What is the minimum guaranteed surrender value for Midland National – MNL Guarantee Pro (3-, 5- and 7-year terms)?

MNL Guarantee Pro is a Single Premium Deferred Annuity (SPDA). The owner makes a one-time premium payment and selects a 3-, 5-, or 7-year guarantee period, during which the declared fixed rate is an annual effective rate and interest is credited daily. At the end of the initial guarantee period, the contract provides a 30-day window to renew into a new guarantee period (3/5/7 years, subject to maturity date) or take other actions, with no surrender charges or MVA applied during that window.

What is the minimum premium amount for Midland National – MNL Guarantee Pro (3-, 5- and 7-year terms)?

The minimum premium amount is $20,000.

What is the maximum issue age for Midland National – MNL Guarantee Pro (3-, 5- and 7-year terms)?

The maximum issue age is 90 years.

What is the current interest rate for Midland National – MNL Guarantee Pro (3-, 5- and 7-year terms)?

The current interest rate is 4.1%.

What is the surrender charge schedule for Midland National – MNL Guarantee Pro (3-, 5- and 7-year terms)?

Withdrawals above the penalty-free amount during the guarantee period are subject to surrender charges and may also incur an MVA. Surrender charges decline over time and reach 0% at the end of the term. Surrender charge structures may vary by state.

What are the best rates available for Midland National – MNL Guarantee Pro (3-, 5- and 7-year terms)?

The best available rate is 4.70% for a 7 year term.

Midland National

Midland National – MNL Guarantee Pro (3-, 5- and 7-year terms)

About this product

MNL Guarantee Pro® is a single-premium Multi-Year Guaranteed Annuity (MYGA) issued by Midland National® Life Insurance Company that provides fixed, tax-deferred interest growth with a guaranteed interest rate for the chosen 3-, 5-, or 7-year guarantee period. It’s built for clients who want principal protection, predictable accumulation, and simple renewal flexibility at the end of the guarantee period.

Available Rates

Rates are based on current simulation settings with premium amount $100,000.00

3 Years	4.50%
5 Years	4.80%
7 Years	4.70%

Available Guarantee Periods

Rates are based on current simulation settings with premium amount $100,000.00

$20,000.00 - $99,999.00	4.1%
$100,000.00 - $1,000,000.00	4.5%

Features
Maximum Issue Age	90 years

Lifetime Income Details

Payout Options

Annuitization

Lump Sum Withdrawal

Additional Options

Actual payout options may vary by insurance carrier and specific products. Common alternatives include:

Life Income Only: Payments for the rest of your life, stopping upon death
Period Certain: Guaranteed payments for a specific time period (5, 10, 15, or 20 years)
Life with Period Certain: Lifetime payments with a minimum guaranteed period
Joint Life: Payments continue for both you and your spouse's lifetimes
Systematic Withdrawal: Regular withdrawals of a specified amount or percentage