Nursing Home Confinement Waiver Rider No Longer Available in CA

Important update regarding the availability of the Nursing Home Confinement Waiver Rider in California

The Nursing Home Confinement Waiver Rider (Rider) is no longer available on any of our fixed index annuity (FIA) or multi-year guarantee annuity (MYGA) products in the state of California.*

This applies to all new and pending sales. 

We are in the process of developing language to be included in the relevant client-facing materials in California. Until all consumer-facing materials can be updated, we will add an insert with the following language:

NOTICE TO RESIDENTS OF CALIFORNIA
The Nursing Home Confinement Waiver Rider (“Rider”) is not available in the State of California. In the event any other material implies or states the Rider is available in California, please consider this confirmation that the Rider is not currently available to residents of California or to any annuity contracts issued or issued for delivery in California by North American Company for Life and Health Insurance^®.

If you have any questions or need further clarification, please do not hesitate to reach out to our sales support team or your regional manager.

*Rider is available for Income Pay Pro^SM and NAC VersaChoice^® fixed index annuities.