February 2024

Enjoy Less Follow Up and Faster Processing

We are thrilled to announce an exciting enhancement to Nassau’s eApp designed to streamline your new business experience. Beginning February 24th, Nassau’s eApp will be able to instantly verify a producer’s contracting, appointment and training status. This integration means you will know sooner about missing requirements through on-screen messages, reducing delays in processing after submission. These improvements are made possible by entering your National Producer Number (NPN), which has been a required field since late last year.

We are excited to introduce these updates that are designed to allow you to submit with ease of mind and streamline your experience. Here are other benefits and highlights you should know:

Nassau is committed to providing you with the best tools and resources to support your success and strives to continually improve our New Business experience and processes. We know that your time is valuable, and these improvements should make doing business with us more efficient. It’s just one of the many ways we are working harder to be your carrier of choice.

Please call our New Business Team at 800-541-0171 for questions.

Visit SalesNet to learn more or submit an eApp.

Disclosures

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

Annuities are issued by Nassau Life and Annuity Company (Hartford, CT) except in New York where annuities are issued by Nassau Life Insurance Company (East Greenbush, NY). In California, Nassau Life and Annuity Company does business as “Nassau Life and Annuity Insurance Company.” Medicare Supplement insurance is offered by Nassau Life Insurance Company of Kansas (Overland Park, KS). Products may not be available in all areas and are subject to state approval. Nassau Life and Annuity Company, Nassau Life Insurance Company and Nassau Life Insurance Company of Kansas are subsidiaries of Nassau Financial Group. The insurers are separate entities and each is responsible only for its own financial condition and contractual obligations. BPD41662

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

After another great year in 2023, I’m pleased to share that AM Best has revised the outlook to positive for Nassau’s Long-Term Issuer Credit Ratings. This is just one more step in Nassau’s journey to further improve our ratings and accelerate growth.

AM Best also affirmed Nassau’s Financial Strength Rating (FSR) at B++. Day in and day out, we remain focused on executing our plan to improve our FSR.

I remain excited for 2024 and am confident we can achieve great things together. We’ve already hit the ground running with the launch of our innovative new fixed indexed annuity, Nassau Income Accelerator, as well as this year’s Nassau Elite program, where producers who consistently write Nassau can earn stronger benefits than ever before. We are also dedicated to providing best in class service as we continue to grow with you this year, as well as a full suite of print and digital materials to assist you with your marketing.

As always, your feedback remains critical in helping us achieve our growth plans. Let my team and me know how we can better support you. It’s just one way we are working harder to be your carrier of choice.

I am grateful for your partnership and look forward to continuing to grow our businesses.

Tom Buckingham
Chief Growth Officer
Nassau

Disclosures

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

Financial Strength Rating of B++ is 5th of 13 ratings levels and applies to Nassau Life and Annuity Company, Nassau Life Insurance Company, and Nassau Life Insurance Company of Kansas. Ratings are current as of Feb 14, 2024. Ratings are a third-party measure of an insurer’s claims-paying ability. Ratings refer only to the financial overview of the company and are not a recommendation of specific policy provisions, rates, or practices of the insurance company. They do not indicate or guarantee any variable annuity or variable universal portfolio’s credit rating or performance. Rating agencies review rankings periodically and there is no guarantee that current rankings will be maintained in the future. For complete rating information, please contact us.

Annuities are issued by Nassau Life and Annuity Company (Hartford, CT) except in New York where annuities are issued by Nassau Life Insurance Company (East Greenbush, NY). In California, Nassau Life and Annuity Company does business as “Nassau Life and Annuity Insurance Company.” Medicare Supplement insurance is offered by Nassau Life Insurance Company of Kansas (Overland Park, KS). Products may not be available in all areas and are subject to state approval. Nassau Life and Annuity Company, Nassau Life Insurance Company and Nassau Life Insurance Company of Kansas are subsidiaries of Nassau Financial Group. The insurers are separate entities and each is responsible only for its own financial condition and contractual obligations. BPD41657

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

We’re excited to announce that Nassau Income Accelerator (NIA) is now available for sale in the state of Idaho. Idaho will be a Group B state for surrender charge schedules and crediting rates for new business. Updated marketing materials, applications, and forms are available now.

Help Clients Retire on Their Terms with NIA

Help Maximize Social Security and Optimize Total Retirement Income
The Flex-Forward Income Benefit℠ can help fill the income gap between starting retirement and receiving payments from other income sources such as pensions and Social Security.¹ It offers higher income payments early in exchange for lower income payments later.² It includes a 10% Income Benefit Base bonus, plus 10% simple interest roll ups that increase the Income Benefit Base annually for up to ten years.³

Guaranteed, Steady Lifetime Income Options
With the Income Horizon guaranteed minimum withdrawal benefit rider options, clients can earn level income for life to fit their unique retirement timeline. They also include a 10% Income Benefit Base bonus, plus 10% simple interest roll ups that increase the Income Benefit Base annually for up to ten years.³

Growth Potential
Clients can capture upside market performance with 13 indexed accounts that may credit interest when the index experiences positive growth.⁴

Principal Protection
Help clients benefit from the growth of the market while protecting their hard-earned dollars from market downturns.

10% Free Withdrawals Annually
Address liquidity needs with flexible access to funds.

Important Disclosures

1) Nassau Life and Annuity Company, Nassau Income Accelerator and the Flex-Forward Income Benefit rider are NOT connected with, recommended, or endorsed by any governmental program, agency, or entity, including the Social Security Administration.

2) The Flex-Forward Income Benefit rider is only available to issue ages 50-70 of youngest covered person. The youngest covered person must be age 70 or below when the rider is exercised to be eligible for the Early Income Feature. If the rider is exercised at age 71 or older, payments will be set at the Lifetime Income Amount. See the Rider Disclosure for additional information. If the client exercises their rider and starts taking Early Income Amount payments before the youngest Covered Person turns 59½, they may be subject to tax penalties. Please be sure to encourage your clients to discuss their situation with a tax advisor prior to exercising their rider.

3) A rider is required to be elected at the time of application. Each rider includes an annual fee equal to 0.95% of the Income Benefit Base. As the Benefit Base grows, so will the amount of the fee. The Benefit Base is only used to determine income rider benefits and fees. It is not available for withdrawal and is not a guarantee of contract value. The Benefit Base stops growing once the rider is exercised.

4) Growth is not guaranteed. If the sum of fees (including strategy and rider fees) exceeds the amount of interest and index credits, the client will experience a loss of principal. See the Product Disclosure for additional information.

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

Products, rider options and other features are subject to state availability. Actual product details, including all terms and conditions that apply, are contained in the annuity contract. Product sales must be appropriate based on a comprehensive evaluation of the customer’s financial situation, insurance needs, and objectives. Guarantees are based on the claims-paying ability of the issuing company. Nassau reserves the right to revise, add, or change indexed accounts and declared rates at any time.

Nassau, its affiliated companies, and employees do not give fiduciary, legal or tax advice.

Nassau Income Accelerator (19FIA, ICC19EIAN, 19ISN, 19GLWB2, 22GLWB, 22GLWB1.1, 23GLWB2.1, ICC22GLWB1.1, ICC23GLWB2.1, et al.) is 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 ME and NY, but that is subject to change. Nassau Life and Annuity Company is a subsidiary of Nassau Financial Group.

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

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