Midland National Endeavor 12 Annuity Review

midland logo

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

Endeavor Highlights:

Endeavor 12 Annuity Interest Rates
Index Strategy Cap Rates Margin Rates (no cap)
S&P 500 Annual Point to Point 5.75% N/A
Monthly Point to Point 2.30% N/A
Inverse Performance Trigger 5.55% N/A
S&P MARC 5% ER Annual Point to Point N/A 0.50%
S&P Low Volatility Daily Risk Control 5% Annual Point to Point N/A 1.65%
S&P Midcap 400 Annual Point to Point 3.65% N/A
Dow Jones Industrial Average Annual Point to Point 4.10% N/A
NASDAQ-100 Monthly Point to Point 1.45% N/A
Annual Point to Point 3.75% N/A
Russell 2000 Annual Point to Point 3.95% N/A
Euro Stoxx 50 Annual Point to Point 5.00% N/A
Hang Seng Annual Point to Point 5.35% N/A
Declared Rate = 2.25%

Frequently Asked Questions About the Endeavor 12 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: No. There is no premium bonus.

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 annuity available?
A: The Endeavor 12 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 Focus rider brochure.

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

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

Q: What benchmark indices do the Endeavor 12 offer?
A: Midland National’s Endeavor 12 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, Biennial PTP, Inverse Performance Trigger.

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

To review the Endeavor 12 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.

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

See which other annuities are really popular here.