Client Needs
Solutions
- Programs
- Fiduciary Annuity + Insurance Marketplace
Resources
About Us
Contact Us
p: (877) 575-2742

Term Life Insurance

RIAs may access term life insurance coverage for their clients with the help of RetireOne. This coverage provides income replacement at a fixed cost for a prescribed term of years. Benefits are paid to beneficiaries of the decedent and these terms are usually 5, 10, 15, 20 or 30 years. Term life insurance is the least expensive way to purchase life insurance coverage over a specific period of time.

Term life insurance may be helpful to clients looking for:

Pure life insurance
Coverage for the lowest possible cost
Coverage for a specific period of time

Product Specifications

Issue ages: 18 – 90 years
Coverage amounts available: $25,000 – $10,000,000
Lengths of term coverage available: 5, 10, 15, 20, 25, and 30 years
Guaranteed, level premium payments for term of coverage
Return of premium option available – your cost will be returned at the end of the coverage period

Purchasing Term Life Insurance through RetireOne

Simply reach out to your RetireOne Regional Director to request a quote and complete a short set of questions. We’ll work with you and your client to arrange a call to complete your application and schedule the necessary requirements. In some cases, a medical exam may also need to be scheduled at your client’s convenience and at no cost to them. Covr Insurance Technologies powers the RetireOne term life platform so that we may offer coverage to clients of RIAs and fee-based advisors. No insurance license is required. Our Regional Directors are expert insurance consultants and carry licenses in all 50 states.

