At The
Florida Annuity Store, we guarantee...."Every
morning when you wake up, you're worth more than you were the night
before."
THE
FLORIDA ANNUITY STORE "SURE THING"
A
Three-Year, Tax-Deferred Annuity Featuring A Fixed Rate of Accumulation
CONTRIBUTION
- The minimum single premium deposit for "A Sure Thing"
Florida Annuity Store Annuity certificate is $10,000.
One hundred percent (100%) of your contribution will be credited to
your certificate.
ACCUMULATION
- "A Sure Thing" Annuity Store
Annuity provides maximum safety and excellent
accumulation rates.
"A
Sure Thing" provides an accumulation rate of 3.50%
for three years. It is our intention that the rate of accumulation will
not be adjusted during the three-year period.
TAXES
- Under current tax law, the accumulation credited to "A
Sure Thing" Florida Annuity Store Annuity
is even more attractive because it accumulates free of current
income taxes.
LIQUIDITY
- With "A Sure Thing" Annuity Store
Annuity, you have access to your funds. You may withdraw up to 10% of
the accumulated value once each certificate year without a surrender
charge. Withdrawals are subject to federal taxes and possible penalty.
Consult your tax professional.
OPTIONS
- Generous income options to fit your circumstances include:
- Interest
Income.
- Income
for a Fixed Period.
- Life
Income.
- Income
of a Fixed Amount.
- Joint
and Survivor Life Income.
- Joint
and Single Life Expectancy (IRA minimum distribution).
- Cash.
DEATH AND
PROBATE - Upon death, the full then-current value of your annuity
will be paid to your beneficiary(ies), avoiding the costs, delays
and publicity of probate. After retirement, the death benefit
will depend upon the form of retirement annuity you choose.
SURRENDER
CHARGE - One of the most attractive features of "A
Sure Thing" Florida Annuity Store Annuity
is its short, three-year surrender charge period. If you surrender
your certificate, your accumulated value will be subject to the following
surrender charge sequence (first - third year): 6%, 5%, 4%, and 0% thereafter.
There is no surrender charge when your certificate is settled
by reason of death.
RENEWAL
- At the end of the three-year period, your annuity certificate may
be renewed at the then-current accumulation rate.
SAFETY
- Your funds are protected by the total resources of Gleaner
Life Insurance Society. The Society purchases only "A"
rated or better bonds and highly secured real estate mortgages. Gleaner
does not purchase "Junk" bonds, commercial real estate or
stocks.
Standard Analytical
Service, analysts of the insurance industry since 1932, reports that
the Gleaner solvency ratio is higher than the average of the 25 largest
companies. Your money is safe with Gleaner.
The
Advantages of "A Sure Thing" Florida Annuity Store Annuity
- Excellent
three-year fixed rate of accumulation.
-
Short, three-year surrender charge period.
-
Maximum safety of your funds at all times: your principal is guaranteed,
subject to surrender charges if applicable.
-
One hundred percent (100%) of your deposits go into your accumulation
fund.
-
Certificate holders receive all Gleaner member benefits, including
the Fraternal Plus accidental death benefit ($1,000), the Loyalty
Bonus (upon renewal), and Hospital and Nursing Home Waivers.
...No Sales Charges.
...No Service Charges.
...No Yearly Maintenance Fees.
