NAC Guarantee Plus
North American Company
5.35%
5-yr guarantee
10%
Free W/D
50
Jurisdictions
Live product data
Rates as of May 29, 2026, based on the latest AdvisorWorld scan of CANNEX data.
5-year guaranteed rate
5.35% guaranteed for 5 years
A North American MYGA with 3-, 5-, and 7-year published guarantee periods on a single filing, a seven-year surrender ladder, a published annual free-withdrawal allowance, and nursing-home and RMD surrender waivers, backed by an A+ rated carrier.
Best fit
Safety-first buyers who want a known, contractually guaranteed annual rate from an A+ rated carrier with a choice of 3-, 5-, or 7-year rate-lock periods on a single filing, and who value the published free-withdrawal allowance plus nursing-home and RMD surrender waivers.
AM Best
A+ Superior
Surrender period
7 years
Free withdrawal
10%/yr
Product analyst notes
How to think about this contract
Why it can stand out
- Three published guarantee periods — 3-year, 5-year, and 7-year — on a single filing, so a buyer can match the rate-lock window to their own planning horizon without picking a different product.
- Published annual free-withdrawal allowance is among the more liberal published free-withdrawal allowances in the MYGA market for this carrier, giving a buyer meaningful penalty-free liquidity inside the surrender window.
- Two published surrender-charge waivers (nursing home confinement + RMD waiver) give a buyer named exits from the surrender schedule for the life events most likely to force an early withdrawal.
- Carrier financial-strength is rated by more than one agency on this page, so the strength view sitting behind the fixed-rate guarantee is not a single-source read.
What to confirm
- The seven-year surrender schedule runs the full length of the longest published term — buyers who pick the 3-year guarantee period will still face a surrender charge on the 4th through 7th contract years if they need to exit the contract before the surrender schedule fully releases. Match the guarantee period to your expected hold period explicitly.
- There is no premium bonus and no return-of-premium feature on this filing — the entire value proposition is the declared guaranteed rate for the term, with the death benefit being the standard accumulation contract value rather than a stepped-up amount.
- Despite the 'Plus' branding, this is a plain fixed-rate MYGA — there is no index-linked crediting, no participation rate, no cap, and no Protected Income Value income mechanism. Buyers who want index-linked upside or built-in lifetime income should look at an FIA in this carrier's lineup instead.
- Free-withdrawal and surrender-waiver provisions can vary by state — confirm the state-specific version with the carrier or a licensed financial professional before assuming the headline values apply in your state.
Not ideal for
Buyers who want index-linked upside (look at the carrier's FIA lineup instead), need a guaranteed-lifetime-withdrawal income rider, expect a premium bonus or a return-of-premium feature, want a death-benefit roll-up beyond the standard contract value, or are unwilling to match the surrender window to their chosen guarantee period.
Guaranteed Rates by Term
| Term | Guaranteed Rate |
|---|---|
| 3-Year | 5% |
| 5-Year | 5.35% |
| 7-Year | 5.2% |
Key Features
Surrender waivers
2Nursing home waiver, RMD waiver
Death benefit
Death BenefitBeneficiary value depends on contract terms, withdrawals, and rider elections.
Annuitization options
Single and jointContract conversion options should be confirmed before purchase.
Fund types
Non-qualified, QualifiedAvailability can vary by state and product terms.
Surrender Schedule
Yr 1
9%
Yr 2
8%
Yr 3
7%
Yr 4
6%
Yr 5
5%
Yr 6
4%
Yr 7
3%
After
0%
Nursing home waiver, RMD waiver, Surrender waivers
Carrier Ratings
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