Nassau Rate Lock Policy
Rate lock provides for the betterment of rates during the rate lock period as described herein:
Current credited interest rate and indexed account rates as of the application signature date or as of the contract issue date, whichever is better, will be locked in as long as funds are received within 60 calendar days (90 calendar days in NY) from the application signature date. If funds are not received within 60 days (90 days in NY), the current credited interest rate and indexed account rates effective on the contract issue date will apply.
Guaranteed minimum rates for fixed interest crediting and total guaranteed value interest rates are not subject to rate lock and are set based on the contract issue date. Additionally, for contracts issued in New York, the guaranteed minimum interest rate may change at the start of each guarantee period.
Important Disclosures
For Producer Use Only. Not for distribution to the public.
Product features, rider options, and availability may vary by state. Product sales must be appropriate based on a comprehensive evaluation of the customer's financial situation, needs, and objectives. Guarantees are based on the claims-paying ability of the issuing company. Nassau does not provide financial, investment or tax advice or act as a fiduciary in the sale or service of its products.
Non-Security Status Disclosure. The Contract is not a Security. The Contract is not registered under the Securities Act of 1933 and is being offered and sold in reliance on an exemption therein.
Nassau Athos Annuity (25FIA-XT, ICC25FIA-XT), Nassau Bonus Annuity Plus (23FIA4, ICC23FIA4), Nassau Income Accelerator (19FIA, ICC19EIAN, 19ISN), Nassau Bonus Annuity (19FIA3, ICC19FIA3), Nassau Growth Annuity (19FIA3, ICC19FIA3N), Nassau Personal Income Annuity (19FIA, ICC19EIAN, 19ISN), and Nassau Personal Protection Choice (19FIA, ICC19EIAN, 19RN) single premium deferred fixed indexed annuities, and Nassau MYAnnuity 5X/7X (18IFDAP and ICC18IFDAP/ICC18IFDANP) and Nassau Simple Annuity (18FADTCP and ICC18FADTCP) single premium deferred fixed annuities, are 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 do business in ME and NY, but that is subject to change. In New York, Nassau MYAnnuity 5X single premium deferred annuities are issued by Nassau Life Insurance Company (East Greenbush, NY). Nassau Life and Annuity Company and Nassau Life Insurance Company are subsidiaries of Nassau Financial Group. The insurers are separate entities and each is responsible only for its own financial condition and contractual obligations.
Insurance Products: NOT FDIC or NCUAA Insured | NO Bank or Credit Union Guarantee
BPD42399
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