Constance®
Contingent deferred annuity
Explore guaranteed lifetime income within the portfolios you manage.
Help address specific retirement risks while maintaining your role in managing eligible ETFs and mutual fund accounts.
A new approach to retirement income insurance
In this short video, our team explains what a contingent deferred annuity (CDA) is, how Constance works, advisor flexibility, and a hypothetical example.
Constance resources
Product information and implementation resources for financial advisors
A new layer of protection for retirement income
Add insured lifetime income to eligible, professionally managed ETF and mutual fund accounts without replacing the investment strategy.
Address key retirement risks
Help protect against sequence of returns risk and the risk of outliving assets.
Maintain management
Use eligible ETFs or mutual funds without changing the underlying investment strategy.
A different way to plan for income
If covered assets are eventually reduced to zero, Midland National continues the applicable covered income payments for life.
Get started with Constance
Everything you need to implement Constance in one place
Connect with us
Work directly with Midland National or partner with an Outsourced Insurance Desk. Our team can help you determine the appropriate next step.
Connect with usProduct training
Complete Constance product training through RegEd.
Course code: 23SFGMA_02
Data feed connection instructions
Connect eligible custodial accounts with Midland National through supported data feeds.
Fidelity/Black Diamond setup instructions (40702Y)
Access Constance materials you can use with clients.
Access innovative retirement solutions designed for your advisory practice.
FOR FINANCIAL PROFESSIONAL USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES.
The Certificate is designed to protect investors who are concerned that, either because of withdrawals over time, poor market performance, or both, their Covered Asset Pool may be depleted during their lifetime. To address that need, the Certificate in effect provides a limited form of insurance against outliving your assets. The Certificate has no cash value, surrender value, or death benefit. The Certificate is intended for long-term investment purposes. You should consider the risks and expenses of the annuity carefully before investing. The prospectus contains this and other information. You may contact your financial professional or visit www.midlandnational.com/va-prospectuses to obtain a current prospectus for the contingent deferred annuity. Please read it carefully.
The Constance® Group Contingent Deferred Annuity (AG206A (contract) and AC206A (certificate) is issued by Midland National® Life Insurance Company, West Des Moines, Iowa 50266, and distributed by Sammons Financial Network®, LLC., member FINRA. The Constance® Group Contingent Deferred Annuity is not available in New York.
Product and feature availability may vary by state and program sponsor. In some states, the annuity is issued as an individual contract instead of a group certificate.
A Contingent Deferred Annuity (CDA) is a contract between an individual and an insurance company. CDAs are not investments. They provide insurance coverage issued in the form of a Certificate for your investments in exchange for income guarantees for your lifetime (addressing longevity risk) in the event of market downturns (addressing sequence of returns risk).
Sammons Financial® is the marketing name for Sammons® Financial Group, Inc.’s member companies, including Midland National® Life Insurance Company. Annuities and life insurance are issued by, and product guarantees are solely the responsibility of, Midland National Life Insurance Company.
Midland Advisory, part of Midland National® Life Insurance Company, specializes in retirement solutions to help meet the needs of registered investment advisors (RIAs) and their clients. Midland Advisory is not an issuer of insurance products.
Securities distributed by Sammons Financial Network®, LLC., member FINRA. Insurance products issued by Midland National® Life Insurance Company, West Des Moines, Iowa. Product and features/options may not be available in all states or appropriate for all clients. See product materials and state availability chart for further details, specific features/options, and limitations by product and state.
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© 2012- Midland National. All rights reserved. Midland National is a member of 
Sammons Financial® is the marketing name for Sammons® Financial Group, Inc.’s member companies, including Midland National® Life Insurance Company. Annuities and life insurance are issued by, and product guarantees are solely the responsibility of, Midland National Life Insurance Company.
