Focused Growth Annuity

Overview

A Rewarding Blend of Safety, Growth and Flexibility

The Focused Growth Annuity is a single-premium, deferred annuity offering a robust set of client-friendly features plus a market-value adjustment feature, which optimizes the growth potential of your client's savings.

Rate Guarantees - 3, 5 or 7 Years

Initial Rate Guarantee Period

Your client may choose a 3, 5 or 7-year initial interest rate guarantee period and receive the rate in effect at the time they buy the annuity for the entire length of the guarantee period. Interest is calculated and credited daily. At the end of the term, they may withdraw their money or automatically start a new guaranteed-rate period.

Subsequent Rate Guarantee Period

If your client chooses to continue their annuity, a new interest rate guarantee period and surrender-charge period automatically begins at the end of the initial term, then again at the end of each subsequent term.* All subsequent terms will be for the same duration as their initial guarantee period.

During the first 30 days of each subsequent term, your client may withdraw some or all of their funds without a surrender charge or market value adjustment.

The Standard sets a new interest rate at the beginning of each subsequent rate guarantee period, and we guarantee the rate for that period. The new rate may be higher or lower than the interest rate of the initial rate guarantee period.

Surrender Periods With Flexible Withdrawal Options

Surrender-charge periods match the rate guarantee periods. For example, if your client selected a Focused Growth Annuity 3, all subsequent guarantee periods will be 3 years.

At the end of each guarantee period, new interest rate guarantee periods and surrender-charge periods automatically begin.* During the first 30 days of each subsequent surrender-charge period, your client may withdraw some or all of their funds without a surrender charge. In addition, the FGA offers withdrawal options without a surrender charge or market value adjustment to help in certain situations.

Target Clients

The Focused Growth Annuity is a good fit for a long-term saver who likes the benefits of tax-deferred growth and protection as part of their retirement strategy.

This annuity is also an excellent way to enhance your client’s retirement-savings plan and can be used to fund IRAs and SEPs.


* Subject to restrictions in Florida to comply with state regulations.


Some products and rate guarantee periods available through select distribution only.

Rates may change without notice. Products of Standard Insurance Company. Product features and availability varies by state.

Features
  • Focused Growth Annuity 3
    • 3-Year Rate Guarantee Periods, 3-Year Market Value Adjustment Periods
    • 3-Year Surrender-Charge Periods (9.4%, 8.5%, 7.5%)
  • Focused Growth Annuity 5
    • 5-Year Rate Guarantee Periods, 5-Year Market Value Adjustment Periods
    • 5-Year Surrender-Charge Periods (9.4%, 8.5%, 7.5%, 6.5%, 5.5%)
  • Focused Growth Annuity 7
    • 7-Year Rate Guarantee Periods, 7-Year Market Value Adjustment Periods
    • 7-Year Surrender-Charge Periods (9.4%, 8.5%, 7.5%, 6.5%, 5.5%, 4.5%, 3.5%)
  • $15,000 to $1,000,000 initial premium (greater amounts may be possible if pre-approved before you submit an application)
  • Additional premium accepted in first 90 days
  • Issue age
    • FGA 3 and 5 issues to age 931
    • FGA 7 issues to age 90
  • Joint Owner and Joint Annuitant options
  • Surrender-Charge-Free (and MVA-Free) Withdrawal Options
    • First 30 days of each subsequent surrender charge period
    • Regularly scheduled payments of interest earnings
    • Required minimum distribution
    • Terminal conditions2
    • Nursing home residency2
    • Death benefits
    • Annuitization

1 The purchase of the annuity for those age 91-93 must be for transfer-of-wealth or estate-planning purposes.

2 Applies after the first contract year.


Some products and rate guarantee periods available through select distribution only.

Rates may change without notice. Products of Standard Insurance Company. Product features and availability varies by state.

Sales Resources

FGA Marketing Materials

At a Glance Product Guide

Product Highlights Flyer

Brochure for 3, 5 & 7

Numerical Examples*

Broker Sales Guide


Sample Policies

FGA 3 Specimen Contract – Generic

FGA 5 Specimen Contract – Generic

FGA 7 Specimen Contract – Generic


FGA 3 Specimen Contract – FL Specific

FGA 5 Specimen Contract – FL Specific

FGA 7 Specimen Contract – FL Specific


*Not for use in California.


Some products and rate guarantee periods available through select distribution only.

Rates may change without notice. Products of Standard Insurance Company. Product features and availability varies by state.

Effective date: 
4/1/2020

FGA 3

$15,000
$100,000
Crediting Rate
1.45
1.55

3-year repeating guarantee : 3-year repeating surrender and MVA period

FGA 5

$15,000
$100,000
Crediting Rate
2.10
2.20

5-year repeating guarantee : 5-year repeating surrender and MVA period

FGA 7

$15,000
$100,000
Crediting Rate
2.15
2.25

7-year repeating guarantee : 7-year repeating surrender and MVA period