North American Secure Horizon Plus
North American Company
7%
Free W/D
43
States
A single-premium fixed index annuity that combines guaranteed interest floors with the potential for higher returns through indexed crediting methods, plus optional retirement income riders for managing longevity and health care risks.
Free Withdrawal
7%/yr
Available In
43 states
Min Premium
$25,000
Surrender
10 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| Loomis Sayles Managed Futures 2 Index | 2-Year | -- | 175% | -- |
| Loomis Sayles Managed Futures 2 Index | 3Y | -- | 205% | -- |
| Loomis Sayles Managed Futures 2 Index | 4Y | -- | 235% | -- |
| Loomis Sayles Managed Futures 2 Index | 5Y | -- | 280% | -- |
| Loomis Sayles Managed Futures 2 Index | Annual | -- | 130% | -- |
| NYSE Global Equity Adaptive Rotator Select Index | 2-Year | -- | 100% | -- |
| NYSE Global Equity Adaptive Rotator Select Index | 3Y | -- | 120% | -- |
| NYSE Global Equity Adaptive Rotator Select Index | 4Y | -- | 140% | -- |
| NYSE Global Equity Adaptive Rotator Select Index | 5Y | -- | 140% | -- |
| NYSE Global Equity Adaptive Rotator Select Index | Annual | -- | 70% | -- |
| Research Affiliates Global Multi-Asset Index | 2-Year | -- | 170% | -- |
| Research Affiliates Global Multi-Asset Index | Annual | -- | 110% | -- |
| S&P 500 Low Volatility Daily Risk Control 5% USD Excess Return Index | 2-Year | -- | 150% | -- |
| S&P 500 Low Volatility Daily Risk Control 5% USD Excess Return Index | Annual | -- | 105% | -- |
| S&P PRISM Index ER | 2-Year | -- | 145% | -- |
| S&P PRISM Index ER | 3Y | -- | 140% | -- |
| S&P PRISM Index ER | 4Y | -- | 165% | -- |
| S&P PRISM Index ER | 5Y | -- | 170% | -- |
| S&P PRISM Index ER | Annual | -- | 95% | -- |
| Fixed Account | Annual | -- | -- | -- |
| Fixed Account | Daily | -- | -- | 2.65% |
Key Features
Premium Bonus
20%Immediate 20% bonus added to your starting accumulation value, allocated based on your chosen account mix
Guaranteed Minimum Fixed Rate
0.10%Fixed account is guaranteed to earn no less than this rate annually for the entire contract life
Penalty-Free Withdrawals
7% annuallyWithdraw up to 7% of your beginning-of-year accumulation value each year without surrender charges
Surrender Charge Period
10 years, declining 9.00% to 1.00%Charges apply if you withdraw more than the penalty-free amount during this period, declining each year
Index Crediting Methods
Minimum participation rates from 10% to 30% depending on termMultiple options including point-to-point participation rates and a 10-year Performance Strategy Ladder
Market Value Adjustment
Formula-based, limited to surrender charge or credited interestAdjusts surrender value based on interest rate changes, with limits to protect you
Retirement Benefits Rider
1.45% annual chargeAnnual fee provides access to four benefit types: ADL benefit, income gap benefit, enhanced payout, and enhanced death benefit
Highlights
20% premium bonus added immediately to your account
Guaranteed minimum interest rates with upside potential through index-linked crediting
Flexible retirement income options including ADL, income gap, and enhanced payout benefits
Automatic Accumulation Value True-Up benefit protects against strategy charge losses
Tax-deferred growth with multiple allocation strategies to match your risk tolerance
Surrender Schedule
Yr 1
10%
Yr 2
10%
Yr 3
10%
Yr 4
10%
Yr 5
10%
Yr 6
9%
Yr 7
8%
Yr 8
7%
Yr 9
6%
Yr 10
4%
After
0%
Nursing home waiver
Best For
Individuals seeking tax-deferred growth with downside protection who want market exposure without direct equity risk and may benefit from retirement income riders to protect against longevity or long-term care needs.
Consider Alternatives If
Those who need immediate liquidity or frequent access to their funds, as early withdrawal above 7% annually triggers significant charges and bonus recapture; also not suitable for investors seeking direct stock market participation or expecting to withdraw funds before 10 years.
Carrier Ratings
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