediate income.

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