MNL Guarantee Pro

Your interest rate is locked in and guaranteed for your chosen term (3, 5, or 7 years). Interest is credited daily and compounds annually.

You must invest at least $20,000 to purchase this product. Premiums of $100,000 or more qualify for higher interest rates.

After the first contract anniversary, you can withdraw interest earned in the prior year without surrender charges. Systematic withdrawals available at $50 minimum per payment.

If you're confined to a qualified nursing care facility after the first year, you can withdraw up to 100% of your accumulation value without surrender charges (not available in South Dakota).

When your guarantee period ends, you have 30 days to renew at new guaranteed rates (3, 5, or 7 years), elect a payout option, or take a full withdrawal—all without surrender charges or market value adjustments.

At the end of your guarantee period or whenever you choose, you can convert to income payments using options like life income, period certain, joint and survivor, or specified period/amount.

Your accumulation value grows without annual tax liability, allowing more funds to compound over time. Taxes are due only when you access the money.

Your beneficiaries receive the accumulation value of your annuity (less applicable state premium taxes) as a death benefit, either in a lump sum or installments, and may avoid probate.

Withdrawals exceeding the penalty-free amount during your guarantee period are subject to surrender charges (8% in years 1-2, declining to 3% in year 7 for 7-year term). Minimum guarantee: 87.5% of premiums less withdrawals.

Your surrender value may increase or decrease based on changes in interest rate indices since issue. The MVA is limited to surrender charges or credited interest.

Available to ages 0-90 (qualified and non-qualified). Ages 0-17 require a UGMA or UTMA custodial account.