The POLICYHOLDER tab, click FORMS. POLICYHOLDER > FORMS
Use the supplied form from the FORMS page located under the POLICYHOLDER tab or call us to request the form. (Some updates can be made by phone.) POLICYHOLDER > FORMS
Premium notices are sent approximately 15 days before the premium due date and will be for a quarterly, semiannual or annual amount.
From the POLICYHOLDER tab, click on SIGN IN you can create an account to have 24/7 access to your policy information. https://sslco.admin-portal.org/
Use the supplied form from the FORMS page located under the POLICYHOLDER tab or call us to request the form. (Some updates can be made by phone.) POLICYHOLDER > FORMS
Premium notices are sent approximately 15 days before the premium due date and will be for a quarterly, semiannual or annual amount.
From the POLICYHOLDER tab, click on SIGN IN you can create an account to have 24/7 access to your policy information. https://sslco.admin-portal.org/
The POLICYHOLDER tab, click FORMS. POLICYHOLDER > FORMS
Premium notices are sent approximately 15 days before the premium due date and will be for a quarterly, semiannual or annual amount.
From the POLICYHOLDER tab, click on SIGN IN you can create an account to have 24/7 access to your policy information. https://sslco.admin-portal.org/
The POLICYHOLDER tab, click FORMS. POLICYHOLDER > FORMS
Use the supplied form from the FORMS page located under the POLICYHOLDER tab or call us to request the form. (Some updates can be made by phone.) POLICYHOLDER > FORMS
The Accumulation Protector PlusSM Annuity (APP) is a fixed indexed annuity designed to both accumulate wealth, and protect it against future market downturns. With access to its exclusive and flexible crediting strategies, the APP offers protection and growth potential in any market.*
*The Accumulation Protector PlusSM (APP) Annuity offers growth potential whether the market goes up, down, or remains the same.
The CS Momentum Index is a global multi-asset index that dynamically allocates across its components using a unique and flexible momentum-driven strategy with risk-adjusted weightings. The CS Momentum Index was designed to adapt to various market conditions and generate consistent returns over time.
The risk-monitored CS Momentum Index can create value for your annuity in all market types (rising, falling, or remaining the same) by taking long positions (buying) in components exhibiting the strongest trends and short positions (selling) in components with weaker trends.
Access to the CS Momentum Index is exclusive to buyers of the Accumulation Protector PlusSM Annuity. To learn more about this index, please read the CS Momentum Index brochure or visit: https://indices.credit-suisse.com/en/Description/id/CSEAMTM5.
The CS ESG Macro 5 Index, a global multi-asset index, applies an innovative strategy that combines environment, social and governance (ESG) equity components with macro components, while a risk control mechanism targets a 5% index volatility. The CS ESG Macro 5 Index uses a daily adjustment aimed at stabilizing performance and generating consistent returns over time.
With the ESG component, your annuity has exposure to a risk-weighted basket of four MSCI ESG Indices that focus on regional activities considered positive for the environment, society, that are not subject to controversy and that display the highest ESG scores as computed by MSCI.
The framework of the CS ESG Macro 5 Index uses diversification as an approach to create value for your annuity by seeking returns across various market environments while mitigating risk exposure.
Access to the CS ESG Macro 5 Index is exclusive to buyers of the Accumulation Protector PlusSM Annuity. To learn more about this index, please read the CS ESG Macro 5 Index brochure or visit: https://indices.credit-suisse.com/CSEAGESG
Whether the market goes up, down, or remains the same, your principal is guaranteed not to decrease* due to market performance and is protected through the APP’s Fixed and Indexed Accounts.
You do not lose money, including interest earned during previous crediting periods, if the index value drops because your money is allocated to the annuity itself rather than directly to the index (or indices).
*If Rate Enhancement Rider is purchased, principal will not decrease due to market performance but could decrease due to the rider fee.
You have the flexibility to choose how your single premium is allocated across eleven crediting strategies. These crediting strategies include a Fixed Account and ten Indexed Accounts linked to three indices, the CS Momentum Index, the CS ESG Macro 5 Index, and the S&P 500® Index. We know that your life and needs are ever evolving, and that is why you can adjust your allocations on the contract anniversary coinciding with the end of each strategy’s crediting period. At that time, you may allocate to any available strategy for a new crediting period of one, two or three years.
