New MYGA Available 10/26/21

New multi-year guarantee annuity coming Oct. 26

Effective Oct. 26, North American is launching NAC Guarantee Plus^SM, a multi-year guarantee annuity (MYGA), which will replace North American Guarantee Choice^SM multi-year guarantee annuity.

With the launch of NAC Guarantee Plus, we’re hoping to provide greater flexibility for consumers. Here are a few details highlighting the enhancements….

• Guarantee periods: 3-, 5-, and 7-year available. (10-year option not available.)¹
• Re-entry option: Renewal options available for your clients when the guarantee period is up, including the option to re-enter a 3-, 5-, or 7-year guarantee period. (See brochure for full details.)
• Penalty-free withdrawals:² Equal to the interest earned in the previous contract year.

The new NAC Guarantee Plus is an exciting replacement for the North American Guarantee Choice.

Get required training and new business guidelines now. 

Get training now

Visit RegEd to take the required NAC Guarantee Plus product training

(Code 21SFGNAC_02)

Get NAC Guarantee Plus materials now

Brochure (most states)
Brochure (CA, FL, DE)
Disclosure (most states)
Disclosure (CA, FL, DE)
Disclosure (ID, also required)
Quick reference guide

New business guidelines

The new MYGA applies to applications signed on or after Oct. 26, or submitted through e-App on or after Oct. 26.

NAC Guarantee Plus replaces North American Guarantee Choice

To receive the current North American Guarantee Choice product, applications must be signed before Oct. 26, or submitted through e-App before 11:59 p.m. Central Time Oct. 25. 

Remember: Your clients can set up an ACH directly from their external account to fund their MYGA contract.