Midland National Endeavor 8 Plus Annuity Review
They are long term insurance products with guarantees backed by the issuing company. Am I paid a bonus on my initial premium at sign-up?
Types of Annuities
This is known as copycatting. Whatever the reason is that you have landed here on our site, you can rest assured that you are now in the right place if you are seeking more in-depth information on the Midland National Life LiveWell Fixed Index Annuity. This is because here at AnnuityGator. This is because we feel that knowing the whole picture is the only true way to know if this annuity is for you, or if there is another that may fit your scenario better.
Just to be clear here, we do want to state that we believe annuities can be a good financial option for many people…as long as the annuity that is purchased fits in well with your overall current and future plans.
Midland National Life Insurance Company has more than a century of experience in the insurance industry. The company was founded back in , initially under the name of Dakota Mutual Life Insurance Company.
Over the years, the company has grown and expanded, through economic depressions and recessions, and even through World Wars. The insurer is today a member of Sammons Financial Group.
The company consistently earns high ratings for its financial strength from the insurer rating agencies, and it has also earned many awards and accolades over time. Due in large part to the ongoing ups and downs of the stock market, fixed index annuities have become much more popular over the past decade or so.
Yet, while this may at first glance seem like an ideal way to go with your savings, if something sounds too good to be true, it typically is! This is an independent product review, not a recommendation to buy or sell an annuity. Midland National Life Insurance Company has not endorsed this review in any way, nor do we receive any type of compensation for providing this review.
This review is meant to be an independent review at the request of readers so that they may see our perspective when breaking down the positives and negatives of this particular annuity.
Prior to purchasing any type of investment or insurance product, it is important that you do your own due diligence and that you consult a properly licensed professional if you should have any specific questions that relate to your individual circumstances. All names, marks, and materials that were used for this review are the property of their respective owners.
For more information on how to compare annuities in order to determine which one may be right for you, click here to obtain our free annuity report.
The LiveWell Fixed Index Annuity is described as a good option for those who are seeking an additional source of income in retirement. That is because, in exchange for a premium payment, you will receive a set amount of money each month, quarter, or year — depending on the income schedule that suits your needs the best.
Along with a guaranteed amount of retirement income, the LiveWell fixed index annuity can provide you with the following benefits: Are there any age restrictions? You can purchase this annuity up to age In some states the age requirements may differ.
In which states is the Endeavor 8 Plus annuity available? The Endeavor 8 Plus annuity is not available in all states. Call to find out if it's available in your state. Does this annuity have an income rider for withdrawing income?
An income rider can be included with your contract for an additional fee. Click here for the income rider brochure.
Does the Endeavor 8 Plus annuity permit any withdrawals without penalties? Fixed Index Annuities Market-linked growth without the risk of loss of premium Guaranteed lifetime income Tax-deferred growth 1 Liquidity features Death benefit may avoid probate. Traditional Fixed Annuities Guaranteed first-year interest rates on traditional annuities; guaranteed multiple-year rates on multiple-year guarantee annuities Tax-deferred earnings Liquidity features Death benefit may avoid probate.
Immediate Annuities Guaranteed income stream Multiple payout options. Midland National is a member of. Market-linked growth without the risk of loss of premium Guaranteed lifetime income Tax-deferred growth 1 Liquidity features Death benefit may avoid probate. Guaranteed first-year interest rates on traditional annuities; guaranteed multiple-year rates on multiple-year guarantee annuities Tax-deferred earnings Liquidity features Death benefit may avoid probate.
Guaranteed income stream Multiple payout options.
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