AssetShield Series Updates to Help You Close the Year Out Strong
We are pleased to announce changes to our AssetShield series fixed index annuities (FIAs), effective Nov. 27.
AssetShield Premium Bonus Increase
All new AssetShield BONUS 10 and BONUS 9 contracts will receive a 13% bonus on all first-year premiums.
Crediting Rate Change
Contract value growth potential gets a boost with select strategy rate increases on non-bonus AssetShield series FIAs.
BNPP Patriot Technology Index
A different way to diversify with America-first technology and innovation.
In addition to our rate changes, we are also adding a new index, BNPP Patriot Technology Index, to all AssetShield series products, for contracts issued on and after Nov. 27, 2024.
The BNPP Patriot Technology Index is comprised of American companies with the potential to benefit from strategic investment in technologies as identified by the U.S. Department of Defense’s Critical Technology List. Seeking to reduce geopolitical risk in an evolving global environment, the Patriot Technology Index works to mitigate equity volatility through the incorporation of both money market instruments and bond futures that adapt to interest rate environment changes.
Ready to discover more? Listen to our webinar.
Visit the BNP PARIBAS microsite for more information.
Additional changes for AssetShield BONUS 9
Withdrawal and surrender charges and maximum MVA percentages will be adjusting. Please see product disclosure for details.
- AssetShield Bonus contracts that are issued on or after Nov. 27, 2024, will automatically receive the 13% bonus.
- AssetShield contracts that are issued on or after Nov. 27, 2024, will automatically receive the updated crediting rates.
- To elect the new BNPP Patriot Technology Index in the first year on any pending AssetShield series applications (bonus or non-bonus), a new disclosure will need to be completed.