Limits

Literature

wdt_ID	Insurance Company	Product	Solution Type	Availability	Minimum Initial Investment	Maximum Issue Age	Max Total Contributions w/o Approval
1	Allianz Life	Index Advantage ADV℠	Registered Index-Linked Annuity	48 states (not NY,AK)	$10,000	80	$1,000,000
2	Allianz Life	Retirement Foundation ADV℠	Fixed Index Annuity	49 states (not NY)	$10,000	80	$1,000,000
3	Ameritas	Advisor No-Load VA	Variable Annuity	49 states (not NY)	$2,000	85	$1,000,000
4	Ameritas	Compass SPIA	Single Premium Immediate Annuity	50 states	$5,000 deposit or $ 50/Mo. Payout	85	$1,000,000
6	Ameritas	Advisor II VUL	Variable Universal Life	48 States (not CA or NY)	$100,000	80	$10,000,000
7	Ameritas	Value Plus Term Life Insurance	Term Life Insurance	50 States	N/A	80	N/A
10	MassMutual Ascend	Index Protector℠ 7	Fixed Index Annuity	49 states (not NY)	$100,000	85 (inherited 75)	$2M to 75, $1.5M 76-80, $1M 81+
11	Nationwide	Advisory Variable Universal Life	Variable Universal Life	48 states (Not MT or NY)	None	80	N/A
12	Symetra	Advisory Edge	Fixed Index Annuity	49 States (Not NY)	$10,000	85	$1,000,000
13	Symetra	Advisory Income Edge	Fixed Index Annuity	49 States (Not NY)	$10,000	85	$1,000,000
14	TIAA Life	Intelligent Variable Annuity	Variable Annuity	50 states	$2,500	88.5	$1,000,000
15	TIAA Life	Investment Horizon	Multi-Year Guaranteed Annuity	Not available in IL, IN, ND, OR, WA	$5,000	88.5	$500k in a calendar year
17	Transamerica	I-Share II Variable Annuity	Variable Annuity	50 states	$5k Non-Qualified; $1k Qualified	90	$1,000,000
18	Jackson	Jackson Retirement Investment Annuity^SM	Variable Annuity	50 States	$50,000	85	$2,500,000
19	Jackson	Perspective Advisory II^®	Variable Annuity	50 States	$25,000	85	$1,000,000
20	Jackson	Marketprotector Advisory^SM	Fixed Index Annuity	49 States (not NY)	$25,000	85	$2,500,000
21	MassMutual Ascend	Index Protector 5 MVA℠	Fixed Index Annuity	48 states	$50,000	89 (inherited 75)	$2M to 75, $1.5M 76-80, $1M 81+
22	MassMutual Ascend	Index Protector 4℠	Fixed Index Annuity	48 States	$50,000	90 (inherited 75)	$2M to 75, $1M 81+$2M to 75, $1.5M 76-80, $1M 81+
23	Protective Life	Investors Benefit Advisory VA	Variable Annuity	50 States	$5,000	85	$1,000,000
24	Pacific Life Insurance	Pacific Odyssey®	Variable Annuity	49 states (NY has own version)	$25,000	90 (85 in NY and OK)	$1,000,000
25	Pacific Life Insurance	Pacific Index Advisory®	Fixed Index Annuity	49 states (not available in NY)	$25,000	85	$1,000,000
26	Midland National® Life Insurance Company	IndexMax ADV^SM 5	Fixed Index Annuity	47 states (more to come)	$50,000	85	$1,000,000
27	Midland National® Life Insurance Company	IndexMax ADV^SM 7	Fixed Index Annuity	47 states (more to come)	$50,000	85	$1,000,000
28	Pacific Life Insurance	Pacific Advisory Variable Annuity	Variable Annuity	50 states	$25,000	90	$1,000,000
29	Midland National® Life Insurance Company	Constance^SM CDA	Contingent Deferred Annuity	44 states + DC (not MN, MT, NY, OR, UT, WA)	$50,000	80	$2,000,000
30	Jackson	Jackson Market Link Pro^SM Advisory	Registered Index-Linked Annuity	Not available in NY, OR, NE or HI at this time	$25,000	85	$1,000,000
31	Allianz Life	Index Advantage Income ADV^SM	Registered Index-Linked Annuity	49 states (not NY)	$5,000	80	$3,000,000
32	American Life	American Life Fee Based MYGA	Multi-Year Guaranteed Annuity	AZ, CO, DC, FL, GA, HI, ID, IL, IA, IN, KS, LA, MI, MO, MT, ND, NE, NV, NM, OH, OK, OR, SD, TX, UT	$10,000	90	$1,000,000
33	Midland National® Life Insurance Company	Oak ADVantage^SM	Multi-Year Guaranteed Annuity	49 States + DC (no NY)	$50,000	90	$1,000,000
34	MassMutual Ascend	Advantage 5 Advisory	Multi-Year Guaranteed Annuity	48 states (more to come)	$50,000	89 (inherited 75)	$2M to 75, $1.5M 76-80, $1M 80+
35	Midland National® Life Insurance Company	Midland National Capital Income	Fixed Index Annuity	All States (Except NY)	$20,000	80	$1,000,000
36	MassMutual Ascend	Index Achiever Advisory	Registered Index-Linked Annuity	34 states	$0	80	2,000,000 0-75 / 1,500,000 76-80
37	GILICO	GRL Guaranty Rate Lock	Multi-Year Guaranteed Annuity	46 states (not AK, HI, ME, NY)	$10,000	100	$5,000,000
38	Nationwide	Advisory Retirement Income Annuity	Variable Annuity	50 states	$25,000	95	$3,000,000
39	Nationwide	Monument Advisor	Variable Annuity	50 states	$15,000	95	$10,000,000
40	Nationwide	Advisory Income	Single Premium Immediate Annuity	49 states, not NY	$10,000	95	$3,000,000
41	Corebridge Financial	Power Index Advisory	Fixed Index Annuity		$25,000	85 (80 with election of GLB)	$1,000,000
42	Corebridge Financial	Assured Edge Advisory	Fixed Annuity		$25,000	80	$1,000,000
43	Protective Life	Investors Benefit Advisory VUL	Variable Universal Life	All states except NY	None	80	$5,000,000
44	Jackson	Market Link Pro^® Advisory II	Registered Index-Linked Annuity	Not available in OR, NE, NY (MO, VA, NJ only offer MLPA)	$25,000	85	$2,500,000
45	Equitable	Structured Capital Strategies PLUS 21 Series ADV	Registered Index-Linked Annuity	Not all segments available in all jurisdictions	$25,000	85 (ROP death benefit max 75)	$1,500,000
46	Equitable	Structured Capital Strategies Income ADV	Registered Index-Linked Annuity	Not all segments available in all jurisdictions	$25,000	80 (HAV death benefit max 75), minimum issue age of 45	$1,500,000
47	Equitable	Investment Edge 21 ADV	Variable Annuity	Not all segments available in all jurisdictions	$25,000	85	$1,500,000
48	Pacific Life Insurance	Pacific Harbor	Multi-Year Guaranteed Annuity	All states except NY	$25,000	85	$1,000,000
49	Pacific Life Insurance	Pacific Advisory Fixed Index Annuity	Fixed Index Annuity	All states except NY	$25,000 for Q and NQ	85	$1,000,000