The crediting periods for the Accumulation Protector PlusSM Annuity’s crediting strategies range from one, two, or three years. The crediting strategies include a Fixed Rate account, Trigger Rate account, and several Point-to-Point with Participation Rate or Cap Rate accounts. A Point-to-Point strategy measures the difference in the index’s value on each contract anniversary, comparing it to the value of the index either a year earlier, two years earlier, or three years earlier, depending on the option you choose.
In the second contract year, the Accumulation Protector PlusSM Annuity allows you to withdraw up to 5% of your Account Value or your Required Minimum Distribution, whichever greater. With the purchase of the Rate Enhancement Rider, this 5% increases to 10%.
The Rate Enhancement Rider is a fantastic feature to add to your annuity if you want to take your accumulation power to the next level! This rider increases the amount available for free withdrawal from 5% to 10% of your annuity’s Account Value. Additionally, this rider gives you a better opportunity to earn more interest as it increases the Fixed, Participation, and Cap rates across your annuity’s crediting strategies. Increasing the Participation and Cap Rates offers potential to substantially benefit from the index’s upside, because your premium has access to a larger percentage of an index’s growth.
There is a fee with the purchase of the rider. Please refer to Our Products page for the current rates and fees.
The Accumulation Protector PlusSM Annuity offers a 110% Return of Premium (ROP) Guarantee if the Rate Enhancement Rider is purchased and the contract persists to year 10. The premium is adjusted for withdrawals.
In all states other than Florida, annuity payments may begin after the fifth contract year. In Florida, annuity payments may begin after the first contract year.
The Death Benefit Feature protects your beneficiary. For contracts issued in all states other than California, if you pass away before receiving any proceeds*, other than a Withdrawal, the amount payable to your beneficiary(ies) is equal to the greater of the Account Value less any Non-Vested Premium Bonus or the Minimum Guaranteed Surrender Value determined as of the date of death.
For contracts issued in the state of California, the death benefit payable to your beneficiary(ies) is equal to the greater of the Account Value or the Minimum Guaranteed Surrender Value determined as of the date of death.
No withdrawal charges apply to death benefits, and there are several settlement options available to your beneficiary if you pass away:
*Proceeds are defined as the amount payable when: (1) the Owner surrenders their Contract; (2) the Contract matures; or (3) a Settlement Option is elected through the Early Payout Feature.
Lifetime Income Only
With this option, the annuitant receives equal monthly payments for the rest of their lifetime. Payments will end with the payment due just before the annuitant’s death. No death benefit is payable with this option.
Period Certain Only
This settlement option guarantees equal monthly payments for a specified period, between 10 years and 20 years. After the fifth contract year, you may request a specific period, with guaranteed equal monthly payments, between 5 years and 20 years. If the annuitant dies before payments have been made for the specified period, the beneficiary will receive remaining payments for the specified period.
Lifetime Income with Guaranteed Period Certain
This settlement option provides equal monthly payments for the greater of the annuitant’s remaining lifetime or a specified period of time. If the annuitant dies after payments have been made for the specified period, payments end with the payment due just before the annuitant’s death.
If you are diagnosed with a terminal illness or need to move into a nursing home, you can make a full surrender or partial withdrawal with no Market Value Adjustment, Surrender Charge, or loss of any applicable Non-Vested Premium Bonus under certain conditions.*
*This feature is not available in the state of California.
The APP Annuity offers a diversified set of fixed and indexed crediting strategies with 1, 2 or 3 year periods that allow you and your advisor to choose the accounts and periods that most align with your goals. Additionally, you can adjust the allocations on the contract anniversary, coinciding with the end of the crediting period, to continue to meet your changing needs.
The highly flexible APP allows you to continue your annuity – even after the 10-year surrender period ends. You also have the option to withdraw a portion or all of your account value or apply a settlement option to receive annuity payments over time.
When you purchase the Accumulation Protector PlusSM Annuity you will receive a one-time premium bonus of 10%. The premium bonus is immediately credited to your account, increasing the value of your account and giving you the opportunity to earn additional interest. Your premium bonus and affiliated interest can be accessed subject to your vesting schedule. The vesting schedule applies for 10 contract years, in which the amount of vested premium bonus gradually increases from 0% to 100% vested.
The Accumulation Protector PlusSM Annuity can be a wonderful growth vehicle for those looking to accumulate wealth and protect their retirement income.
