Best available rate
5.65%
5-yr guarantee · 5-yr surrender schedule · $50,000+ premium
Highest current rate across the available 3-year, 5-year, and 7-year guarantee terms.
View all rates and terms ↓38
Available states
Rates as of August 21, 2026. CANNEX via AdvisorWorld; confirm rates and state availability before purchase.
Product analyzer
Run numbers for Oak ADVantage Care
guaranteed rates, terms, state availability, surrender details, and contract facts stay scoped to this Midland National product.
Live product data
Rates as of August 21, 2026, from AdvisorWorld and CANNEX.
Five-year guaranteed rate
5.65% guaranteed for 5 years
A Midland National MYGA with multiple guarantee periods and a health-activated access rider.
Best fit
Conservative buyers seeking a guaranteed fixed term from a highly rated carrier who also value conditional health-related access.
Available guarantee terms
3, 5, and 7 years
AM Best
A+ Superior
Available surrender terms
3, 5, and 7 years
Free withdrawal
0%/yr
Availability
38 states (restricted footprint)
Product analyst notes
How to think about this contract
Why it can stand out
- Several guarantee periods let buyers align a fixed-rate lock with their planning horizon.
- A current Health-Activated Benefit Rider distinguishes the Care filing from the base Oak ADVantage MYGA.
- Midland National carries an A-plus A.M. Best rating in the live carrier data.
What to confirm
- The health-activated benefit has eligibility and contract conditions; it is not interchangeable with standalone long-term-care insurance.
- A market value adjustment and surrender schedule can affect withdrawals beyond the permitted amount.
- Availability is narrower than a nationwide filing, so confirm the state of issue before relying on the quote.
Not ideal for
Buyers seeking index-linked upside, guaranteed lifetime income, unrestricted liquidity, or standalone care coverage.
Free Comparison Report
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Guaranteed Rates by Term
| Term | Surrender term | Rate effective | Published rate |
|---|---|---|---|
| 3-Year | 3-Year schedule | Aug 6, 2026 | 5.5%Rate convention not stated |
| 5-Year | 5-Year schedule | Aug 6, 2026 | 5.65%Rate convention not stated |
| 7-Year | 7-Year schedule | Aug 6, 2026 | 5.55%Rate convention not stated |
Key Features
Free withdrawal
0%/yrAnnual amount that may be available without surrender charges, subject to contract terms.
Surrender waivers
2Nursing home waiver, RMD waiver
Death benefit
Standard Death BenefitBeneficiary value depends on contract terms, withdrawals, and rider elections.
Annuitization options
Single and jointContract conversion options should be confirmed before purchase.
Fund types
Non-qualified, QualifiedAvailability can vary by state and product terms.
Surrender Schedule
3-Year Version
Yr 1
3%
Yr 2
3%
Yr 3
3%
After
0%
5-Year Version
Yr 1
3%
Yr 2
3%
Yr 3
3%
Yr 4
3%
Yr 5
3%
After
0%
7-Year Version
Yr 1
3%
Yr 2
3%
Yr 3
3%
Yr 4
3%
Yr 5
3%
Yr 6
3%
Yr 7
3%
After
0%
Nursing home waiver, RMD waiver, Surrender waivers
Carrier Ratings
Free Comparison Report
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See how Oak ADVantage Care compares for your age, state, premium, and income goals alongside other Midland National MYGA options.