EX-99.5 3 a15-1969_9ex99d5.htm EX-99.5

Exhibit 99.5

 

 

VAROOM — Flexible Premium Individual Variable Annuity Application

 

MAILING INSTRUCTIONS

 

Send this completed application to:

REGULAR MAIL: Integrity Life Insurance Company, PO Box 5722, Cincinnati, OH 45201-5722

EXPRESS MAIL: Integrity Life Insurance Company, Attn: Annuity Operations, 400 Broadway, Cincinnati, OH 45202-3341

 

OWNER INFORMATION (Required)

 

Owner — The Owner controls the contract. If the Owner is a non-natural person, such as a trust or corporation, complete the Entity Ownership Certificate and designate the Owner as the Beneficiary.

 

Name—First, Middle, Last

Phone Number

Social Security Number/TIN

 

 

 

 

Physical Address (No P.O. Boxes)

City

State

Zip Code

 

 

 

 

Mailing Address     o Same as Physical Address

City

State

Zip Code

 

 

 

 

Gender: o Male o Female

Date of Birth

Email Address

 

 

 

 

 

Country of Citizenship

If you are not a United States citizen, are you a permanent resident? o Yes o No
If Yes, for how long?

 

ANNUITANT INFORMATION (Required if different from Owner. The Owner and Annuitant can only be different if this is a custodial account.)

 

Annuitant — The Annuitant is the person whose life expectancy is used to determine the annuity benefit.

 

Name—First, Middle, Last

Phone Number

Social Security Number

 

 

 

 

Address

City

State

Zip Code

 

 

 

 

Gender: o Male o Female

Date of Birth

Email Address

 

 

 

Country of Citizenship

If you are not a United States citizen, are you a permanent resident? o Yes o No
If Yes, for how long?

 

 

BENEFICIARY INFORMATION (Required) To ensure spousal continuation, or if the spousal GLWB is elected, the Owner’s spouse must be the sole primary beneficiary.

 

Beneficiary — The Beneficiary receives the death benefit if the Owner dies. The death benefit goes to the Owner’s estate if a beneficiary is not named. Beneficiaries will share the death benefit equally, unless otherwise specified. Beneficiaries without specified percentages will share the balance of the death benefit equally. Percentages must be whole numbers, and must total 100%. If you do not elect a Beneficiary Type, the Beneficiary Type will be considered Primary.

 

 

Name—First, Middle, Last

Phone Number

Social Security Number/TIN

 

 

 

Address

City

State

Zip Code

 

 

 

 

Beneficiary Type:

o Primary o Contingent

Date of Birth

Relationship to Owner

Percentage (%)

 

ICC15-IL-28-31001

Last Updated: 4/24/15

 

1


 

BENEFICIARY INFORMATION (Continued)

 

 

 

 

 

 

 

Name—First, Middle, Last

Phone Number

Social Security Number/TIN

 

 

 

Address

City

State

Zip Code

 

 

 

 

Beneficiary Type:

Date of Birth

Relationship to Owner

Percentage (%)

o Primary o Contingent

 

 

 

 

 

 

 

 

 

Name—First, Middle, Last

Phone Number

Social Security Number/TIN

 

 

 

Address

City

State

Zip Code

 

 

 

 

Beneficiary Type:

Date of Birth

Relationship to Owner

Percentage (%)

o Primary o Contingent

 

 

 

 

 

 

 

 

 

Name—First, Middle, Last

Phone Number

Social Security Number/TIN

 

 

 

Address

City

State

Zip Code

 

 

 

 

Beneficiary Type:

Date of Birth

Relationship to Owner

Percentage (%)

o Primary o Contingent

 

 

 

 

 

TRANSFER OR REPLACEMENT INFORMATION (Required)

 

Do you currently have an existing annuity contract or life insurance policy? o Yes     o No

Does the purchase of this annuity change or replace any existing annuity contract or life insurance policy? o Yes     o No

 

CONTRACT TAX QUALIFICATION AND PREMIUM INFORMATION (Required)

 

How do you want Integrity to issue the contract? o Traditional IRA    o Roth IRA    o SEP IRA

 

Estimated Total Premium Amount $                       

 

Payment Type (Check all that apply)

 

 

 

 

 

o Qualified Transfer
(A Transfer is a direct transfer from a qualified plan to another qualified plan or an IRA to another IRA.)

o Rollover
(A Rollover is a withdrawal of funds from a qualified plan or IRA by the participant/owner and the reinvestment of those funds within 60 days into another qualified plan or IRA.)

o Contribution – If not indicated, defaults to current tax year.