If the below sounds like you, the Accumulation Protector PlusSM Annuity may be the addition you have been searching for!
There is a fee with the purchase of the rider. Please refer to Our Products page for the current rates and fees.
Is the Accumulation Protector PlusSM Annuity Right for You?
The Accumulation Protector PlusSM Annuity (APP) is a fixed indexed annuity designed to both accumulate wealth, and protect it against future market downturns. With access to its exclusive and flexible crediting strategies, the APP offers protection and growth potential in any market.*
*The Accumulation Protector PlusSM (APP) Annuity offers growth potential whether the market goes up, down, or remains the same.
The APP Annuity is distinct in the industry because it gives contract holders exclusive access to two Credit Suisse Indices: The CS Momentum Index (Bloomberg: CSEAMTM5) and the CS ESG Macro 5 Index (Bloomberg: CSEAGESG). Both the CS Momentum Index and the CS ESG Macro 5 Index have unique 10 year guarantee of participation rates. The Participation Rates for the CS Momentum Index and the CS ESG Macro 5 Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies.*
The APP Annuity’s CS Momentum Index crediting strategies are distinctive in the insurance industry as they give contract holders the ability to accumulate wealth in both bull and bear markets. The risk-monitored CS Momentum Index diversifies its underlying components across equities, bonds and commodities in four global regions. Implementing a momentum-driven strategy, the CS Momentum Index takes long positions in components exhibiting the strongest trends and takes short positions in components with weaker trends. This investment approach, coupled with the stable framework of the APP Annuity, gives contract holders an opportunity to grow their premium during turbulent economic environments.
Additionally, the CS ESG Macro 5 Index was designed to provide consistent returns. The unique diversification framework of the CS ESG Macro 5 Index offers exposure to ESG components and macro components, across different regions and asset classes, in an attempt to mitigate risk and seek returns. The CS ESG Macro 5 Index also aims to maintain 5% volatility.
*The Participation Rates for the CS Momentum Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies, provided that Sentinel Security Life Insurance Company continues to have access to the CS Momentum Index. The Participation Rates for the CS ESG Macro 5 Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies, provided that Sentinel Security Life Insurance Company continues to have access to the CS ESG Macro 5 Index.
The CS ESG Macro 5 Index, a global multi-asset index, applies an innovative strategy that combines environment, social and governance (ESG) equity components with macro components, while a risk control mechanism targets a 5% index volatility. The CS ESG Macro 5 Index uses a daily adjustment aimed at stabilizing performance and generating consistent returns over time.
With the ESG component, your annuity has exposure to a risk-weighted basket of four MSCI ESG Indices that focus on regional activities considered positive for the environment, society, that are not subject to controversy and that display the highest ESG scores as computed by MSCI.
The framework of the CS ESG Macro 5 Index uses diversification as an approach to create value for your annuity by seeking returns across various market environments while mitigating risk exposure.
Access to the CS ESG Macro 5 Index is exclusive to buyers of the Accumulation Protector PlusSM Annuity. To learn more about this index, please read the CS ESG Macro 5 Index brochure or visit: https://indices.credit-suisse.com/CSEAGESG
Whether the market goes up, down, or remains the same, your principal is guaranteed not to decrease* due to market performance and is protected through the APP’s Fixed and Indexed Accounts.
You do not lose money, including interest earned during previous crediting periods, if the index value drops because your money is allocated to the annuity itself rather than directly to the index (or indices).
*If Rate Enhancement Rider is purchased, principal will not decrease due to market performance but could decrease due to the rider fee.
You have the flexibility to choose how your single premium is allocated across eleven crediting strategies. These crediting strategies include a Fixed Account and ten Indexed Accounts linked to three indices, the CS Momentum Index, the CS ESG Macro 5 Index, and the S&P 500® Index. We know that your life and needs are ever evolving, and that is why you can adjust your allocations on the contract anniversary coinciding with the end of each strategy’s crediting period. At that time, you may allocate to any available strategy for a new crediting period of one, two or three years.
The crediting periods for the Accumulation Protector PlusSM Annuity’s crediting strategies range from one, two, or three years. The crediting strategies include a Fixed Rate account, Trigger Rate account, and several Point-to-Point with Participation Rate or Cap Rate accounts. A Point-to-Point strategy measures the difference in the index’s value on each contract anniversary, comparing it to the value of the index either a year earlier, two years earlier, or three years earlier, depending on the option you choose.
