Navigator Ultra MVA 7

Navigator Ultra MVA 7

Product Name

Navigator Ultra MVA 7

Annuity Type

Multi-Year Guarantee Annuity

Issuing Insurance Company and Ratings

Western United Life Assurance Company - View details

B++
(5th of 15 ratings)
Not Rated
Not Rated
Not Rated
39
(percentile of rated companies)

Product Information

The Navigator Ultra MVA 7 is a deferred multi-year guarantee annuity issued by Western United Life Assurance Company.

The current 7 year guarantee period annual yield is 4.40% (see Rate Details below). This is the guaranteed annual yield, including bonuses if applicable, for the initial guarantee period term, up to the first penalty free full withdrawal window. The Navigator Ultra MVA 7 has a full penalty free withdrawal window after 7 years.

Details on additional penalty waivers can be found in the Penalty Free Withdrawal Provisions section below.

Western United Life Assurance Company is rated “B++” by A.M. Best, was founded in 1975, and has over $1.4 billion in total assets.

Rate Details

Sep 15th, 2022
Not Scheduled
7 years

Premium Amount: $10,000 - $1,000,000

Current
7 Year Guarantee Period Annual Yield: 4.40%
Interest rate start of year 1 through end of year 7: 4.40%

Initial Surrender Charge and MVA Periods

Early Surrender Charges: 7 years
Market Value Adjustment (MVA): 7 years
Penalty Free Full Withdrawal Window Available After: 7 years

State variations may exist, refer to product disclosure for details. 

Policy Details

Min Premium Non-Qualified: $10,000
Max Premium Non-Qualified: $1,000,000
Max Issue Age Non-Qualified: 75
Rate Lock on Transfers: 60 days
Death Benefit: Surrender Value

Min Premium Qualified: $10,000
Max Premium Qualified: $1,000,000
Max Issue Age Qualified: 75
Subject to MVA: Yes
Income Rider Available: No

Penalty Free Withdrawal Provisions

First Year Withdrawals: None
Cumulative Withdrawals: No
Penalty Waivers: None

Years 2+ Withdrawals: None
RMD Friendly: No

See product brochure, disclosure and riders for additional details, limitations and availability. State variations, age restrictions and holding periods may apply.

State Variations

Not available in:  CA and NY (as of 05/19/2022)