Pretty High Guarantee Levels

Average: 4 (1 vote)

The Alterity VA comes with a relatively high guaranteed annual increase that is part of the living benefit features.

Currently at 7 percent, the annual increase guarantee will effectively double your premium payments within a decade.

Not an insignificant feature as this minimum guarantee can serve as a sort of inflation hedge.

Other products in the market are generally below the 7 percent level with their guarantees.

Also, the "Prime Plus Reset" feature guarantees that if the value of contract is higher than what the 7 percent would provide (investment performance of the subaccounts exceeds 7 percent), then the value upon which the 7 percent increase applies will reset to the higher value.