In the second contract year, the Accumulation Protector PlusSM Annuity allows you to withdraw up to 5% of your Account Value or your Required Minimum Distribution, whichever greater. With the purchase of the Rate Enhancement Rider, this 5% increases to 10%.
The Rate Enhancement Rider is a fantastic feature to add to your annuity if you want to take your accumulation power to the next level! This rider increases the amount available for free withdrawal from 5% to 10% of your annuity’s Account Value. Additionally, this rider gives you a better opportunity to earn more interest as it increases the Fixed, Participation, and Cap rates across your annuity’s crediting strategies. Increasing the Participation and Cap Rates offers potential to substantially benefit from the index’s upside, because your premium has access to a larger percentage of an index’s growth.
There is a fee with the purchase of the rider. Please refer to Our Products page for the current rates and fees.
The Accumulation Protector PlusSM Annuity offers a 110% Return of Premium (ROP) Guarantee if the Rate Enhancement Rider is purchased and the contract persists to year 10. The premium is adjusted for withdrawals.
In all states other than Florida, annuity payments may begin after the fifth contract year. In Florida, annuity payments may begin after the first contract year.
The Death Benefit Feature protects your beneficiary. For contracts issued in all states other than California, if you pass away before receiving any proceeds*, other than a Withdrawal, the amount payable to your beneficiary(ies) is equal to the greater of the Account Value less any Non-Vested Premium Bonus or the Minimum Guaranteed Surrender Value determined as of the date of death.
For contracts issued in the state of California, the death benefit payable to your beneficiary(ies) is equal to the greater of the Account Value or the Minimum Guaranteed Surrender Value determined as of the date of death.
No withdrawal charges apply to death benefits, and there are several settlement options available to your beneficiary if you pass away:
*Proceeds are defined as the amount payable when: (1) the Owner surrenders their Contract; (2) the Contract matures; or (3) a Settlement Option is elected through the Early Payout Feature.
Lifetime Income Only
With this option, the annuitant receives equal monthly payments for the rest of their lifetime. Payments will end with the payment due just before the annuitant’s death. No death benefit is payable with this option.
Period Certain Only
This settlement option guarantees equal monthly payments for a specified period, between 10 years and 20 years. After the fifth contract year, you may request a specific period, with guaranteed equal monthly payments, between 5 years and 20 years. If the annuitant dies before payments have been made for the specified period, the beneficiary will receive remaining payments for the specified period.
Lifetime Income with Guaranteed Period Certain
This settlement option provides equal monthly payments for the greater of the annuitant’s remaining lifetime or a specified period of time. If the annuitant dies after payments have been made for the specified period, payments end with the payment due just before the annuitant’s death.
If you are diagnosed with a terminal illness or need to move into a nursing home, you can make a full surrender or partial withdrawal with no Market Value Adjustment, Surrender Charge, or loss of any applicable Non-Vested Premium Bonus under certain conditions.*
*This feature is not available in the state of California.
The highly flexible APP allows you to continue your annuity – even after the 10-year surrender period ends. You also have the option to withdraw a portion or all of your account value or apply a settlement option to receive annuity payments over time.
When you purchase the Accumulation Protector PlusSM Annuity you will receive a one-time premium bonus of 10%. The premium bonus is immediately credited to your account, increasing the value of your account and giving you the opportunity to earn additional interest. Your premium bonus and affiliated interest can be accessed subject to your vesting schedule. The vesting schedule applies for 10 contract years, in which the amount of vested premium bonus gradually increases from 0% to 100% vested.
The Accumulation Protector PlusSM Annuity can be a wonderful growth vehicle for those looking to accumulate wealth and protect their retirement income.
If the below sounds like you, the Accumulation Protector PlusSM Annuity may be the addition you have been searching for!
There is a fee with the purchase of the rider. Please refer to Our Products page for the current rates and fees.
Is the Accumulation Protector PlusSM Annuity Right for You?
The Accumulation Protector PlusSM Annuity (APP) is a fixed indexed annuity designed to both accumulate wealth, and protect it against future market downturns. With access to its exclusive and flexible crediting strategies, the APP offers protection and growth potential in any market.*
*The Accumulation Protector PlusSM (APP) Annuity offers growth potential whether the market goes up, down, or remains the same.
