0.00% 

The fixed account offers a declared rate for the first year with a renewal rate declared annually thereafter. The guaranteed minimum interest rate is guaranteed to never be less than 1.00%.

A Premium Bonus of 10% for Issue Ages 0-75 (14-Yr Option); or 5% for Issue ages 0-79 (10-Yr Option- Age 0-79) is applied to all premiums in the first 7 years (except WA).  The premiums bonus is applied to each investment option chosen.   
7 Yr Option Issue Ages 0-85:    No Bonus

Annuity Payment Bonus:  7-yr option - 1% after the eigth year.  10-yr option - 1% after the tenth year.  14-yr option - 2% after the fourteenth year.
 

Minimum: $2,000 for Qualified/$10,000 for Non-Qualified
Maximum: $3 million per annuitant/owner

ISSUE AGES:  7-yr Option:  0-85,  10-yr Option:  0-79,  14-yr Option:  0-75

For policies with premiums of $400,000 or more, commissions will be held for a thirty day free-look period in all states.   

7/10/14 

0 - 85 

7-Yr Option:
10%, 9%, 8%, 7%, 6%, 4%, 2%

10-Yr Option:
15%, 14%, 13%, 12%, 11%, 10%, 8%, 6%, 4%, 2%

14-Yr Option:
18%, 18%, 17%, 15%, 15%, 15%, 15%, 14%, 12%, 10%, 8%, 6%, 4%, 2%

All surrender charges are waived on Accumulation Value at death of the owner or annuitant and the contract value is paid to the beneficiary.
 

After the first policy year, clients may take each year a free partial surrender of up to 10% of the accumulation value.  

After the first contract anniversary, should the annuitant 
become confined to a qualified nursing home facility for at least 90 consecutive days we will increase the Penalty-Free Withdrawal amount to 20% of the Accumulation Value each year while the annuitant is confined.  For ages 75 and younger, this Rider is automatically included with your annuity.  

Surrender charges on IRS-required minimum distributions that exceed the 10% penalty free amount are waived by current Company policy.

The full accumulation value is paid as a death benefit upon death of the annuitant or owner.  The beneficiary may choose to receive payments in either a lump sum or a series of payments.  If joint annuitants are named, the Death Benefit will be paid out at the second death.  If joint owners are named, the Death Benefit will be paid out at the first death.  

A Market Value Adjustment (MVA) will be applied only during the surrender charge period to full surrenders or to any partial surrender in excess of the Penalty-Free Withdrawal amount.

Transfers between accounts are not subject to surrender penalties.

By current Company practice, a client may receive an income from the Accumulation Value after the first year without surrender charges if a Life Income option is chosen during the surrender period or if the annuity has been in force for at least five years and payments are received over at least a 10-year period for the 14-yr option and at least a 5-year period for the 7-yr and 10-yr options. 

The product offers four distinct Crediting Methods:
		
1.	Annual Point-to-Point 
2.	Daily Average
3.             Monthly Pt-to-Pt
4.	Fixed Rate

The seven index options available under the Annual Point-to-Point method:
A.	S&P 500
B.	Dow Jones Industrial Average (DJIA)
C.	NASDAQ 100 Index
D.	S&P 400
E.	Russell 2000 Index
F.              Dow Jones Euro STOXX 50
G.             Hindsight Index Strategy (50% of the Top Performing Index, 30% of the 2nd Best Performing Index, 20% of the 3rd Index)


The four index options available under the Daily Average method:
A.	S&P 500
B.	Dow Jones Industrial Average (DJIA)
C.	S&P 400
D.	Russell 2000 Index

The two index options available under the Monthly Point-to-Point method:
A.             S&P 500
B.             NASDAQ-100 

NACOLAH_Rates.pdf 

Surrender charges may vary by state.

No asset fees during the renewal period.

Annual transfers and reallocations are permitted without penalty.

Indexes are annual reset.

The index cap rate is set at each anniversary date, subject to the minimums.

Minimum guaranteed cash value is 87.5% of premium, less any withdrawals, accumulated at the minimum guaranteed interest rate, less surrender charges.

MVA and Nursing Home Confinement Rider not applicable in all states.

Interest rates and participation rates are held for 45 days for 1035 exchanges.

Incentive Trips:
Write Annuity business with North American and earn travel rewards to put towards your next trip. The more you sell, the farther you can go. Receive a travel award along with concierge travel services from ITA Travel by Design. 
	Level 1: $500 travel reward (Produce between $500,000 and $999,999 in North American Premium)
	Level 2: $1000 travel reward (Produce $1M + in North American Premium)
Applies to applications received from August 10 through October 29, 2010. Transfers and 1035 Exchange premiums must be received by December 15, 2010. 
 

CT, MN & WA :  7-Year Option ONLY

14-Year option : Issue ages 0-75

CA Issue Ages maximum (14 year option Only): 65

TX Issue Ages (10 year option only): 0-55
TX Issue Ages (14 year option only): 0-51 

Commissions 
7 Year Option:
Age     NQ/Q    1st Yr.    
0-85    NQ/Q    7.50%     	                	
Years 2-3	      2.00%		     
Years 4-7	      1.00%	

10 Year Option:
Age     NQ/Q    1st Yr.    
0-79    NQ/Q    7.50%**     	                	
Years 2-3	      2.00%		     
Years 4-10	      1.00%		     

14 Year Option:
Age     NQ/Q    1st Yr.    
0-75    NQ/Q    7.50%**     	                	
Years 2-5	      2.00%		     
Years 6-10	      1.00%		     
Years 11-15     0.00%

FOR TX:
7, 10 & 14 Year Option:   
Year 1             4.65%     	                	
Years 2-3	      0.50%		     
Years 4+	      0.00%		     

7-Yr Option:  Commissions reduced 25% for issue ages 76-80 and 50% for issue ages 81-85.

10-Yr Option:  Commissions reduced 25% for issue ages 76 and above.

In MN & VA, commissions will be reduced by 1%.
    
During the first year, commissions will be charged back as of the date of death, surrenders, partial withdrawals and cancellations. The charge back percentage is as follows: first 6 months, 100%; months 7-12, 50%.  For policies with premiums of $400,000 or more, commissions will be held for a thirty day free-look period in all states.   

Alabama
Delaware
Minnesota
New York
Oregon
Puerto Rico
Utah