open quoteLast year, Jefferson National Life Insurance Co. in Dallas introduced a variable annuity that imposes no commissions or surrender fees, and charges a flat insurance fee of $20 a month regardless of the annuity's size. By comparison, the average variable annuity charges an insurance fee of about 1.38% according to investment researcher Morningstar, Inc. On a $100,000 contract, that is the difference between paying $240 a year or $1,380.
—Wall Street Journal, May 15, 2006.

FOR IMMEDIATE RELEASE

Jefferson National Contact:
Deborah Newman
Director Corporate Communications
212-220-5862
dnewman@jeffnat.com

Jefferson National Named Finalist in 2010 Stevie® Awards for Sales & Customer Service

Winners of 4th Annual Awards to be Announced February 22, 2010

New York, NY and Louisville, KY - January 25, 2010 - Jefferson National, known as the innovator of the industry's first flat-insurance fee variable annuity1, was named one of the Finalists for "Sales Department of the Year" in the Financial Services category of the fourth annual Stevie Awards for Sales & Customer Service.

More than 500 entries from organizations of all sizes and in virtually every industry were submitted to this year's competition. Among the leading firms represented this year are AT&T BusinessDirect, DHL Express, DISH Network and Marriott International. The complete list of Finalists in all categories is available at www.stevieawards.com/sales.

"I am very proud of the Jefferson National team for being named one of the Finalists for 'Sales Department of the Year' in the Stevie Awards," said Laurence Greenberg, President of Jefferson National Life Insurance Company. "It's an honor to be recognized as industry leaders for our innovative sales strategy—eliminating traditional wholesalers, building relationships through the phone, web and other cost-effective channels, driving sales with simple facts and unbiased information. With our efficient approach we can add superior value, help independent advisors build and manage their practice, and help their clients save more."

The awards are presented by the Stevie® Awards, which organizes several of the world's leading business awards including the prestigious American Business Awards. Finalists were chosen by business professionals worldwide during preliminary judging. Members of the Awards' Board of Distinguished Judges & Advisors will select Stevie Award Winners from among the Finalists during final judging, to take place January 25 - February 3. Winners will be announced on Monday, February 22.

"Being named a Finalist in the Stevie Awards for Sales & Customer Service is an important achievement," said Michael Gallagher, president of the Stevie Awards. "It means that independent business executives have agreed that the nominee is worthy of international recognition. We congratulate all of the Finalists on their achievement and wish them well in the competition."

Jefferson National's sales team responsible for the award-winning performance was led by David Lau, Chief Operating Officer of Jefferson National, and included Sales Director Ann Raible, and Territory Managers Eric Douglas, Amy Mattingly, and Hilary Spencer.

Jefferson National's recognition by the Stevie's is one of many honors earned in recent months. The company won two "Leader Awards" in the 2009 Summit Emerging Media Awards. Jefferson National also earned the 2009 MarCom Platinum Award, The Association of Marketing and Communication Professionals' highest honor, for its integrated advertising and marketing campaign, and the MarCom Gold Award for website copywriting. Jefferson National's website also won "Outstanding Achievement Award" in the Interactive Media Council's 2009 Interactive Media Awards, as well as "Outstanding Website" in the 13th Annual WebAward Competition sponsored by the Web Marketing Association.

About The Stevie Awards

Stevie Awards are conferred in four programs: The American Business Awards, The International Business Awards, The Stevie Awards for Women in Business, and The Stevie Awards for Sales & Customer Service. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about The Stevie Awards at www.stevieawards.com.

Sponsors of the 4th annual Stevie Awards for Sales & Customer Service include official publications Sales & Marketing Management (SMM) and Training magazines, as well as the Sales Association, SalesLabs, and ValueSelling Associates.

About Jefferson National Life Insurance Company

Jefferson National Life Insurance Company offers retirement products for fee-based advisors and the clients they serve. Jefferson National believes that simple, low-cost variable annuities should be considered for a part of every American's retirement portfolio, and we've made it our mission to help all Americans save more for retirement by launching Monument Advisor, the first variable annuity with a flat insurance fee. Jefferson National serves more than 50,000 customers nationwide, and is domiciled in Dallas, Texas with authority in 49 states and the District of Columbia. To reach our advisor support desk, please call 1-866-WHY-FLAT (1-866-949-3528). To learn more, please visit www.jeffnat.com.

1Jefferson National's Monument Advisor has a $20 monthly flat insurance fee with no transaction fees on more than 97% of underlying funds. Additional fees ranging from $19.99-$49.99 will be assessed for investors wishing to purchase shares of ultra low-cost funds. See the prospectus for details. Like other variable annuities, the customer pays fees of the underlying funds selected plus the fees of any advisor hired. The base contract does not provide an enhanced death benefit. An optional enhanced death benefit is available for an additional fee. Please see prospectus for details.

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Form #: JNL2010CL009 01/10

 

An investor should carefully consider the investment objectives, risks, charges and expenses of the investment before investing or sending money. For a prospectus containing this and additional information, please contact your financial professional. Read it carefully before investing. The summary of product features is not intended to be all-inclusive. Restrictions may apply. The contracts have exclusions and limitations, and may not be available in all states or at all times.

Variable annuities are investments subject to market fluctuation and risk, including possible loss of principal. Your units, when you make a withdrawal or surrender, may be worth more or less than your original investment.

Variable annuities are long-term investments to help you meet retirement and other long-range goals. Withdrawal of tax-deferred accumulations are subject to ordinary income tax. Withdrawals made prior to age 59 ½ may incur a 10% IRS tax penalty. Jefferson National does not offer tax advice. Annuities are not deposits or obligations of, or guaranteed by any bank, nor are they FDIC insured.

Monument Advisor is issued by Jefferson National Life Insurance Company (Dallas, TX) and distributed by Jefferson National Securities Corporation, FINRA member. Policy series JNL-2300-1, JNL-2300-2.

Form #: jef-pr-20061207