$                     for Current Tax Year

 

$                     for Previous Tax Year

(not available for SEP IRAs)

 

 

 

Payment Source — Make checks payable to Integrity Life Insurance Company.

 

o Check     o Wire/Clearinghouse     o Qualified Transfer/Rollover(1)

 


(1) Complete the Authorization for Rollover or Transfer of Tax Qualified Funds form.

 

If a Wire Transfer is used to fund this contract, the following information is required: The account belongs to the owner/applicant and the money is being transferred from                           (name of Financial Institution) and originated from                      (state/country)

 

2


 

GUARANTEED LIFETIME WITHDRAWAL BENEFIT (GLWB) — Optional

 

This benefit is not available for all issue ages. Transfer and partial withdrawal restrictions apply. The cost of the GLWB is 0.65% annually for the Basic Allocation Strategy and 0.85% annually for the Self Style Allocation Strategy. Maximum charge for either strategy is 1.50%.

 

I would like to add the following GLWB to my annuity contract (choose one):

 

o Individual Rider — Based on the Owner/Annuitant only

 

o Spousal Rider — Based on the Owner/Annuitant and Spouse (fill out information below)

 

 

 

SPOUSE INFORMATION

 

 

 

 

 

Name—First, Middle, Last

Phone Number

Social Security Number/TIN

 

 

 

 

Address

o Same as Owner

City

State

Zip Code

 

 

 

 

Gender: o Male o Female

Date of Birth

 

 

 

 

Country of Citizenship

If you are not a United States citizen, are you a permanent resident? o Yes o No
If Yes, for how long?

 

If the GLWB is elected all funds must be 100% allocated to the following investment strategies. You may select only one of the following strategies. Any change within a strategy will initiate a 60-day waiting period (including from contract issue). Allocations within a strategy apply to current and future allocations as well as quarterly asset rebalancing. Withdrawals will be taken pro-rata across all investment options.

 

3


 

GLWB ALLOCATION — Check one of the Strategies

 

Systematic Transfer Option (STO) — OPTIONAL

 

Choose one:

o 6 Month STO, Monthly

12 Month STO   o Monthly   o Quarterly

 

If STO is elected, check one of the following:

 

o Allocate 100% of my initial premium to the STO. Allocations from the STO are indicated below.

o Allocate      % of my initial premium to the STO option selected above. Allocations from the STO are indicated below.

 

The remaining portion of your initial premium amount will be allocated according to the allocations indicated below.

 

o STRATEGY 1: BASIC ALLOCATION  — Choose a Model below or complete Strategy 2: Self-Style Allocation

 

o Model 1 — Growth

 

 

30% iShares® Core S&P 500 ETF

 

 5% Vanguard Developed Markets Index Fund,

10% iShares® Core S&P Mid-Cap ETF

 

       ETF Shares

5% iShares® Core S&P Small-Cap ETF

 

35% Vanguard Total Bond Market Index Fund

5% iShares® International Treasury Bond ETF

 

       ETF Shares

10% iShares® S&P 500 Growth ETF

 

 

 

 

 

o Model 2 — Blend

 

 

40% iShares® Core S&P 500 ETF

 

 5% Vanguard Developed Markets Index Fund,

10% iShares® Core S&P Mid-Cap ETF

 

       ETF Shares

5% iShares® Core S&P Small-Cap ETF

 

35% Vanguard Total Bond Market Index Fund

5% iShares® International Treasury Bond ETF

 

       ETF Shares

 

 

 

o Model 3 — Value

 

 

30% iShares® Core S&P 500 ETF

 

 5% Vanguard Developed Markets Index Fund,

10% iShares® Core S&P Mid-Cap ETF

 

       ETF Shares

5% iShares® Core S&P Small-Cap ETF

 

35% Vanguard Total Bond Market Index Fund

5% iShares® International Treasury Bond ETF

 

       ETF Shares

10% iShares® S&P 500 Value ETF

 

 

 

o STRATEGY 2: SELF-STYLE ALLOCATION — Please use whole percentage numbers

 