The APP Annuity is distinct in the industry because it gives contract holders exclusive access to two Credit Suisse Indices: The CS Momentum Index(Bloomberg: CSEAMTM5) and the CS ESG Macro 5 Index (Bloomberg: CSEAGESG). Both the CS Momentum Indexand the CS ESG Macro 5 Index have unique 10 year guarantee of participation rates. The Participation Rates for the CS Momentum Indexand the CS ESG Macro 5 Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies.*
The APP Annuity’s CS Momentum Indexcrediting strategies are distinctive in the insurance industry as they give contract holders the ability to accumulate wealth in both bull and bear markets. The risk-monitored CS Momentum Indexdiversifies its underlying components across equities, bonds and commodities in four global regions. Implementing a momentum-driven strategy, the CS Momentum Indextakes long positions in components exhibiting the strongest trends and takes short positions in components with weaker trends. This investment approach, coupled with the stable framework of the APP Annuity, gives contract holders an opportunity to grow their premium during turbulent economic environments.
Additionally, the CS ESG Macro 5 Index was designed to provide consistent returns. The unique diversification framework of the CS ESG Macro 5 Index offers exposure to ESG components and macro components, across different regions and asset classes, in an attempt to mitigate risk and seek returns. The CS ESG Macro 5 Index also aims to maintain 5% volatility.
*The Participation Rates for the CS Momentum Indexare guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies, provided that Sentinel Security Life Insurance Company continues to have access to the CS Momentum Index Index. The Participation Rates for the CS ESG Macro 5 Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies, provided that Sentinel Security Life Insurance Company continues to have access to the CS ESG Macro 5 Index.
The CS Momentum Indexis a global multi-asset index that dynamically allocates across its components using a unique and flexible momentum-driven strategy with risk-adjusted weightings. The CS Momentum Indexwas designed to adapt to various market conditions and generate consistent returns over time.
The risk-monitored CS Momentum Indexcan create value for your annuity in all market types (rising, falling, or remaining the same) by taking long positions (buying) in components exhibiting the strongest trends and short positions (selling) in components with weaker trends.
Access to the CS Momentum Indexis exclusive to buyers of the Accumulation Protector PlusSM Annuity. To learn more about this index, please read the CS Momentum Indexbrochure or visit: https://indices.credit-suisse.com/en/Description/id/CSEAMTM5.
Whether the market goes up, down, or remains the same, your principal is guaranteed not to decrease* due to market performance and is protected through the APP’s Fixed and Indexed Accounts.
You do not lose money, including interest earned during previous crediting periods, if the index value drops because your money is allocated to the annuity itself rather than directly to the index (or indices).
*If Rate Enhancement Rider is purchased, principal will not decrease due to market performance but could decrease due to the rider fee.
You have the flexibility to choose how your single premium is allocated across eleven crediting strategies. These crediting strategies include a Fixed Account and ten Indexed Accounts linked to three indices, the CS Momentum Index Index, the CS ESG Macro 5 Index, and the S&P 500® Index. We know that your life and needs are ever evolving, and that is why you can adjust your allocations on the contract anniversary coinciding with the end of each strategy’s crediting period. At that time, you may allocate to any available strategy for a new crediting period of one, two or three years.
The crediting periods for the Accumulation Protector PlusSM Annuity’s crediting strategies range from one, two, or three years. The crediting strategies include a Fixed Rate account, Trigger Rate account, and several Point-to-Point with Participation Rate or Cap Rate accounts. A Point-to-Point strategy measures the difference in the index’s value on each contract anniversary, comparing it to the value of the index either a year earlier, two years earlier, or three years earlier, depending on the option you choose.
In the second contract year, the Accumulation Protector PlusSM Annuity allows you to withdraw up to 5% of your Account Value or your Required Minimum Distribution, whichever greater. With the purchase of the Rate Enhancement Rider, this 5% increases to 10%.
The Rate Enhancement Rider is a fantastic feature to add to your annuity if you want to take your accumulation power to the next level! This rider increases the amount available for free withdrawal from 5% to 10% of your annuity’s Account Value. Additionally, this rider gives you a better opportunity to earn more interest as it increases the Fixed, Participation, and Cap rates across your annuity’s crediting strategies. Increasing the Participation and Cap Rates offers potential to substantially benefit from the index’s upside, because your premium has access to a larger percentage of an index’s growth.