wdt_ID	Insurance Company	Product	Solution Type	New York Prospectus	Benefits/Optional Rider Info	Optional Rider 2	Optional Rider 3	Prospectus	Client Brochure	Learn More	Investment Options	Approved ETFs/Mutual Funds + Models	Performance	Rates	Tool
1	Allianz Life	Index Advantage ADV℠	Registered Index-Linked Annuity					Prospectus		How it works				Rates
2	Allianz Life	Retirement Foundation ADV℠	Fixed Index Annuity						Client Brochure	How it works				Rates
3	Ameritas	Advisor No-Load VA	Variable Annuity					Prospectus	Client Brochure	Fund Prospectus	Investment Options		Performance
4	Ameritas	Compass SPIA	Single Premium Immediate Annuity						Client Brochure
6	Ameritas	Advisor II VUL	Variable Universal Life					Prospectus	Client Brochure	Fact Sheet	Investment Options
7	Ameritas	Value Plus Term Life Insurance	Term Life Insurance						Client Brochure
10	MassMutual Ascend	Index Protector℠ 7	Fixed Index Annuity						Client Brochure	Product Overview				Rates	FIA Portfolio Simulator
11	Nationwide	Advisory Variable Universal Life	Variable Universal Life					Prospectus	Client Brochure	Learn More	Investment Options
12	Symetra	Advisory Edge	Fixed Index Annuity						Client Brochure					Rates
13	Symetra	Advisory Income Edge	Fixed Index Annuity						Client Brochure					Rates
14	TIAA Life	Intelligent Variable Annuity	Variable Annuity					Prospectus	Client Brochure				Fund Performance
15	TIAA Life	Investment Horizon	Multi-Year Guaranteed Annuity					Prospectus	Client Brochure					Rates
17	Transamerica	I-Share II Variable Annuity	Variable Annuity		Principal Optimizer	Income Edge 1.2		Prospectus		Product Summary	Investment Options		Fund Performance
18	Jackson	Jackson Retirement Investment Annuity^SM	Variable Annuity	NY Prospectus	+Protect			Prospectus	Client Brochure	Learn More	Investment Options		Performance
19	Jackson	Perspective Advisory II^®	Variable Annuity	NY Prospectus	LifeGuard Freedom® Guide	LifeGuard Freedom Accelerator^SM Living Benefits Guide	Death Benefits Guide	Prospectus	Client Brochure	Income Stream Comparison	Investment Options		Performance
20	Jackson	Marketprotector Advisory^SM	Fixed Index Annuity		IncomeAccelerator®				Client Brochure	Product Details	Crediting Methods			Rates
22	MassMutual Ascend	Index Protector 5 MVA℠	Fixed Index Annuity						Client Brochure	Product Overview				Rates	FIA Portfolio Simulator
23	MassMutual Ascend	Index Protector 4℠	Fixed Index Annuity						Client Brochure	Product Overview				Rates	FIA Portfolio Simulator
24	Protective Life	Investors Benefit Advisory VA	Variable Annuity	NY Prospectus				Prospectus	Client Brochure	Learn More	Investment Options
25	Pacific Life Insurance	Pacific Odyssey®	Variable Annuity	NY Prospectus	Enhanced Income Select 2	Protected Investment Benefit 10-year	Protected Investment Benefit 5-year	Prospectus	Client Brochure	Fact Sheet	Investment Options		Fund Performance
26	Pacific Life Insurance	Pacific Index Advisory®	Fixed Index Annuity		Interest Enhanced Death Benefit	Interest Enhanced Death Benefit (OR)	Interest Enhanced Death Benefit (NJ, OH, UT, WA)		Client Brochure	Fact Sheet				Rates
27	Midland National® Life Insurance Company	IndexMax ADV^SM 5	Fixed Index Annuity						Client Brochure	Learn More	Investment Options			Rates	Advisory Annuity Impact Calculator