Core Fixed Income 35% to 65% of Total (must allocate at least 35% and no more than 65%)

 

 

 

 

 

 

 

 

 

iShares® Core U.S. Aggregate Bond ETF

 

%

 

Vanguard Total Bond Market Index Fund,

 

%

 

 

iShares® Intermediate Credit Bond ETF

 

%

 

ETF Shares

 

Total

 

%

 

 

 

 

 

 

 

 

 

Core Equity 35% to 65% of Total (must allocate at least 35% and no more than 65%)

 

+

 

 

 

iShares® Core S&P 500 ETF

 

%

 

Vanguard Large-Cap Index Fund,

 

%

 

 

Vanguard Dividend Appreciation Index Fund,

 

%

 

ETF Shares

 

 

 

 

ETF Shares

 

 

 

 

 

Total

 

%

 

 

 

 

 

 

 

 

 

Non-Core Fixed Income 0% to 30% of Total (maximum of 30% allocation)

 

+

 

 

 

iShares® iBoxx $ High Yield Corporate Bond ETF

 

%

 

Vanguard Short-Term Bond Index Fund,

 

%

 

 

iShares® TIPS Bond ETF

 

%

 

ETF Shares

 

 

 

 

Vanguard Intermediate-Term Corporate Bond

 

%

 

Vanguard Variable Insurance Fund Money

 

%

 

 

Index Fund, ETF Shares

 

 

 

Market Portfolio

 

Total

 

%

 

 

 

 

 

 

 

 

 

Non-Core Equity 0% to 30% of Total (maximum of 30% allocation)

 

+

 

 

 

iShares® Core S&P Mid-Cap ETF

 

%

 

iShares® S&P 500 Value ETF

 

%

 

 

iShares® Core S&P Small-Cap ETF

 

%

 

Vanguard Mega Cap Index Fund,

 

%

 

 

iShares® S&P 500 Growth ETF

 

%

 

ETF Shares

 

Total

 

%

 

 

 

 

 

 

 

 

 

International & Alternative 0% to 15% of Total (maximum of 15% allocation)

 

+

 

 

 

iShares® International Treasury Bond ETF

 

%

 

Vanguard Emerging Markets Stock Index

 

%

 

 

Vanguard Developed Markets Index Fund,

 

%

 

Fund, ETF Shares

 

 

 

 

ETF Shares

 

 

 

Vanguard REIT Index Fund, ETF Shares

 

%

 

 

 

 

 

 

 

 

Total

 

%

 

 

 

 

 

 

= 100%

 

4


 

INVESTMENT OPTION ALLOCATION (Do not complete if the GLWB was elected)

 

Systematic Transfer Option (STO) – OPTIONAL

 

Choose one:

o 6 Month STO, Monthly

12 Month STO   o Monthly   o Quarterly

 

If STO is elected, check one of the following:

 

o Allocate 100% of my initial premium to the STO. Allocations from the STO are indicated below.

o Allocate       % of my initial premium to the STO option selected above. Allocations from the STO are indicated below. 

 

The remaining portion of your initial premium amount will be allocated according to the allocations indicated below.

 

Please use whole percentage numbers

 

Contract Allocation

 

Equity Subaccounts

 

 

 

iShares® Core S&P 500 ETF

 

 

%

iShares® Core S&P Mid-Cap ETF

 

 

%

iShares® Core S&P Small-Cap ETF

 

 

%

iShares® S&P 500 Growth ETF

 

 

%

iShares® S&P 500 Value ETF

 

 

%

Vanguard Dividend Appreciation Index Fund, ETF Shares

 

 

%

Vanguard Large-Cap Index Fund, ETF Shares

 

 

%

Vanguard Mega Cap Index Fund, ETF Shares

 

 

%

 

 

 

 

Fixed Income Subaccounts

 

 

 

iShares® Core U.S. Aggregate Bond ETF

 

 

%

iShares® iBoxx $ High Yield Corporate Bond ETF

 

 

%

iShares® Intermediate Credit Bond ETF

 

 

%

iShares® TIPS Bond ETF

 

 

%

Vanguard Intermediate-Term Corporate Bond Index Fund, ETF Shares

 

 

%

Vanguard Short-Term Bond Index Fund, ETF Shares

 

 

%

Vanguard Total Bond Market Index Fund, ETF Shares

 

 