There is a fee with the purchase of the rider. Please refer to Our Products page for the current rates and fees.
The Accumulation Protector PlusSM Annuity offers a 110% Return of Premium (ROP) Guarantee if the Rate Enhancement Rider is purchased and the contract persists to year 10. The premium is adjusted for withdrawals.
In all states other than Florida, annuity payments may begin after the fifth contract year. In Florida, annuity payments may begin after the first contract year.
The Death Benefit Feature protects your beneficiary. For contracts issued in all states other than California, if you pass away before receiving any proceeds*, other than a Withdrawal, the amount payable to your beneficiary(ies) is equal to the greater of the Account Value less any Non-Vested Premium Bonus or the Minimum Guaranteed Surrender Value determined as of the date of death.
For contracts issued in the state of California, the death benefit payable to your beneficiary(ies) is equal to the greater of the Account Value or the Minimum Guaranteed Surrender Value determined as of the date of death.
No withdrawal charges apply to death benefits, and there are several settlement options available to your beneficiary if you pass away:
*Proceeds are defined as the amount payable when: (1) the Owner surrenders their Contract; (2) the Contract matures; or (3) a Settlement Option is elected through the Early Payout Feature.
Lifetime Income Only
With this option, the annuitant receives equal monthly payments for the rest of their lifetime. Payments will end with the payment due just before the annuitant’s death. No death benefit is payable with this option.
Period Certain Only
This settlement option guarantees equal monthly payments for a specified period, between 10 years and 20 years. After the fifth contract year, you may request a specific period, with guaranteed equal monthly payments, between 5 years and 20 years. If the annuitant dies before payments have been made for the specified period, the beneficiary will receive remaining payments for the specified period.
Lifetime Income with Guaranteed Period Certain
This settlement option provides equal monthly payments for the greater of the annuitant’s remaining lifetime or a specified period of time. If the annuitant dies after payments have been made for the specified period, payments end with the payment due just before the annuitant’s death.
If you are diagnosed with a terminal illness or need to move into a nursing home, you can make a full surrender or partial withdrawal with no Market Value Adjustment, Surrender Charge, or loss of any applicable Non-Vested Premium Bonus under certain conditions.*
*This feature is not available in the state of California.
The APP Annuity offers a diversified set of fixed and indexed crediting strategies with 1, 2 or 3 year periods that allow you and your advisor to choose the accounts and periods that most align with your goals. Additionally, you can adjust the allocations on the contract anniversary, coinciding with the end of the crediting period, to continue to meet your changing needs.
The highly flexible APP allows you to continue your annuity – even after the 10-year surrender period ends. You also have the option to withdraw a portion or all of your account value or apply a settlement option to receive annuity payments over time.
When you purchase the Accumulation Protector PlusSM Annuity you will receive a one-time premium bonus of 10%. The premium bonus is immediately credited to your account, increasing the value of your account and giving you the opportunity to earn additional interest. Your premium bonus and affiliated interest can be accessed subject to your vesting schedule. The vesting schedule applies for 10 contract years, in which the amount of vested premium bonus gradually increases from 0% to 100% vested.
The Accumulation Protector PlusSM Annuity can be a wonderful growth vehicle for those looking to accumulate wealth and protect their retirement income.
If the below sounds like you, the Accumulation Protector PlusSM Annuity may be the addition you have been searching for!
There is a fee with the purchase of the rider. Please refer to Our Products page for the current rates and fees.
Is the Accumulation Protector PlusSM Annuity Right for You?
The Accumulation Protector PlusSM Annuity (APP) is a fixed indexed annuity designed to both accumulate wealth, and protect it against future market downturns. With access to its exclusive and flexible crediting strategies, the APP offers protection and growth potential in any market.*
*The Accumulation Protector PlusSM (APP) Annuity offers growth potential whether the market goes up, down, or remains the same.
