Indextra® Series Single Premium Deferred Fixed Indexed Annuity (FIA)
The Indextra® single premium deferred fixed indexed annuity earns interest based in part on changes in a market index, which measures how markets or parts of markets perform.1 It offers the choice to split premium among multiple allocation options, including those linked to the S&P 500®, custom-designed indices and fixed interest options. Indextra also offers protection against loss of principal due to declines in the indexes in the form of a Guaranteed Minimum Account Value and an optional Guaranteed Lifetime Withdrawal Benefit is available for an additional charge.
Issuer(s): Integrity Life Insurance Company
Experience a path to market based growth potential in an indexed annuity. Play the video.
A Path for Retirement: Indextra
Now there’s a way with an INDEXED annuity offering EXTRAS that combine index-associated interest crediting and account value protection all in one
a fixed indexed annuity called INDEXTRA.
Here’s how it works.
Indextra allows money to be split among multiple paths for potential growth.
All but one are associated with an index.
One has a fixed interest rate.
Account value may grow with the indexed interest options but will never decline due to index performance.
One path is based on a custom index created just for Indextra by Goldman, Sachs & Company ... a name well known in financial markets.
It’s the GS Momentum Builder® Multi-Asset Class Index.
And it’s measured over 12, 24 or 36 months.
The account is credited with interest, if any, as determined by the index performance and adjusted by a participation rate.
That rate may be below, at, or even above 100% (but never lower than 10%).
So there’s opportunity for interest crediting based in part on positive changes in market indexes.
Many other indices are composed of only one asset class.
This index has six … for greater diversification. Plus, it includes a volatility control feature.
It seeks a steadier path – in both rising and declining markets – which may dampen risk and smooth returns.
Another allocation path comes from J.P. Morgan, a global financial services firm.
It’s the J.P. Morgan Strategic Balanced(SM) Index.
It also measures over 12, 24 or 36 months.
Any interest credited under this index is adjusted by a participation rate which may be below, at, or above 100% (but never lower than 10%).
And it, too, offers opportunity for interest crediting based in part on positive changes in market indexes.
This index seeks consistent returns while smoothing the impact of market swings.
It does so by allocating daily between two diversified components.
The stock component is an exchange-traded fund made of stable stocks with high dividends.
The bond component is a rules-based index that dynamically allocates among four bond market sectors comprised of 12 fixed income ETFs.
Now that you know how the Goldman Sachs and J.P. Morgan indexes work, it’s also important to know a big benefit of both.
Each has no interest rate cap, so your opportunity is free of that limitation.
That’s a positive that can create an investment edge.
In addition to all the index choices, Indextra also has a fixed interest rate path.
Solid, steady growth to count on.
It always credits at least 1% annual interest.
So as you can see, Indextra offers many paths.
It’s possible to choose all of them.
Or a few. Or just one.
It’s up to you.
Plus there’s flexibility.
You can change your choices at certain points.
Whatever the path, Indextra’s advantages stand out.
In an up market, account value can grow.
And even in a down market, account value is guaranteed to grow thanks to a Guaranteed Minimum Account Value benefit.
In fact, account value can never decline due to losses in the market.
Another extra of Indextra comes at retirement.
A stream of income can be elected and insured to last a lifetime.
That’s protected income that can’t be exhausted ... no matter how long it’s needed.
Of course, a financial product is only as good as the company that backs it.
Indextra offers the added advantage of being backed by the full strength and confidence of Integrity Life, a company with a strong Comdex ranking.
And Integrity Life is a member of Western & Southern Financial Group, a Fortune 500 company with a heritage dating to 1888.
Strong points to consider when mapping your retirement course.
To sum up, Indextra can help put your retirement planning on a path that offers growth options you can choose among
and income options you count on all backed by real company strength.
See a financial professional or visit us online for more information.
IMPORTANT DISCLOSURES
1 Single Premium Deferred Fixed Indexed Annuity earns interest based in part on changes in a market index and any return may also be subject to cap or participation rate.
Indextra Series
Single Premium Deferred Annuity Contract with Indexed Interest Options series ICC14 ENT-03 1406, ICC20 EE.44 GMAV-5 2002, EE.44 GMAV-5 2002, ICC14 EE.21 GMAV-7 1406, ICC14 EE.22 GMAV-10 1406, Allocation Options Endorsement series ICC14 EE.23 SI-MY-PTP 1406, ICC16 EE.23 SI-MY-PTP-(A-E) 1608, ICC14 EE.23 SI-PTP 1406, ICC16 EE.23 SI-PTP-(A-E) 1608, ICC15 EE.23 SI-OY-PTP 1511, ICC16 EE.23 SI-OY-PTP-(A-E) 1608, ICC24 IE.51 MY-FI 2408, ICC24 IE.52 SI-CL-OY-PTP 2408, ICC24 IE.53 SI-PT-OY-PTP 2408, Return of Premium Endorsement series ICC14 EE.24 ROP 1406, Waiver of Withdrawal Charge Endorsement series ICC14 EE.25 WWC 1406, Guaranteed Lifetime Withdrawal Benefit Rider series ICC14 ER.03 GLWB-I 1406 and ICC14 ER.04 GLWB-S 1406. Some product features may be subject to firm approval and availability. The Indexed Interest Options have a guaranteed interest rate that will never be less than 0%, even if the index(es) goes down. The interest rate for the Fixed Interest Option is declared in advance, guaranteed for one Index Year and will never be less than 1%.
