Enhanced Choice Index Select

Product Details

Overview

This product is designed for limited use scenarios.
Contact CreativeOne for availability and case design.
Refer to your distributor Product Spreadsheet for state availability.

Customize your retirement strategy through a combination of indices, crediting options and enhanced product features.

The Enhanced Choice Index Select is a single premium, deferred index annuity offering multiple crediting strategies linked to index performance. Through a combination of indices, crediting options and enhanced product features, you can customize a retirement strategy that best aligns with your financial goals.

ECI Select Features

Issue Age

Owners age 18–70 and annuitants age 0–70.

Premium

$50,000 – $1,000,000
Greater amounts may be accepted if preapproved by The Standard before you submit an application. Premium will be allocated to the accounts on the contract effective date. All expected premium must be noted on the application and the policy will not issue until all funds are received. The contract effective date is the day we receive all of the expected premium.

Index Interest Accounts

Index Term

1-year point-to-point

Index Options

S&P 500^® Index
S&P MARC 5% ER Index
S&P 500 Daily Risk Control 5% ER Index
S&P 500 ESG Daily Risk Control 5% ER Index
BofA Global MegaTrends Index

Interest Crediting Strategies

Index Participation Rate
Enhanced Index Participation Rate¹
Index Cap Rate on S&P 500^® Index only
Enhanced Index Cap Rate¹ on S&P 500^® Index only

Multi-Year Guaranteed Participation Rates

Participation rates guaranteed for the entire surrender-charge period are available on some index crediting options. After that, the participation rate may change annually.

Index	ECI Plus 5	ECI Plus 10
S&P 500^® Index	1 year	1 year
S&P MARC 5% ER Index	5 years	1 year
S&P 500 Daily RC 5% ER Index	5 years	1 year
S&P 500 ESG Daily RC 5% ER Index	5 years	1 year
BofA Global MegaTrends Index	5 years	1 year

Fixed Interest Account

A fixed interest rate that credits daily. We guarantee this interest rate for one year.

Account Allocation

On initial allocation at purchase, clients must allocate a minimum of 15% of their total premium to the index interest accounts. Additionally, a minimum allocation amount of $2,000 per account applies. Account allocations may be changed once a year at the end of the index term. If your clients choose to reallocate their funds, they will be transferred on the first day of the next index term.

Guaranteed Minimum Accumulation Benefit

ECI Select 5: 110% of net premium after 5 years
ECI Select 10: 120% of net premium after 10 years

Surrender Charge Period

There is a choice of a 5 or 10-year surrender charge period, with no surrender charges thereafter.

Features

This product is designed for limited use scenarios.
Contact CreativeOne for availability and case design.
Refer to your distributor Product Spreadsheet for state availability.

ECI Plus Key Features

Multi-year guaranteed participation rate on some index crediting options
Market value adjustment feature
Single, joint owners and certain non-natural owners
Guaranteed minimum accumulation benefit, or GMAB
Surrender charge periods
- ECI Select 5:
  5-year surrender-charge periods (9.4%, 8.5%, 7.5%, 6.5%, 5.5%)
- ECI Select 10:
  10-year surrender-charge periods (9.4%, 8.5%, 7.5%, 6.5%, 5.5%, 4.5%, 3.5%, 2.5%, 1.5%, 0.5%)
Surrender-charge free withdrawal options
If surrender charges are waived, so is the MVA
- 5% annual withdrawals¹
- IRS required minimum distributions
- Terminal conditions with partial index credit available²
- Nursing home residency with partial index credit available²
- Death of owner with partial index credit available
- Annuitization with partial index credit available
No annual contract fees
30-day free look period

1 Available after the first contract year. Withdrawal amount is based on a percentage of the value of the annuity fund as of the contract anniversary.
2 Applies after the first contract year. Additional limitations, state variations and exclusions may apply.

Index Descriptions

This product is designed for limited use scenarios.
Contact CreativeOne for availability and case design.
Refer to your distributor Product Spreadsheet for state availability.

Index Choices

S&P 500^® Index

The S&P 500^® Index tracks the performance of 500 of the top companies in leading industries of the U.S. economy. It is one of the most commonly followed equity indices and widely regarded as the best single gauge of large-cap U.S. equities.

S&P MARC 5% ER Index

The S&P Multi-Asset Risk Control 5% Excess Return Index aims for more stable index performance with a diversified multi-asset index that uses an innovative design to manage market volatility. It tracks three underlying asset classes: equities, commodities and fixed income. The index is rebalanced daily to maintain a target volatility of 5%.

S&P 500 Daily Risk Control 5% ER Index

The S&P 500 Daily Risk Control 5% Excess Return Index’s goal is to create stable returns using the existing S&P 500^® Index crediting design combined with a volatility target. The index is adjusted daily to target a 5% level of volatility. Clients will see upside potential with less exposure to market fluctuations, while benefiting from the performance of U.S. large-cap markets.

S&P 500 ESG Daily Risk Control 5% ER Index

The S&P 500 ESG Daily Risk Control 5% Excess Return Index’s objective is to provide stable returns using the S&P 500^® Index, but focusing on companies with improved environmental, social and governance characteristics. The index is adjusted daily to target a 5% level of volatility. Clients will see upside potential with less exposure to market fluctuations. This index allows your clients to align their investment objective with their sustainable values.

BofA Global MegaTrends Index

The BofA Global MegaTrends Index is designed to tap into global innovation and long-term growth trends, while using the latest technology to manage risk. It is made up of four live indices created by MSCI, concentrating on four future-focused themes — robotics, the digital economy, millennials and disruptive technology. The Index applies Salt Financial’s truVol® Risk Control Engine to target 7% annualized volatility.

Sales Resources

This product is designed for limited use scenarios.
Contact CreativeOne for availability and case design.
Refer to your distributor Product Spreadsheet for state availability.

Marketing Materials

Sales Guide (For producers only.)

Fact Sheet

ECI Select Brochure

Product Highlights Flyer

Numerical Examples

Enter your own numbers to see how the annuity may grow over the years.

Enter rates as a decimal — for example 0.0325 for 3.25% crediting rate.
You may print the calculated example or save to your desktop.

The calculations should work using Adobe Acrobat Reader, but may not calculate on other PDF readers. The Standard is not responsible for the accuracy or completeness of the information you input.