This marketing material may not be available for use in all states.
The information published on the website is not intended as a recommendation to purchase an annuity. We encourage you to talk to your financial professional and research
other retirement planning and income solutions to determine if an annuity is right for you. Guarantees are backed by the financial strength and claims-paying ability of Midland
National Life Insurance Company.
Neither Midland National, nor any agents acting on its behalf should be viewed as providing legal, tax or investment advice. Always consult with and rely on a qualified advisor.
Fixed index annuities are not a direct investment in the stock market. They are long term insurance products with guarantees backed by the issuing company. They provide the
potential for interest to be credited based in part on the performance of specific indices, without the risk of loss of premium due to market downturns or fluctuation. Although
fixed index annuities guarantee no loss of premium due to market downturns, deductions from the accumulation value for optional benefit riders or strategy fees or charges
associated with allocations to enhanced crediting methods could exceed interest credited to the accumulation value, which would result in loss of premium. They may not be
appropriate for all clients. Interest credits to a fixed index annuity will not mirror the actual performance of the relevant index.
The term financial professional is not intended to imply engagement in an advisory business in which compensation is not related to sales. Financial professionals that are
insurance licensed will be paid a commission on the sale of an insurance product.
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 for further details, specific features/options, and limitations by product and state. The MNL Income Planning Annuity® 10 is issued on base
contract form AS200A/ICC19-AS200A or appropriate state variation including all applicable endorsements and riders.
The term “premium amount” is based on net premium, which is your initial premium, reduced by any withdrawals and reductions for surrender charges and market value
“Income” or “lifetime income” refers to guaranteed payment of lifetime payment amounts (“LPAs”). It does not refer to interest credited to the contract. Consult with your tax
advisor regarding tax treatment of LPAs, which will vary according to individual circumstances.
*Estimated income amount is based upon election of lifetime payment amounts under the guaranteed lifetime withdrawal benefit, which is required at time of purchase and has
an annual cost of 1.25% which is deducted from the accumulation value. Estimated annual income is calculated based on the net premium amount, age at issue, and age when
you turn on income. Taking withdrawals after issue will reduce the income amount available.
Statements regarding industry position are based on current research and comparisons and do not completely compare all annuity product features.
1. The rider is included for an annual fee of 1.25% of your GLWB value taken from your accumulation value on each contract anniversary until either your contract or GLWB
2. Must be able to complete all six ADLs at issue. To activate these benefits, need to receive written proof, acceptable to us, from a physician who has determined, in a manner
consistent with accepted standards and practice for the diagnosis, that you are unable to meet two of six ADLs with an expectation the condition(s) are permanent.
3. A+ (Superior) rated by A.M. Best since 1980. A.M. Best is a large third-party independent reporting and rating company that rates an insurance company on the basis of the
company’s financial strength, operating performance and ability to meet its obligations to policyholders. A+ is the second highest rating out of 15 categories and was affirmed for
Midland National Life Insurance Company as part of Sammons Financial Group on July 29, 2022. For the latest rating, access ambest.com.
4. S&P Global Ratings awarded its “A+” (Strong) rating for insurer financial strength on February 26, 2009 and affirmed on May 25, 2022 to Midland National Life Insurance
Company as a member of Sammons® Financial Group, Inc. The “A+” (Strong) rating is the fifth highest out of 22 available ratings as a member of Sammons® Financial Group, Inc.
S&P Global Ratings is an independent, third-party rating firm that rates on the basis of financial strength. Rating shown reflect the opinion of the rating agency and are not implied
warranties of the company’s ability to meet its financial obligations.
5. A+ (Stable) Rated by Fitch Ratings. Fitch Ratings, a global leader in financial information services and credit ratings, on Dec. 7, 2022, assigned an Insurer Financial Strength rating
of A+ Stable for Midland National. This rating is the fifth highest of 19 possible rating categories. The rating reflects the organization’s strong business profile, low financial leverage,
very strong statutory capitalization and strong operating profitability supported by strong investment performance. For more information, read the Fitch Ratings report.