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, a 6 year version, and a 4 year version of this annuity.

Endeavor Highlights:

Midland Endeavor 12 Annuity Interest Rates
Index Strategy Cap Rate Spread Rate
S&P 500 Low Volatility Daily Risk Control 5% APP* Index Margin (No Cap) N/A 2.25%
S&P 500 MPP** Index Cap Rate 1.65% N/A
APP Index Cap Rate 3.25% N/A
S&P Midcap 400 APP Index Cap Rate 2.95% N/A
DJIA APP Index Cap Rate 3.05% N/A
NASDAQ-100 MPP Index Cap Rate 1.50% N/A
APP Index Cap Rate 3.00% N/A
Russell 2000 APP Index Cap Rate 3.10% N/A
Euro Stoxx 50 App Index Cap Rate 3.55% N/A
Hang Seng APP Index Cap Rate 3.65% N/A
Fixed Account Rate = 1.80%

*APP = Annual Point-to-Point

**MPP = Monthly Point-to-Point

***IPT = Inverse Performance Trigger

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 Retire X-Cel 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. You can also post your questions in the "Add a comment..." section below.

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

See which other annuities are really popular here.