A remarkable new fixed deferred annuity with built-in lifetime income rider that delivers strong income and commission

Fidelity & Guaranty Life's (FGL) Simplicity Elite® single premium, deferred annuity series is a traditional single premium fixed interest annuity with a built-in guaranteed withdrawal benefit rider for lifetime income. Unlike many of the annuity products with en vogue design features, FGL has built a fixed annuity dedicated to delivering more guaranteed lifetime income than many alternatives without being annuitized.

Features include:
  • 10% Simple interest roll-up: The 10% simple interest guaranteed withdrawal benefit is automatically embedded and rolls up for a maximum of 10 years. This guarantees an income base that will be double the initial premium after 10 years.**
  • Impairment benefit: The income payment amount doubles should the annuitant be certified as impaired by a physician, or unable to perform at least two activities of daily living, such as feeding, bathing and dressing (Confinement not required).^
  • Guaranteed death benefit: Pays the greater of the account value, or the initial premium accumulated at 3% simple interest for 10 years,^^ reduced proportionally by any prior withdrawals, paid in a lump sum.
  • Premium bonus: Vesting premium bonuses of 5% and 7% on the 10-and 14-year products, respectively.

What's more, the Simplicity Elite® series pays a very competitive sales commission, at all issue ages.

Read "10 Tickets to Simple Annuity Sales" to find out how well the Simplicity Elite® annuities can work in addressing other annuity markets and income needs.




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FOR PRODUCER USE ONLY. NOT FOR USE WITH THE GENERAL PUBLIC. 12793 - 2013/4/24 | 13-179
*Guaranteed Minimum Withdrawal Benefit (GMWB) feature, 10% Simple Interest, up to 10 years. Roll-up rate is subject to change.
**Assumes no withdrawals.
^See contract for further restrictions and qualifications for the Impairment Benefit.
^^Roll up ends at end of 10 years or age 85, whichever comes first.
Subject to state availability, certain restrictions apply. Optional provisions and riders may have limitations, restrictions and additional charges.
"FGL" when used refers to Fidelity & Guaranty Life,the marketing name for Fidelity & Guaranty Life Insurance Company issuing insurance in the United States outside of New York and, in New York only, Fidelity & Guaranty Life Insurance Company of New York. Each Fidelity & Guaranty Life company is solely responsible for its contractual commitments.
© 2013 Creative Marketing International Corp.