The APP Annuity is distinct in the industry because it gives contract holders exclusive access to two Credit Suisse Indices: The CS Momentum Index (Bloomberg: CSEAMTM5) and the CS ESG Macro 5 Index (Bloomberg: CSEAGESG). Both the CS Momentum Index and the CS ESG Macro 5 Index have unique 10 year guarantee of participation rates. The Participation Rates for the CS Momentum Index and the CS ESG Macro 5 Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies.*
The APP Annuity’s CS Momentum Index crediting strategies are distinctive in the insurance industry as they give contract holders the ability to accumulate wealth in both bull and bear markets. The risk-monitored CS Momentum Index diversifies its underlying components across equities, bonds and commodities in four global regions. Implementing a momentum-driven strategy, the CS Momentum Index takes long positions in components exhibiting the strongest trends and takes short positions in components with weaker trends. This investment approach, coupled with the stable framework of the APP Annuity, gives contract holders an opportunity to grow their premium during turbulent economic environments.
Additionally, the CS ESG Macro 5 Index was designed to provide consistent returns. The unique diversification framework of the CS ESG Macro 5 Index offers exposure to ESG components and macro components, across different regions and asset classes, in an attempt to mitigate risk and seek returns. The CS ESG Macro 5 Index also aims to maintain 5% volatility.
*The Participation Rates for the CS Momentum Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies, provided that Sentinel Security Life Insurance Company continues to have access to the CS Momentum Index. The Participation Rates for the CS ESG Macro 5 Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies, provided that Sentinel Security Life Insurance Company continues to have access to the CS ESG Macro 5 Index.
The CS Momentum Index is a global multi-asset index that dynamically allocates across its components using a unique and flexible momentum-driven strategy with risk-adjusted weightings. The CS Momentum Index was designed to adapt to various market conditions and generate consistent returns over time.
The risk-monitored CS Momentum Index can create value for your annuity in all market types (rising, falling, or remaining the same) by taking long positions (buying) in components exhibiting the strongest trends and short positions (selling) in components with weaker trends.
Access to the CS Momentum Index is exclusive to buyers of the Accumulation Protector PlusSM Annuity. To learn more about this index, please read the CS Momentum Index brochure or visit: https://indices.credit-suisse.com/en/Description/id/CSEAMTM5.
The CS ESG Macro 5 Index, a global multi-asset index, applies an innovative strategy that combines environment, social and governance (ESG) equity components with macro components, while a risk control mechanism targets a 5% index volatility. The CS ESG Macro 5 Index uses a daily adjustment aimed at stabilizing performance and generating consistent returns over time.
With the ESG component, your annuity has exposure to a risk-weighted basket of four MSCI ESG Indices that focus on regional activities considered positive for the environment, society, that are not subject to controversy and that display the highest ESG scores as computed by MSCI.
The framework of the CS ESG Macro 5 Index uses diversification as an approach to create value for your annuity by seeking returns across various market environments while mitigating risk exposure.
Access to the CS ESG Macro 5 Index is exclusive to buyers of the Accumulation Protector PlusSM Annuity. To learn more about this index, please read the CS ESG Macro 5 Index brochure or visit: https://indices.credit-suisse.com/CSEAGESG
You have the flexibility to choose how your single premium is allocated across eleven crediting strategies. These crediting strategies include a Fixed Account and ten Indexed Accounts linked to three indices, the CS Momentum Index, the CS ESG Macro 5 Index, and the S&P 500® Index. We know that your life and needs are ever evolving, and that is why you can adjust your allocations on the contract anniversary coinciding with the end of each strategy’s crediting period. At that time, you may allocate to any available strategy for a new crediting period of one, two or three years.
The crediting periods for the Accumulation Protector PlusSM Annuity’s crediting strategies range from one, two, or three years. The crediting strategies include a Fixed Rate account, Trigger Rate account, and several Point-to-Point with Participation Rate or Cap Rate accounts. A Point-to-Point strategy measures the difference in the index’s value on each contract anniversary, comparing it to the value of the index either a year earlier, two years earlier, or three years earlier, depending on the option you choose.
In the second contract year, the Accumulation Protector PlusSM Annuity allows you to withdraw up to 5% of your Account Value or your Required Minimum Distribution, whichever greater. With the purchase of the Rate Enhancement Rider, this 5% increases to 10%.
The Rate Enhancement Rider is a fantastic feature to add to your annuity if you want to take your accumulation power to the next level! This rider increases the amount available for free withdrawal from 5% to 10% of your annuity’s Account Value. Additionally, this rider gives you a better opportunity to earn more interest as it increases the Fixed, Participation, and Cap rates across your annuity’s crediting strategies. Increasing the Participation and Cap Rates offers potential to substantially benefit from the index’s upside, because your premium has access to a larger percentage of an index’s growth.
