HELPING YOU STAY ON TOP!

Forethought - Bonus Advantage

 

Providing an Income Rider and Death Benefit Rider like
NOTHING you have ever seen before!

Brokers Alliance is part of a Limited IMO Distribution offering Bonus Advantage.

Call us today to get contracted: (800) 290-7226 ext. 125

 

Bonus Advantage Product Information:

Forms and Applications
Current Rates and State Availability
About Forethought

 

Bonus Advantage Producer Tools:

Bonus Advantage Calculator

 

 

Introducing a NEW annuity from Forethought®

 

 

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  • 5% Premium Bonus applied to Contract Value at issue1
 

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  • Enhanced Death Benefit is equal to the Income Base (prior to the income start date; reduces thereafter), subject to a cap, and is paid out in equal monthly payments over five years.7
 

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  • Choice of four [or 4] crediting strategies
 

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  • 10% Annual Free Withdrawals3
 

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  • 5% Premium Bonus also applied to the Income Base at issue5
 

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  • 6% guaranteed compound accumulation in the Income Base at each Contract Anniversary until the earliest of the tenth Contract Anniversary, age 85, or until income payments start. (The annual accumulation rate does not apply to the Contract Value or death benefit).
 

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  • A predictable stream of guaranteed lifetime income payments even if the Contract Value falls to zero.6
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  • Nursing Home & Terminal Illness waivers2
     
 
 

Plus a truly innovative feature not found anywhere else…

BOOST INCOME PAYOUT PERCENTAGE TEMPORARILY TO 8% OF THE INCOME BASE
If the Owner waits 10 full years or more to start income, the annual income will be boosted temporarily to 8% of the Income Base. This increased amount is payable until it exceeds the remaining Contract Value, at which time the payment will adjust to the amount of the guaranteed lifetime income, which is calculated using the income benefit factors determined by the attained age and income option chosen on the income start

 

1 The 5% Premium Bonus vests over 10 years and is not immediately available for withdrawals or on cash surrender.

2 Subject to state availability. Nursing Home Waiver referred to as the Confinement Waiver Rider in CT.

3 10% of the beginning-of-year Contract Value after the first Contract Year, except in a year of full surrender, in which case there will be charges to the Contract Value withdrawn and the amount previously taken as “free.”  State variations apply.

4 The Optional Income Benefit is available at issue for an annual charge of 0.95% of the Income Base that is deducted from the Contract Value at the beginning of each Contract Year.

5 The Income Base is for determining future income; it does not have a cash value and is not available for cash withdrawals.

6 Assuming withdrawals do not exceed the guaranteed lifetime income. Any withdrawals from the annuity’s Contract Value prior to the income start date or withdrawals in excess of the guaranteed lifetime income after the income start date, will reduce the Income Base, annual guaranteed lifetime income and Enhanced Death Benefit on a pro-rata basis.

7 The Enhanced Death Benefit is subject to a cap up to 250% of premium less an adjustment for withdrawals (will be less than 250% for ages 70 and above). After the income start date, the Enhanced Death Benefit will be reduced for any lifetime income payments on a dollar-for-dollar basis. Any withdrawals in excess of the guaranteed lifetime income payments will reduce the Enhanced Death Benefit on a pro-rata basis.

 

Bonus AdvantageSM, issued by Forethought Life Insurance Company, is available in most states as contract FA1201SPDAX-01, ICC11-FA1201SPDAX-01  and FA1201SPDAXL-01 (or certificate series GA1201SPDAX-01, as applicable).  State variations may apply.  Read the contract for complete details. 

 

FOR AGENT USE ONLY – NOT FOR USE WITH CONSUMERS.