%

Vanguard Variable Insurance Fund Money Market Portfolio

 

 

%

 

 

 

 

International and Alternative Subaccounts

 

 

 

iShares® International Treasury Bond ETF

 

 

%

Vanguard Developed Markets Index Fund, ETF Shares

 

 

%

Vanguard Emerging Markets Stock Index Fund, ETF Shares

 

 

%

Vanguard REIT Index Fund, ETF Shares

 

 

%

 

 

= 100

%

 

SPOUSAL CONSENT, DISCLOSURE, CERTIFICATION AND OWNER’S SIGNATURE (Required)

 

SPOUSAL CONSENT — Required for contracts where owner resides in AZ, CA, ID, LA, NM, NV, TX, WA or WI, if the spouse is not named as the sole primary beneficiary on the contract.

 

If you are married and have designated any primary beneficiary(ies) other than your spouse, your spouse must consent by signing below. Please consult your tax advisor about the implications of this beneficiary designation.

 

I certify that I am the spouse of the named contract owner, and consent to my spouse designating the person(s) listed on previous pages as beneficiaries. I understand and acknowledge that as a result of this consent, I will not receive any benefits payable under this contract.

 

Spouse’s Name (printed)

 

Spouse’s Signature

 

Date

 

5


 

SPOUSAL CONSENT, DISCLOSURE, CERTIFICATION AND OWNER’S SIGNATURE (Continued)

 

Any person who knowingly presents a false statement in an application for insurance may be guilty of a criminal offense and subject to penalties under state law.

 

Money allocated to the subaccounts in this variable annuity are subject to investment risk, including possible loss of the principal amount invested. The values in the subaccounts may increase or decrease and the dollar amount is not guaranteed.

 

Under penalties of perjury, I certify that: (1) the number shown on this form is my correct taxpayer identification number, and (2) that I am not subject to backup withholding because (a) I am exempt from backup withholding or (b) I have not been notified by the Internal Revenue Service (IRS) that I am subject to backup withholding as a result of a failure to report all interest or dividends, or (c) the IRS has notified me that I am no longer subject to backup withholding, and (3) I am a US citizen or resident alien.

 

Note: You must cross out Item #2 of certification if you have been notified by the IRS that you are currently subject to backup withholding because of underreporting of interest or dividends on your tax returns.

 

I have read the statements and answers in all parts of this application and they are true and complete to the best of my knowledge and belief. I have received and read the prospectus for the product applied for. I also understand that the Integrity Life Insurance Company will have no liability until the contract is issued.

 

Signed at: State

 

 

 

 

 

 

 

 

 

Owner’s Signature

 

 

 

Date

 

 

 

 

 

Annuitant’s Signature (if different from Owner)

 

 

Date

 

6


 

SALES REPRESENTATIVE/LICENSED AGENT INFORMATION

 

Options:   o I     o II     o III     o IV

 

Does the applicant now have life insurance policies or annuity contracts with any company?    o Yes      o No

 

Will any existing insurance or annuity be replaced or changed (or has it been), assuming the contract applied for will be issued?   o Yes      o No

 

By the signature below, I certify that I have asked and recorded completely and accurately the answers to all questions on this application. I know of nothing affecting the risk that has not been recorded herein. I also certify that prior to signing this application, I delivered to the applicant the product prospectus, any proposal, outline of coverage, buyer’s guide, comparison and/or disclosure statement required by federal or state law to be delivered at the time of application.

 

Primary Representative

 

Name—First, Middle, Last (Print)

Phone

Agent ID Number

 

 

 

Firm Name

Fax Number

Email Address

 

 

 

Branch Address

City

State

Zip Code

 

 

 

 

Sales Representative/Licensed Agent’s Signature

Agent License ID Number

Percentage %

Date

 

 

 

Secondary Representative — if applicable

 

 

 

 

 

Name—First, Middle, Last (Print)

Phone

Agent ID Number

 

 

 

Firm Name

Fax Number

Email Address

 

 

 

Branch Address

City

State

Zip Code

 

 

 

 

Sales Representative/Licensed Agent’s Signature

Agent License ID Number

Percentage %

Date

 

 

 

 

Mail contract to:          o Sales Representative/Licensed Agent             o Owner

 

(Contracts mailed to sales representative/licensed agent must be delivered to the owner within five days of receipt.)

 

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