As one of North American’s top sellers, the PrimePath fixed index annuity has delivered an attractive mix of income potential, protection, accumulation, and legacy. Effective June 4, they have launched more options for your clients with new index strategies and the Morgan Stanley Dynamic Contribution (MSDC) Index with the following crediting methods:
- Annual Point-to-Point with Participation Rate
- Two-year Point-to-Point with Participation Rate
- NEW: Two-year Point-to-Point with Index Margin and Participation Rate
The MSDC replaces the Morgan Stanley Dynamic Balance strategies (Annual and 3-year PtP).
IMPORTANT: If you’ve already completed PrimePath training, please review the PrimePath training information linked here and watch your mail for paper copies of the training information coming soon.
Get updated PrimePath 9 and 12 materials now
IMPORTANT: Beginning June 4, in approved states, you must use the updated materials for new sales. The new strategies are approved in all states except California, Idaho, Illinois, Louisiana, and Nevada. Download the materials below or access them on our website.
|9 Brochure (most states)||12 Brochure (most states)|
|9 Brochure (Massachusetts)||12 Brochure (Massachusetts)|
|9 Disclosure (most states)||12 Disclosure (most states)|
|9 Disclosure (Massachusetts)||12 Disclosure (Massachusetts)|
|9 Disclosure (North Carolina)||12 Disclosure (North Carolina)|
|State availability and forms chart
For any additional questions on PrimePath get in touch with your CreativeOne sales team today at 800.992.2642
FOR FINANCIAL PROFESSIONAL USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES.
The PrimePath® is issued on form NC/NA1008A/ICC16-NA1008A.MVA (certificate/contract) or appropriate state variation by North American Company for Life and Health Insurance®, West Des Moines, IA. This product, its features/options may not be available in all states or appropriate for all clients. See product materials for further details, specific features/options, and limitations by state.
Any product that is linked to the performance of the Index is not sponsored, endorsed, sold or promoted by Morgan Stanley & Co. LLC, or any of its affiliates (collectively, “Morgan Stanley”). Neither Morgan Stanley nor any other party (including without limitation any calculation agents or data providers) makes any representation or warranty, express or implied, regarding the advisability of purchasing this product. In no event shall Morgan Stanley have any liability for any special, punitive, indirect or consequential damages including lost profits, even if notified of the possibility of such damages. The Index is the exclusive property of Morgan Stanley. Morgan Stanley and the Index are service marks of Morgan Stanley and have been licensed for use for certain purposes. Neither Morgan Stanley nor any other party has or will have any obligation or liability to owners of this product in connection with the administration or marketing of this product, and neither Morgan Stanley nor any other party guarantees the accuracy and/or the completeness of the Index or any data included therein.
No purchaser, seller or holder of this product, or any other person or entity, should use or refer to any Morgan Stanley trade name, trademark or service mark to sponsor, endorse, market or promote this product, without first contacting Morgan Stanley to determine whether Morgan Stanley’s permission is required. Under no circumstances may any person or entity claim any affiliation with Morgan Stanley without the prior written permission of Morgan Stanley.
In calculating the performance of the Index, Morgan Stanley deducts, on a daily basis, a servicing cost of 0.50% per annum. This reduces the positive change or increase the negative change in the Index level and thus decreases the return of any product linked to the Index. The volatility control calculation applied by Morgan Stanley as part of the Index’s methodology may decrease the Index’s performance and thus the return of any product linked to the Index. In addition, because the volatility control calculation is expected to reduce the overall volatility of the Index, it will also reduce the cost of hedging certain products linked to the Index.
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