This fixed indexed annuity is not sponsored, endorsed, sold, guaranteed, underwritten, distributed or promoted by Goldman, Sachs & Co. LLC, or any of its affiliates with the exception of any endorsement, sales, distribution or promotion of this product that may occur through its affiliates that are licensed insurance agencies (excluding such affiliates, individually and collectively referred to as “Goldman Sachs”). Goldman Sachs makes no representation or warranty, express or implied, regarding the advisability of investing in annuities generally or in fixed indexed annuities or the investment strategy underlying this fixed indexed annuity, particularly, the ability of the GS Momentum Builder® Multi- Asset Class Index to perform as intended, the merit (if any) of obtaining exposure to the GS Momentum Builder® Multi-Asset Class Index, or the suitability of purchasing or holding interests in this fixed indexed annuity. Goldman Sachs does not have any obligation to take the needs of the holders of this fixed indexed annuity into consideration in determining, composing or calculating the GS Momentum Builder® Multi-Asset Class Index. GOLDMAN SACHS DOES NOT GUARANTEE THE ACCURACY AND/OR COMPLETENESS OF GS MOMENTUM BUILDER® MULTI-ASSET CLASS INDEX OR OF THE METHODOLOGY UNDERLYING THE INDEX, THE CALCULATION OF THE INDEX OR ANY DATA SUPPLIED BY IT FOR USE IN CONNECTION WITH THIS FIXED INDEXED ANNUITY. GOLDMAN SACHS EXPRESSLY DISCLAIMS ALL LIABILITY FOR ANY SPECIAL, PUNITIVE, INDIRECT OR CONSEQUENTIAL DAMAGE EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES. “Goldman Sachs,” “Goldman,” ”GS Momentum Builder®,” and “GS Momentum Builder® Multi-Asset Class Index” are trademarks or service marks of Goldman, Sachs & Co. LLC. and have been licensed for use by the insurance company issuing this annuity for use in connection with certain fixed indexed annuities.
The J.P. Morgan Strategic Balanced Index (“Index”) has been licensed to Western & Southern Financial Group, Inc. (the “Licensee”) for the Licensee’s benefit. Neither the Licensee nor Indextra Fixed Indexed Annuity (the “Annuity Product”) is sponsored, operated, endorsed, recommended, sold or promoted by J.P. Morgan Securities LLC (“JPMS”) or any of its affiliates (together and individually, “J.P. Morgan”). J.P. Morgan makes no representation and gives no warranty, express or implied, to purchasers of the Annuity Product nor does J.P. Morgan have any liability for any errors, omissions or interruptions of the Index. Such persons should seek appropriate professional advice before making an investment or purchasing insurance. The Index has been designed and is compiled, calculated, maintained and sponsored by J.P. Morgan without regard to the Licensee, the Annuity Product or any policyholder. J.P. Morgan is under no obligation to continue compiling, calculating, maintaining or sponsoring the Index. J.P. Morgan may independently issue or sponsor other indices or products that are similar to and may compete with the Index and the Annuity Product. J.P. Morgan may transact in assets referenced in the Index (or in financial instruments such as derivatives that reference those assets). These activities could have a positive or negative effect on the value of the Index and the Annuity Product.
