Charter Plus 10 & 14 Fixed Index Annuities enhancements for 2024

It's the New Year, and there are significant enhancements to Charter Plus 10 & 14 fixed index annuities. Starting Jan. 23, an optional enhanced bonus rider (EBR)² and Barclays Transitions Indices will be available on North American Company’s Charter Plus fixed index annuity series (FIAs). 

• A NEW optional enhanced bonus rider (EBR) allows for an additional premium bonus percentage on top of the base premium bonus on any premiums received in the first three contract years (for a charge)^2,3
• NEW exclusive Barclays Transitions 6% VC Index™ and Barclays Transitions 12% VC Index™ strategies to help manage risk during changing marketing conditions on the following crediting methods:
• Annual Point-to-Point with Participation rate
• Two-year Point-to-Point with Participation rate

Attention California, Indiana, and Maryland agents:
California producers only: optional EBR and Barclays Transitions Indices are not available.
Indiana and Maryland producers: Effective Jan. 23, the 14-year North American Charter Plus is no longer available in Indiana and Maryland. 

IMPORTANT – Get the required training now
Since the EBR is a new feature for Charter Plus, new training is required in all states. To complete the necessary ed training on RegEd, use code 24SFGNAC_01

New Business Guidelines:
Product feature changes above apply to applications received in the home office or submitted through e-Biz on or after Jan. 23. No funding deadline applies. 

Features are subject to change at any time. *EBR is not available in all states. Charter Plus 14 base premium bonus may vary by state.