Protect the principal investment from market downside while also seeing potential accumulation along with diversification and fixed account options.
Focused on protection, driven by growth
Target Growth 10® Product Information
Target Growth 10® fixed index annuity provides strong growth potential with downside market protection.
Target Growth 10® Index and Crediting Strategies Information
Target Growth 10® allows you to invest your money in one or a combination of index strategies and crediting options. Or you could choose one of two balanced and diversified multi-strategy Precision Portfolios.
Guaranteed principal protection
Guaranteed principal protects retirement savings, while growth potential helps prepare for the expected – and unexpected – in retirement. Plus, an included Guaranteed Minimum Account Value (GMAV) that guarantees your annuity's account value will be at least 120% of the initial premium, less any withdrawals, at the 10th anniversary.
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Reallocation flexibility
Have the flexibility to reallocate index strategies at the end of the crediting method term if needs, goals, or risk tolerance shift over time. Select from a range of individual index options to diversify in changing markets or choose one of two balanced and diversified multi-strategy Precision Portfolios designed to give you a simple, tailored way to diversify your portfolio.
Bailout benefit
Withdraw the entire contract value of the annuity without a surrender charge or market value adjustment (MVA) if the renewal cap for the one-year point-to-point S&P 500® Index falls below the contract’s issue cap rate, which is declared at contract issue and will not change during the life of the contract. No allocation to the S&P 500® Index is required to receive bailout protection (based on income).
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Target Growth 10® Legal Disclosure
All products and/or options may not be available in all states. Annuity contracts contain exclusions, limitations, reductions of benefits, and terms for keeping them in force. Your licensed financial professional can provide you with complete details. For use with policy forms ICC17-DLIC-FIA-17 or DLIC-FIA-17.
Target Growth 10® is currently approved for sale in all states EXCEPT: NY and HI.