Product Details
Charter Plus 10 (State Variations)
Company social profile:
Product Name
Charter Plus 10 (State Variations)
Annuity Type
FIA
Issuing Insurance Company and Ratings
North American Company for Life and Health Insurance
Ratings
Product Information
The Charter Plus 10 (State Variations) is a flexible premium annuity with a 10 year surrender charge period and an MVA provision.
Key Features
Premium Types: Flexible for Life of the Product
Minimum Premium: 20,000
Maximum Premium: 2,000,000
Free Look Period: 30 Days
Rate Lock Period: 45 Days
Tax-Qualified: IRA, NonQual, SEP IRA, TSA 403b, IRA-Roth, IRA Transfer, IRA Rollover
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%
Premium Amount: 20,000 - 2,000,000
Current
0 Year Guarantee Period Annual Yield:
3%
Interest rate start of year 1 through end of year 0:
3%
Accumulation Value (assuming no withdrawals)
Accumulation Value (assuming no withdrawals)
Deposit Amount: $
Premium Amount: $100,000 - See Notes (Low-Band)
The Charter Plus 10 (State Variations) also pays a Premium Bonus on all premiums paid during the first three years. The Premium Bonus is subject to a Recapture Provision.
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
AK CT DE HI ID IN MD MN MO MT NJ NV OH OK OR PA SC TX UT VA WA
Withdrawal Provisions
First Year Withdrawals: No
Withdrawal Years 2+: 10%
Wait Period Interest Only : 1 Year
Withdraw from the accumulation Value After : One Year
Minimum Policy Value : $1,000
Withdrawl Calculated On: Accumulation
Date For Calculation: Issue
Systematic Withdrawl: No
Min Withdrawl Amount: $500
Cumulative Free Withdrawl: No
Eligibility & Restrictions
Age Limits(Owner and Annuitant): 79
Premium Limits: The Charter Plus 10 (State Variations) also pays a Premium Bonus on all premiums paid during the first three years. The Premium Bonus is subject to a Recapture Provision.
State Restrictions: Not available in GU, NY, PR, VI
