Skip to content 
Product Details
NAC VersaChoice 10 (ELB)
Company social profile:
Product Name
NAC VersaChoice 10 (ELB)
Annuity Type
FIA
Issuing Insurance Company and Ratings
North American Company for Life and Health Insurance
Ratings
Product Information
The NAC VersaChoice 10 (ELB) with Enhanced Liquidity Benefit attached, is a modified single premium fixed index annuity with an optional rider for an additional fee that allows you access to more of your money, sooner. The value will grow at a rate based on the fixed or index account (or index accounts) you choose. Index accounts are tied to market performance, but they are not an actual investment in the stock market. You will get credit for some of the market’s growth in up times. In down times, when the market sees zero gains or actually loses value, your premium will never be at risk of decreasing due to those losses.
Key Features
Premium Types: 1st Year or Less
Minimum Premium: 20,000
Maximum Premium: 2,000,000
Free Look Period: 30 Days
Rate Lock Period: 45 Days
Tax-Qualified: NonQual
Rates
Effective Date: 02/04/2026
Initial Guarantee Period: N/A
Next Change: N/A
Premium Amount: $100,000 - See Notes (High-Band)
3 Year Guarantee Period Annual Yield:
Interest rate start of year 1 through end of year 3:
Current
4.05%
4.05%
Accumulation Value (assuming no withdrawals)
Deposit Amount: $
Premium Amount: $100,000 - See Notes (Low-Band)
Premiums are allowed during the first contract year. All subsequent premiums will be initially credited a fixed interest rate. This interest rate will be declared at the time the subsequent premium is received. The interest rate applicable to each subsequent premium is guaranteed until the end of the contract year. On the first contract anniversary, North American will allocate any premium received since the issue date according to your most recent instructions.
Interest rate start of year 1 through end of year 3:
Current
4.05%
4.05%
Accumulation Value (assuming no withdrawals)
Deposit Amount: $
State Approvals
N/A
Withdrawal Provisions
First Year Withdrawals: 10%
Withdrawal Years 2+: 20%
Wait Period Interest Only : No Wait
Withdraw from the accumulation Value After : Immediately
Minimum Policy Value : –
Withdrawl Calculated On: Accumulation
Date For Calculation: Issue
Systematic Withdrawl: No
Min Withdrawl Amount: –
Cumulative Free Withdrawl: 20%
Eligibility & Restrictions
Age Limits(Owner and Annuitant): 79
Premium Limits: Premiums are allowed during the first contract year. All subsequent premiums will be initially credited a fixed interest rate. This interest rate will be declared at the time the subsequent premium is received. The interest rate applicable to each subsequent premium is guaranteed until the end of the contract year. On the first contract anniversary, North American will allocate any premium received since the issue date according to your most recent instructions.
State Restrictions: Not available in GU, NY, PR, VI
