1 In AK, IN, ME, MN, MO, NH, NJ, NV, OH, OR, PA, SC,
TX, UT and WA, the bonus is 5.5%; in CA the bonus is 7%; in CT and
DE the bonus is 2%.
2 Not available in all states.
3 For the first 10 Contract Years, as long as
Lifetime Annual Income is not taken and the Owner has not reached
age 85, the Benefit Base increases by at least 7% on each Contract
4 On the 10th Contract Anniversary (for a total of 20
years), the 7% Roll-up may be renewed. The 7% Roll-up will apply on
each Contract Anniversary before the Owner reaches age 85 or begins
taking Lifetime Annual Income, whichever comes first.
5 If the Covered Person (or if applicable, the Joint
Covered Person) becomes unable to perform at least two of the six
basic activities of daily living, the GLWB doubles the Lifetime
Withdrawal Rate for up to five years, without affecting the
Lifetime Annual Income after the 5 year period. After the 5 year
period, the Lifetime Withdrawal Rate used to calculate Lifetime
Annual Income will revert to the original Lifetime. Not available
in CA, MD, MN, MO, NJ and WA.
The Security Benefit Secure Income Annuity (Form 5800 (11-10)
and ICC10 5800 (11-10)), is a fixed index flexible premium deferred
annuity contract, issued by Security Benefit Life Insurance
Company. The Guaranteed Lifetime Withdrawal Benefit (GLWB) Rider
(Form 5820 (11-10) and ICC10 5820 (11-10)), an optional rider
available for purchase with the Security Benefit Secure Income
Annuity, is issued by Security Benefit Life Insurance Company.
Product features, limitations and availability may vary by
Guarantees provided by annuities are subject to the financial
strength of the issuing insurance company. Annuities are not FDIC
or NCUA/NCUSIF insured; are not obligations or deposits of, and are
not guaranteed or underwritten by any bank, savings and loan or
credit union or its affiliates; are unrelated to and not a
condition of the provision or term of any banking service or
Fixed indexed annuities are not stock market investments and do
not directly participate in any stock or equity investments. Market
indices do not include dividends paid on the underlying stocks, and
therefore do not reflect the total return of the underlying stocks;
neither an Index nor any market indexed annuity is comparable to a
direct investment in the equity markets. Clients who purchase
indexed annuities are not directly investing in a stock market