The S&P 500® Index and S&P 500® IQ 0.5% Decrement Index (S&P 500® Indexes) are products of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”) and have been licensed for use by Integrity Life Insurance Company (Integrity Life). S&P®, S&P 500®, SPX®, SPY®, US 500™, The 500™, iBoxx®, iTraxx® and CDX® are trademarks of S&P Global, Inc. or its affiliates (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Integrity Life. It is not possible to invest directly in an index. Integrity Life’s fixed indexed annuities are not sponsored or sold by SPDJI, Dow Jones, S&P, or any of their respective affiliates (collectively, “S&P Dow Jones Indices”). S&P Dow Jones Indices do not make any representation or warranty, express or implied, to the owners of Integrity Life’s fixed indexed annuities or any member of the public regarding the advisability of investing in securities generally or in Integrity Life’s fixed indexed annuities particularly or the ability of the S&P 500® Indexes to track general market performance. Past performance of an index is not an indication or guarantee of future results. S&P Dow Jones Indices’ only relationship to Integrity Life with respect to the S&P 500® Indexes is the licensing of the Indexes and certain trademarks, service marks and/or trade names of S&P Dow Jones Indices and/or its licensors. The S&P 500® Indexes are determined, composed and calculated by S&P Dow Jones Indices without regard to Integrity Life or Integrity Life’s fixed indexed annuities. S&P Dow Jones Indices have no obligation to take the needs of Integrity Life or the owners of Integrity Life’s fixed indexed annuities into consideration in determining, composing or calculating the S&P 500® Indices. S&P Dow Jones Indices have no obligation or liability in connection with the administration, marketing or trading of Integrity Life’s fixed indexed annuities. There is no assurance that investment products based on the S&P 500® Indexes will accurately track index performance or provide positive investment returns. S&P Dow Jones Indices LLC is not an investment adviser, commodity trading advisory, commodity pool operator, broker dealer, fiduciary, “promoter” (as defined in the Investment Company Act of 1940, as amended), “expert” as enumerated within 15 U.S.C. § 77k(a) or tax advisor. Inclusion of a security, commodity, crypto currency or other asset within an index is not a recommendation by S&P Dow Jones Indices to buy, sell, or hold such security, commodity, crypto currency or other asset, nor is it considered to be investment advice or commodity trading advice. SPDJI provides indices that use environmental, social and/or governance (ESG) indicators (including, without limit, business involvement screens, conformance to voluntary corporate standards, GHG emissions data, and ESG scores) to select, weight and/or exclude constituents. ESG indicators seek to measure a company’s, or an asset’s performance, with respect to E, S and/or G criteria. ESG indicators are derived from publicly reported data, modelled data, or a combination of reported and modelled data. ESG indicators are based on a qualitative assessment due to the absence of well-defined uniform market standards and the use of multiple methodologies to assess ESG factors. No single clear, definitive test or framework (legal, regulatory, or otherwise) exists to determine labels such as, ‘ESG’, ‘sustainable’, ‘good governance’, ‘no adverse environmental, social and/or other impacts’, or other equivalently labelled objectives. Therefore, the exercise of subjective judgment is necessary. Different persons may classify the same investment, products and/or strategy differently regarding the foregoing labels.
S&P DOW JONES INDICES DOES NOT GUARANTEE THE ADEQUACY, ACCURACY, TIMELINESS AND/OR THE COMPLETENESS OF THE S&P 500® INDEXES OR ANY DATA RELATED THERETO OR ANY COMMUNICATION, INCLUDING BUT NOT LIMITED TO, ORAL OR WRITTEN COMMUNICATION (INCLUDING ELECTRONIC COMMUNICATIONS) WITH RESPECT THERETO. S&P DOW JONES INDICES SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DELAYS THEREIN. S&P DOW JONES INDICES MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY INTEGRITY LIFE, OWNERS OF INTEGRITY LIFE’S FIXED INDEXED ANNUITIES, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE S&P 500® INDEXES OR WITH RESPECT TO ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL S&P DOW JONES INDICES BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBLITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. S&P DOW JONES INDICES HAS NOT REVIEWED, PREPARED AND/OR CERTIFIED ANY PORTION OF, NOR DOES S&P DOW JONES INDICES HAVE ANY CONTROL OVER, THE LICENSEE PRODUCT REGISTRATION STATEMENT, PROSPECTUS OR OTHER OFFERING MATERIALS. THERE ARE NO THIRD-PARTY BENEFICIARIES OF ANY AGREEMENTS OR ARRANGEMENTS BETWEEN S&P DOW JONES INDICES AND INTEGRITY LIFE, OTHER THAN THE LICENSORS OF S&P DOW JONES INDICES.
An annuity is a long-term financial vehicle designed for retirement. An insurance company accepts premiums and provides future income or a lump-sum amount to the contract owner by contractual agreement. Annuity contracts have terms and limitations for keeping them in force. Please contact a financial representative for complete details.
Payment of benefits under an annuity contract is the obligation of and is guaranteed by the insurance company issuing the annuity. Guarantees are based on the claims-paying ability of the insurer. W&S Financial Group Distributors, Inc. (doing business in CA as W&S Financial Insurance Services) is an affiliated life insurance agency of the issuer. Issuer has sole financial responsibility for its products. This contract has limitations. Annuity benefits offered may vary due to misstatement of sex or age. Interest rates are declared by the insurance company at annual effective rates, taking into account daily compounding of interest.
Earnings and pre-tax premium payments are subject to ordinary income tax at withdrawal. Withdrawals prior to age 59½ are generally subject to a 10% IRS penalty tax. A charge may be assessed against the annuity value if a withdrawal is made during the withdrawal period is made that exceeds the free amount.
Western & Southern member companies and their agents do not offer tax advice. For specific tax information, consult your attorney or tax advisor.
Product and feature availability, as well as benefit provisions, vary by state. See your financial professional for availability, details, and limitations.
No bank guarantee. Not a deposit. May lose value. Not FDIC/NCUA insured. Not insured by any federal government agency.