Midland National Endeavor 12 Plus Annuity Review

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The Midland National Endeavor 12 Plus annuity is a Fixed Indexed annuity designed for growth (not for income withdrawals). Midland also offers a 8 year version of this annuity.

IncomeVantage Highlights:

Frequently Asked Questions About the Endeavor 12 Plus Annuity:

Q: What is the minimum premium I need to pay?
A: $10,000

Q: Am I paid a bonus on my initial premium at sign-up?
A:Yes. The Endeavor 12 Plus pays an 8% bonus on all premiums received during the first five contract years. In some states the bonus may differ.

Q: Can I pay additional premium later on?
A:Yes. A minimum of $100 each time.

Q: Are there any age restrictions?
A:Yes. You can purchase this annuity up to age 75. In some states the age requirements may differ.

Q:In which states is the Endeavor 12 Plus annuity available?
A:The Endeavor 12 Plus annuity is not available in all states. Call 800-872-6684 to find out if it's available in your state.

Q: Does this annuity have an income rider (for withdrawing income)?
A:Yes. An income rider can be included with your contract for an additional fee.
Click here for the income rider brochure.

Q: For how long are surrender charges in effect?
A:12 Years

Q:Does the Endeavor 12 Plus annuity permit any withdrawals without penalties?
A:Yes, after the first contract year.

Q:What benchmark indices do the IncomeVantage 14 offer?
A:Midland National’s Endeavor 12 Plus annuity offers seven different indices into which you can allocate your premium. The current options are S&P 500, Dow Jones Industrial Average (DJIA), S&P Midcap 400, Russell 2000, Nasdaq-100, Euro Stoxx 50, and Hang Seng.

Q: What are the index account options?
A:Monthly Point-to-Point, Annual Point-to-Point, Inverse Performance Trigger

Q: What is the Method for Crediting Interest or Gains?
A: Cap rates.

To review the Endeavor 12 Plus annuity with an agent or to receive a free personalized illustration call 800-872-6684 or fill in the "Get My Free Quote" form in the upper right section of this page. You can also post your questions in the "Add a comment..." section below.

Read more about Midland National's Annuities on Midland's site

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