To help protect your client’s money under certain circumstances, we’ve added Return of Premium (ROP) surrender and death benefits for Nassau Personal Income Annuity®, Nassau Personal Protection Choice®, and Nassau Personal Retirement Choice® set at premium less prior withdrawals less prior income rider fees.*

Return of Premium Surrender Benefit
Prior to annuitization and upon full surrender after the surrender charge period, cash surrender value will not be less than premium (less prior gross withdrawals and cumulative prior income rider fees). Rider exercise will terminate this benefit.

Return of Premium Death Benefit
Prior to annuitization and upon death, the annuity’s contract value will never be less than the premium (less prior gross withdrawals and cumulative prior income rider fees) and is payable to specified beneficiaries upon death. The death benefit is unaffected by rider exercise.

*The ROP Surrender Benefit is not currently available in the following states: AK, CT, HI, KY, LA, MN, MO, NJ, NC, OR, PA, RI, TX, UT, VA, or WA.

Transition Rules

ROP benefits on PIA, PPC, or PRC applications that are:

• Signed, dated and issued on or before 01/30/2022 will not be available.
  • If the ROP benefits are requested, an Acknowledgement Form signed by the client and producer will be required and the issue date must be on or after 01/31/2022.
• Signed and dated on or before 01/30/2022 and issued on or after 01/31/2022 will be available.
  • An Acknowledgement form signed by the client and producer will be required.
• Signed, dated and issued on or after 01/31/2022 will be available.

No Additional Training Required
Producers who previously completed PIA/PPC/PRC do not have to re-take courses for these products as a result of the new ROP benefits.

Disclosures

For Producer Use Only. Not for distribution to the public.

Product features, rider options, and availability may vary by state. Product sales must be appropriate based on a comprehensive evaluation of the customer’s financial situation, needs, and objectives. Guarantees are based on the claims-paying ability of the issuing Company. Nassau does not provide financial advice or act as a fiduciary in the sale or service of its contracts.

Nassau Growth Annuity (19FIA3, ICC19FIA3, 19GLWB3, 19ECH), Nassau Personal Income Annuity (19FIA, ICC19EIAN, 19ISN, 19GLWB2), Nassau Personal Protection Choice (19FIA, ICC19EIAN,19RN, 19GLWB2, 19GMDB-S.1, 19EWB) and Nassau Personal Retirement Choice (19FIA, ICC19EIA, 19ISB, 19GLWB2) single premium fixed indexed annuities are issued by Nassau Life and Annuity Company (Hartford, CT). In California, Nassau Life and Annuity Company does business as “Nassau Life and Annuity Insurance Company.” Nassau Life and Annuity Company is not authorized to conduct business in MA, ME and NY, but that is subject to change. Nassau Life and Annuity Company is a subsidiary of Nassau Financial Group. BPD40801

Insurance Products: NOT FDIC or NCUAA Insured | NO Bank or Credit Union Guarantee