Nassau Personal Protection Choice FIA | EverVest

Nassau Personal Protection Choice®

When Care Changes the Plan, Does the Income Keep Up?

Q: Can enhanced Care Protection payments continue if contract value reaches zero?

Yes. Enhanced income payments can continue when Accumulation Value is reduced to zero, as long as the covered person continues to meet the qualifying conditions for enhanced income payments.

Personal Protection Choice combines guaranteed lifetime income with a Care Protection rider designed to meaningfully increase payments when qualifying nursing-home confinement or ADL needs arise.

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The Care Protection Story

250%Maximum nursing-home Care Benefit for issue ages up to 70.

175%Maximum Care Benefit for qualifying 2-of-6 ADL needs for issue ages up to 70.

5 YearsEnhanced care benefits can continue for up to five contract years.

Two Income Strategies. Two Big Stories.

Two Powerful Ways to Build the Income Story.

PPC gives producers two very different ways to position future income — one built for clients who may need income sooner, and one built for clients who have more time to let the Income Benefit Base grow.

Income Strategy: Today

Up to 45%

Income Benefit Base Bonus

Designed for clients planning to begin guaranteed lifetime income in years 1–3. The Income Benefit Base bonus is 30% if income begins in Year 1, 37.5% in Year 2, and 45% in Year 3.

Plus a 3% simple-interest roll-up in years 3–10, subject to rider terms.

The Income Benefit Base is used only to calculate guaranteed lifetime income and rider fees. It is not cash value and is not available for withdrawal or surrender.

Income Strategy: Tomorrow

14%

Annual Simple-Interest Roll-Up

Designed for clients planning to begin guaranteed lifetime income in Year 4 or later. A 14% simple-interest roll-up is credited to the Income Benefit Base each year for up to 10 years or until the rider is exercised.

A powerful deferred-income story for clients with more time before withdrawals begin.

The Income Benefit Base is used only to calculate guaranteed lifetime income and rider fees. It is not cash value and is not available for withdrawal or surrender.

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Why PPC Stands Out

This Isn’t Your Typical Income Doubler.

Many care-enhancement riders are built around a simple 2X story. Personal Protection Choice gives you a different conversation: up to 250% of the Income Benefit for qualifying nursing-home confinement, up to 175% for qualifying 2-of-6 ADL needs, and enhanced care payments that can continue for up to 5 years even if contract value reaches zero, subject to continued qualification.

Care Protection is optional. The Income & Care Protection rider fee is 0.95% of the Income Benefit Base annually and is deducted from contract value. Rider availability and terms vary by state.

This Is Where PPC Separates Itself. The initial lifetime-income payment is only part of the story. The real differentiator is what the Care Protection rider can do when a client’s health changes and income needs increase.

250%

Nursing Home Confinement

Up to age 70. Ages 71–80 receive up to 200% of the Income Benefit. Care Protection is available after the second contract anniversary and requires a 90-day elimination period.

175%

2-of-6 ADL Qualification

Up to age 70. Ages 71–80 receive up to 125% of the Income Benefit. Care Protection is available after the second contract anniversary and requires a 90-day elimination period.

Contract Value Does Not Automatically End the Care Benefit

Enhanced income can continue when contract value reaches zero, subject to continued qualification.

Why This Is More Than a Typical Income Doubler

Up to 250% of the Income Benefit for qualifying nursing-home confinement
Up to 175% for qualifying 2-of-6 ADL needs
No reduction in confinement-income enhancement percentage for joint income selections
Enhanced care benefits can continue for up to 5 contract years
Enhanced payments can continue after contract value reaches $0, subject to continued qualification
Unused enhanced-care years carry over to the surviving spouse on joint cases, subject to qualification and rider terms

Carrier Example: $7,000 Base Income

Nassau’s Product Overview shows an issue-age-60 example with a $7,000 Income Benefit.

$17,500
Maximum nursing-home Care Benefit at 250%

$12,250
Maximum qualifying ADL Care Benefit at 175%

Hypothetical carrier example for illustrating rider mechanics only. Actual benefits depend on issue age, qualification level, rider election and contract terms.

Quick Producer Specs

0–80

Issue Ages

Base product issue ages. Rider eligibility and state rules may vary.

$15K

Minimum Premium

Qualified and nonqualified contracts.

10 Years

Surrender Period

Surrender-charge schedules vary by state.

See It Explained

Watch How Personal Protection Choice Works.

See how the income and care-protection features fit together and where the Care Protection rider can change the client conversation.

Quick Answers for Producers

Nassau Personal Protection Choice FAQs

What makes Nassau Personal Protection Choice different from a typical income FIA?

PPC combines two distinct income strategies with an optional Care Protection rider. Income Strategy: Today can provide an Income Benefit Base bonus of up to 45%, while Income Strategy: Tomorrow provides a 14% annual simple-interest roll-up to the Income Benefit Base for up to 10 years, subject to rider terms.

How does the Care Protection benefit work?

For qualifying claims, the Care Protection rider can increase the Income Benefit to as much as 250% for nursing-home confinement or 175% for qualifying 2-of-6 ADL needs for issue ages up to 70. Benefit percentages vary by issue age and qualification level.

Can enhanced Care Protection payments continue if contract value reaches zero?

Yes. Nassau’s product summary states that enhanced income payments can continue when Accumulation Value is reduced to zero, as long as the covered person continues to meet the qualifying conditions for enhanced income payments.

How long can the enhanced Care Protection benefit be paid?

Once exercised, qualifying Care Protection benefits can be paid for a maximum of five contract years. After that period, standard guaranteed lifetime income payments remain available under the selected income protection benefit, subject to rider terms.

Take the Next Step

Run a Personal Protection Choice Illustration.

Send EverVest the basic case information and we’ll prepare the illustration so you can see the income and Care Protection story for your client.

Important: The Care Protection rider is not available in California or Maryland. Those states may still appear in the illustration-request dropdown for other product/rider configurations.

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Premium, client age, state and your contact information are all we need to get started.

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Additional information- Joint Case?

For financial professional use only. Not for public distribution. Nassau Personal Protection Choice® is a single premium fixed indexed annuity issued by Nassau Life and Annuity Company. Product features, rider options and availability may vary by state. Care Protection is not available in California or Maryland. The Care Protection Benefit Rider is not a qualified Long Term Care benefit under the Internal Revenue Code and does not provide health insurance, Long Term Care insurance or Medicaid benefits. Proof of qualification must be submitted each year to receive enhanced income benefits. Care Protection is available after the second contract anniversary and is subject to qualifying conditions, rider terms, issue age and state availability. The Income & Care Protection rider fee is 0.95% of the Income Benefit Base annually and is deducted from contract value; other rider combinations may have different fees. Guarantees are based on the claims-paying ability of Nassau Life and Annuity Company. Withdrawals may be subject to surrender charges, market value adjustment, ordinary income tax and, if taken before age 59½, a 10% federal penalty. Insurance Products: NOT FDIC or NCUA Insured | NO Bank or Credit Union Guarantee.

When Care Changes the Plan, Does the Income Keep Up?

Two Powerful Ways to Build the Income Story.

Income Benefit Base Bonus

Annual Simple-Interest Roll-Up

This Isn’t Your Typical Income Doubler.

Why This Is More Than a Typical Income Doubler

Carrier Example: $7,000 Base Income

Watch How Personal Protection Choice Works.

Nassau Personal Protection Choice FAQs

Run a Personal Protection Choice Illustration.

Run an Illustration

Get an Illustration

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