28	Midland National® Life Insurance Company	IndexMax ADV^SM 7	Fixed Index Annuity						Client Brochure	Learn More	Investment Options			Rates	Advisory Annuity Impact Calculator
29	Pacific Life Insurance	Pacific Advisory Variable Annuity	Variable Annuity	NY Prospectus	Portfolio Income Protector			Prospectus	Client Brochure	Subaccount Costs	Investment Options		Fund Performance
30	Midland National® Life Insurance Company	Constance^SM CDA	Contingent Deferred Annuity					Prospectus	Client Brochure	Client Fact Sheet		- Mutual Funds/ETFs - Models
31	Jackson	Jackson Market Link Pro^SM Advisory	Registered Index-Linked Annuity					Prospectus	Client Brochure	Learn More				Rates	Tool
32	Allianz Life	Index Advantage Income ADV^SM	Registered Index-Linked Annuity					Prospectus	Client Brochure	How it Works			Performance	Rates
33	American Life	American Life Fee Based MYGA	Multi-Year Guaranteed Annuity							Fact Sheet
34	Midland National® Life Insurance Company	Oak ADVantage^SM	Multi-Year Guaranteed Annuity						Client Brochure	Fact Sheet				Rates
35	MassMutual Ascend	Advantage 5 Advisory	Multi-Year Guaranteed Annuity						Client Brochure	Learn More				Rates
36	Midland National® Life Insurance Company	Midland National Capital Income	Fixed Index Annuity		Health-Activated Income Multiplier				Client Brochure	Highlight Sheet				Rates
37	MassMutual Ascend	Index Achiever Advisory	Registered Index-Linked Annuity					Prospectus	Client Brochure					Rates	Illustration
38	GILICO	GRL Guaranty Rate Lock	Multi-Year Guaranteed Annuity						Client Brochure	Learn More
39	Nationwide	Advisory Income	Single Premium Immediate Annuity						Client Brochure	Learn More				Rates
40	Nationwide	Monument Advisor	Variable Annuity	NY Prospectus				Prospectus	Client Brochure	Learn More	Investment Options		Performance
41	Nationwide	Advisory Retirement Income Annuity	Variable Annuity	NY Prospectus	Living Benefits	Protection Benefit	Death Benefit	Prospectus	Client Brochure	Learn More	Investment Options		Performance	Rates
42	Corebridge Financial	Power Index Advisory	Fixed Index Annuity		Lifetime Income Max				Client Brochure	Learn More	Investment Options			Rates
43	Corebridge Financial	Assured Edge Advisory	Fixed Annuity						Client Brochure	Learn More				Rates
44	Protective Life	Investors Benefit Advisory VUL	Variable Universal Life		Benefits			Prospectus		Learn More			Performance
45	Jackson	Market Link Pro^® Advisory II	Registered Index-Linked Annuity		Benefits			Prospectus	Client Brochure		Investment Options			Rates
46	Equitable	Structured Capital Strategies PLUS 21 Series ADV	Registered Index-Linked Annuity					Prospectus		Learn More
47	Equitable	Structured Capital Strategies Income ADV	Registered Index-Linked Annuity					Prospectus		Learn More
48	Equitable	Investment Edge 21 ADV	Variable Annuity					Prospectus		Learn More
49	Pacific Life Insurance	Pacific Harbor	Multi-Year Guaranteed Annuity						Client Brochure	Learn More				Rates
50	Pacific Life Insurance	Pacific Advisory Fixed Index Annuity	Fixed Index Annuity						Client Brochure	Learn More				Rates
	Insurance Company	Product	Solution Type

