Legal Opinion Letter for Registration of Index-Linked Annuity Contracts by Jackson National Life Insurance Company

Summary

This letter, issued by Associate General Counsel Alison Samborn, provides a legal opinion to the Board of Directors of Jackson National Life Insurance Company regarding the company's authority to issue Individual Single Premium Deferred Registered Index-Linked Annuity contracts. The opinion confirms that the company is properly organized, has the legal authority to issue these contracts, and that such contracts will be binding obligations once issued and paid for. The letter is intended for use as an exhibit in the company's SEC registration filing.

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EX-4.5 11 jacksonmarketlinkproadvisob.htm EX-4.5 LEGAL OPINION Document



May 3, 2021

Board of Directors
Jackson National Life Insurance Company
1 Corporate Way
Lansing, MI 48951

Re:
Jackson National Life Insurance Company
File No. 333-249766

Directors:

You have requested our Opinion of Counsel in connection with the filing with the Securities and Exchange Commission of the Registration Statement on Form S-1 for the Individual Single Premium Deferred Registered Index-Linked Annuity (the "Contracts") to be issued by Jackson National Life Insurance Company.

We have made such examination of the law and have examined such records and documents as in our judgment are necessary or appropriate to enable us to render the opinions expressed below.

We are of the following opinions:

1.    Jackson National Life Insurance Company is duly organized and validly existing as an insurance company under the laws of the State of Michigan.

2.    Jackson National Life Insurance Company has the legal power and authority to create and issue the contracts.

3.     Upon the acceptance of premiums made by an Owner pursuant to a Contract issued in accordance with the Prospectus contained in the Registration Statement and upon compliance with applicable law, such an Owner will have a legally issued, fully paid, non-assessable contractual interest under such Contract, which will be a binding obligation of the Company.

You may use this opinion letter, or a copy thereof, as an exhibit to the Registration Statement.

Very truly yours,

/s/ ALISON SAMBORN

Alison Samborn
Associate General Counsel,
Legal Product Development