Farmers Harvest
Farmers Life Insurance Company
11.75%
Best Cap
5%
Free W/D
27
States
A fixed indexed annuity that credits interest based on stock market index performance while protecting your principal from market losses. Designed for investors seeking growth potential with downside protection and a guaranteed foundation for retirement income.
Free Withdrawal
5%/yr
Available In
27 states
Min Premium
$10,000
Surrender
10 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| Bloomberg Global Momentum Diversified Leaders 5% ER Index | Annual | -- | 140% | -- |
| NASDAQ-100 Volatility Control 7% Index | Annual | -- | 90% | -- |
| S&P 500 Index | Annual | 11.75% | 100% | -- |
| S&P U.S. Dividend Growers VA RC2 7.5% Index (USD) ER | Annual | -- | 70% | -- |
| Fixed Account | Daily | -- | -- | 3.75% |
Key Features
Index-Based Crediting
Multiple crediting strategies availableEarnings credited based on performance of indices like S&P 500, Nasdaq-100, or dividend-focused indices; market losses don't reduce your principal
Premium Bonus
5-10% bonus depending on age and termOptional rider that adds an immediate bonus to your initial investment; 7-year and 10-year terms only
Enhanced Death Benefit
No extra feeAutomatically included with no additional cost; beneficiaries receive full contract value at death in lump sum or installments
Penalty-Free Withdrawals
10% annually, or RMD if qualified planAfter the first year, withdraw up to 10% of contract value annually without surrender charges or market value adjustment
Surrender Charge Schedule
5-10 year terms with declining chargesCharges decline annually during the guarantee period; for example, 9% in year 1 declining to 0.9% in year 10 on a 10-year contract
Enhanced Liquidity Package
Not available with premium bonus optionOptional riders that increase penalty-free withdrawal to 20% if no withdrawals taken in prior year and allow access in terminal illness or nursing care situations
Fixed Account Option
Rate varies by current market conditionsAlternative to index crediting with a guaranteed annual fixed rate
Highlights
Choose from 5, 7, or 10-year terms with flexibility to match your timeline
Optional premium bonus (5-10%) adds immediate value to your initial investment
Multiple index crediting strategies including S&P 500, dividend growers, and momentum indices
Enhanced death benefit automatically included at no cost to protect your beneficiaries
Penalty-free withdrawal access after year one (10% of contract value or RMD)
Surrender Schedule
Yr 1
9%
Yr 2
8%
Yr 3
7%
Yr 4
6%
Yr 5
5%
Yr 6
4%
Yr 7
3%
Yr 8
2.5%
Yr 9
1.5%
Yr 10
0.9%
After
0%
RMD waiver
Best For
Investors age 0-85 seeking moderate growth with downside protection, principal safety, tax deferral, and a foundation for retirement income who can commit funds for 5-10 years.
Consider Alternatives If
Investors who need immediate liquidity, frequent access to funds without penalties, or those seeking direct stock market participation or guaranteed income without purchasing an annuity rider.
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