Book some Time

Our licensed experts will review a client annuity, service an existing account, or simply present an overview of the RetireOne platform.

Schedule a Meeting

Important Disclosures

The Certificate is designed to protect investors who are concerned that, either because of withdrawals over time, poor market performance, or both, their Covered Asset Pool may be depleted during their lifetime. To address that need, the Certificate in effect provides a limited form of insurance against outliving your assets. The Certificate has no cash value, surrender value or death benefit. The Certificate is intended for long-term investment purposes. You should consider the risks and expenses of the annuity carefully before investing. The prospectus contains this and other information. You may contact your financial professional or call (877) 575-2742 to obtain a current prospectus for the contingent deferred annuity. Please read it carefully.

A.M. Best is a large third-party independent reporting and rating company that rates an insurance company on the basis of the company’s financial strength, operating performance, and ability to meet its obligations to policyholders. Ratings shown reflect the opinions of the rating agencies and are not implied warranties of the company’s ability to meet its financial obligations. The above ratings apply to Midland National’s financial strength and claims-paying ability.

A.M. Best rating affirmed on July 30, 2021. For the latest rating, access ambest.com. Awarded to Midland National^® as part of Sammons^® Financial Group Inc., which consists of Midland National^® Life Insurance Company and North American Company for Life and Health Insurance^®.

Constance CDA is not a pension, nor does it contain all of the same features or benefits of a pension; it is a contingent deferred annuity which is a type of insurance product.

The Constance^SM Group Contingent Deferred Annuity (AG206A (contract) and AC206A (certificate) is issued by Midland National^® Life Insurance Company, West Des Moines, Iowa 50266, distributed by EF Legacy Securities, LLC, member FINRA and underwritten by Sammons Financial Network^®, LLC., member FINRA. The Constance^SM Group Contingent Deferred Annuity is not available in New York.

Product and feature availability may vary by state and program sponsor.

Sammons Financial Network^®, LLC. and Midland National^® Life Insurance Company are wholly owned subsidiaries of Sammons^® Financial Group, Inc. and are not affiliated with EF Legacy Securities, LLC and RetireOne.

The Constance^SM group contingent deferred annuity is not a subscription service and the amounts you pay for the benefits provided by this annuity are referred to in the group contract and certificate as fees. Failing to pay the required fees may result in termination of benefits including the “coverage amount” described herein.

Registered investment advisors* (financial advisors) who work with our appointed insurance agents (financial professional(s)) operate independently from Midland National and vary in the extent to which they use the insurance products available to any respective financial professional.

*Midland National does not evaluate, endorse, recommend, or guarantee the services of any financial advisor. You have the relationship and hiring decisions with your financial advisor. As such, we will not supervise or monitor the financial advisor’s activities or your overall investment portfolio, nor are we responsible for the performance of your investments. We have no discretionary authority or control, or liability for any damages with respect to how your financial advisor manages your investment assets.

Midland National^® Life Insurance Company does not give tax, legal, or investment advice. Please consult with and rely on your own tax, legal, or investment professional(s).

The certificate is not designed for resale or speculation, arbitrage, viatical settlements or any type of collective investment scheme. The contract may not be traded on any stock exchange or secondary market. By purchasing the contract, you represent and warrant that you are not purchasing or intending to use the contract, and any of its riders, for resale, speculation, arbitrage, viatical settlements or any type of collective investment scheme.

The Constance^SM Group Contingent Deferred Annuity can play an important role in your retirement plan but may not be for everyone. Before investing, you and your financial advisor should discuss aspects that affect the appropriateness of your situation, including cost, investment timeframe and other retirement assets you may have.

This is neither an offer to sell nor a solicitation to buy. Before purchasing this product, you must receive a current prospectus that includes information regarding risk factors, fees, expenses, investment objectives, and policies. Read the prospectus carefully before you invest any money.

Before replacing an annuity, review the current policy for loss of benefits or surrender charges you may incur. Some of the fees you are paying in your current annuity could be for benefits other annuities do not provide. When considering a 1035 exchange, the replacement annuity is potentially subject to additional fees including a new surrender schedule.

