Oak ADVantage® Care

Why DPL Likes Oak ADVantage® Care

Oak ADVantage Care is designed for assets currently held for potential health-related costs or unexpected events. Oak ADVantage Care offers 3-, 5-, or 7-year guarantee periods, each with its own guaranteed interest rate. Premium is protected from market downturns and accumulates tax-deferred, allowing for greater growth potential when compared to traditional fixed income instruments like bonds.

Oak ADVantage includes an “Activities of Daily Living” (ADL) Benefit Rider, or health-activated benefit rider.* This feature provides accelerated access to funds — up to 100% with no surrender charges, or an enhanced accumulation value up to 145% — when clients are unable to perform 2 of 6 ADLs. The annual rider fee is 0.50% of the contract’s accumulation value.

How to Think About Commission-Free MYGAs

When your client needs:

PRINCIPAL PROTECTION: Fixed annuities are typically used for clients nearing or in retirement, as they protect principal from market downturns, yet provide a minimum guaranteed rate of return.

FIXED INCOME: Fixed annuities provide a consistent stream of income for clients that are looking to de-risk their portfolios from equities.

CASH REPLACEMENT: Fixed annuities can be used instead of cash investments, such as CDs or money market funds, to help generate better returns subject to the terms of the contract.¹

Advisor Materials:

Oak ADVantage Care Brochure

Oak ADVantage Care Brochure (KS)

Oak ADVantage Care Brochure (MD)

Client Rate Flyer

State Availability and Forms Chart

About MVA Flyer

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Disclosures:

FOR FINANCIAL PROFESSIONAL USE ONLY.

Product information sourced directly from MidlandAdvisory.com

¹Surrender charges, market value adjustments and other contract charges may apply that can reduce the premium. A surrender during the surrender charge period could result in a loss of premium. The surrender charge and market value adjustment may reset with renewal. Surrender charge structures and guarantee periods may vary by state.

Under current law, annuities grow tax deferred. An annuity is not required for tax deferral in qualified plans. Annuities may be subject to taxation during the income or withdrawal phase. Please note that neither Midland National, nor any financial professionals acting on its behalf, should be viewed as providing legal, tax or investment advice. Consult with and rely on your own qualified advisor.

ADL BENEFIT IS NOT LONG-TERM CARE INSURANCE NOR IS IT INTENDED TO REPLACE LONG-TERM CARE INSURANCE.

This marketing material may not be available for use in all states.

All guarantees are based on the continued claims paying ability of the issuing company.

Registered investment advisors (financial advisors) who work with our appointed insurance agents (financial professional(s)) operate independently from Midland National and vary in the extent to which they use the insurance products available to any respective financial professional.

Midland Advisory, part of Midland National® Life Insurance Company, specializes in retirement solutions to help meet the needs of registered investment advisors (RIAs) and their clients. Midland Advisory is not an issuer of insurance products.

Insurance products issued by Midland National Life Insurance Company, West Des Moines, Iowa. Product and features/options may not be available in all states or appropriate for all clients. See product materials and state availability chart for further details, specific features/options, and limitations by product and state.

The Oak ADVantage® Care is issued on form ICC25-AS504A/AS504A (Contract), ICC25-AR435A/AR435A, ICC24-AR426A/AR426A, AR436A, and ICC20-AR380A/AR380A (riders/endorsements) or appropriate state variation. This product, its features, and riders may not be available in all states.