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® Literature
Target Growth 10® is a strong accumulation solution that provides downside market protection.
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.
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. A range of choices allows for diversification in changing markets.
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).
Target Income 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.