This is a not the story of an actual investor. It is a narrative designed to illustrate the potential value of a packaged solution to solve a specific client need. It is not intended as a testimonial or endorsement of any particular product.

Testimonials may not be representative of the experience of other financial professionals. Testimonials are no guarantee of future performance or success. No fees were paid to the financial professionals who provided these testimonials.

Guarantees are subject to the claims paying ability of the issuing insurance company.

Annuities on the RetireOne platform include low-cost, commission-free products that don't charge surrender penalties. They feature low-cost underlying investment options from fund families like Vanguard and DFA with expense ratios as low as .03%, and average portfolio expenses ranging from 0.63% to 1.02%. M&E fees in these annuities range from 0.20% to .50%, which represents a cost savings relative to traditional products that charge an average 1.32% in M&E fees (source: Morningstar 12/18).

No-load insurance and annuities do not pay the traditionally high commissions for the sale of these products. Other fees and expenses including subaccount fees, M&E charges, administrative fees, optional rider fees, surrender charges, and other insurance-related fees may apply.

We recommend that you consult with a tax professional when considering annuities or other investments.

RetireOne is paid a nominal administration and service fee by insurers to support the platform through which these products are offered to advisors and their clients.

¹Assumes a fee difference of 90 bps—45 bps M&E for no-load VA vs. 135 bps for average traditional VA (according to Morningstar 12/18).

²First-year fee savings based on $200,000 traditional variable annuity account charging 135 bps M&E vs. IOVA charging 45 bps with a 6% return assumption.

Ameritas Advisor No-Load VA (form 6150) and Ameritas Advisor VUL® (form 4051) are issued by Ameritas Life Insurance Corp. and underwritten by affiliate Ameritas Investment Corp. Variable annuities are suitable for long-term investing, particularly for retirement, and are subject to investment risk, including possible loss of principal. Before investing, carefully consider the investment objectives, risks, charges and expenses and other important information about the policy issuer and underlying investment options. This information can be found in the policy and investment option prospectuses, which are available on this website. Please read the prospectuses carefully before investing or sending money. Products are not available in NY.

RetireOne is not an affiliate of Ameritas.

Sammons Financial^® is the marketing name for Sammons^® Financial Group, Inc.’s member companies, including Midland National^® Life Insurance Company. Annuities and life insurance are issued by, and product guarantees are solely the responsibility of, Midland National Life Insurance Company.

The IndexMax ADV^SM is issued on base contract form AS203A/ICC20-AS203A, or appropriate state variation including all applicable endorsements and riders. This product, its features and riders may not be available in all states.

Midland National^® provides the guarantees through its general account.

Midland National does not evaluate, endorse, recommend, or guarantee the services of any financial advisor. You have the relationship and hiring decisions with your financial advisor. As such, we will not supervise or monitor the financial advisor's activities or your overall investment portfolio, nor are we responsible for the performance of your investments. We have no discretionary authority or control, or liability for any damages with respect to how your financial advisor manages your investment assets. Withdrawals taken prior to age 59 1/2 may be subject to IRS penalties.

Registered investment advisors (financial advisors) who work with our appointed insurance agents (financial professional(s)) operate independently from Midland National and vary in the extent to which they use the insurance products available to any respective financial professional.

Securities offered through EF Legacy Securities, LLC (EFLS). EFLS is a member of FINRA/SIPC, registered in all 50 states and is a licensed insurance agency (resident KY license no. DOI-896601). In CA, EFLS is doing business as EF Legacy Insurance Agency LLC (nonresident license no. 0L01472).

Non-registered insurance products are sold by RetireOne, Inc. (RetireOne), a licensed insurance agency (resident KY license no. DOI-778494). In CA and AR, RetireOne is doing business as R1 Insurance Solutions, Inc., (nonresident license no. 0H44773 and 100107906, respectively).

FOR FINANCIAL PROFESSIONAL USE ONLY. NOT FOR CONSUMER USE.