There is a fee with the purchase of the rider. Please refer to Our Products page for the current rates and fees.
The Accumulation Protector PlusSM Annuity offers a 110% Return of Premium (ROP) Guarantee if the Rate Enhancement Rider is purchased and the contract persists to year 10. The premium is adjusted for withdrawals.
In all states other than Florida, annuity payments may begin after the fifth contract year. In Florida, annuity payments may begin after the first contract year.
The Death Benefit Feature protects your beneficiary. For contracts issued in all states other than California, if you pass away before receiving any proceeds*, other than a Withdrawal, the amount payable to your beneficiary(ies) is equal to the greater of the Account Value less any Non-Vested Premium Bonus or the Minimum Guaranteed Surrender Value determined as of the date of death.
For contracts issued in the state of California, the death benefit payable to your beneficiary(ies) is equal to the greater of the Account Value or the Minimum Guaranteed Surrender Value determined as of the date of death.
No withdrawal charges apply to death benefits, and there are several settlement options available to your beneficiary if you pass away:
*Proceeds are defined as the amount payable when: (1) the Owner surrenders their Contract; (2) the Contract matures; or (3) a Settlement Option is elected through the Early Payout Feature.
Lifetime Income Only
With this option, the annuitant receives equal monthly payments for the rest of their lifetime. Payments will end with the payment due just before the annuitant’s death. No death benefit is payable with this option.
Period Certain Only
This settlement option guarantees equal monthly payments for a specified period, between 10 years and 20 years. After the fifth contract year, you may request a specific period, with guaranteed equal monthly payments, between 5 years and 20 years. If the annuitant dies before payments have been made for the specified period, the beneficiary will receive remaining payments for the specified period.
Lifetime Income with Guaranteed Period Certain
This settlement option provides equal monthly payments for the greater of the annuitant’s remaining lifetime or a specified period of time. If the annuitant dies after payments have been made for the specified period, payments end with the payment due just before the annuitant’s death.
If you are diagnosed with a terminal illness or need to move into a nursing home, you can make a full surrender or partial withdrawal with no Market Value Adjustment, Surrender Charge, or loss of any applicable Non-Vested Premium Bonus under certain conditions.*
*This feature is not available in the state of California.
The APP Annuity offers a diversified set of fixed and indexed crediting strategies with 1, 2 or 3 year periods that allow you and your advisor to choose the accounts and periods that most align with your goals. Additionally, you can adjust the allocations on the contract anniversary, coinciding with the end of the crediting period, to continue to meet your changing needs.
The highly flexible APP allows you to continue your annuity – even after the 10-year surrender period ends. You also have the option to withdraw a portion or all of your account value or apply a settlement option to receive annuity payments over time.
When you purchase the Accumulation Protector PlusSM Annuity you will receive a one-time premium bonus of 10%. The premium bonus is immediately credited to your account, increasing the value of your account and giving you the opportunity to earn additional interest. Your premium bonus and affiliated interest can be accessed subject to your vesting schedule. The vesting schedule applies for 10 contract years, in which the amount of vested premium bonus gradually increases from 0% to 100% vested.
The Accumulation Protector PlusSM Annuity can be a wonderful growth vehicle for those looking to accumulate wealth and protect their retirement income.
If the below sounds like you, the Accumulation Protector PlusSM Annuity may be the addition you have been searching for!
There is a fee with the purchase of the rider. Please refer to Our Products page for the current rates and fees.
Is the Accumulation Protector PlusSM Annuity Right for You?
The Accumulation Protector PlusSM Annuity (APP) is a fixed indexed annuity designed to both accumulate wealth, and protect it against future market downturns. With access to its exclusive and flexible crediting strategies, the APP offers protection and growth potential in any market.*
*The Accumulation Protector PlusSM (APP) Annuity offers growth potential whether the market goes up, down, or remains the same.
The APP Annuity is distinct in the industry because it gives contract holders exclusive access to two Credit Suisse Indices: The CS Momentum Index (Bloomberg: CSEAMTM5) and the CS ESG Macro 5 Index (Bloomberg: CSEAGESG). Both the CS Momentum Index and the CS ESG Macro 5 Index have unique 10 year guarantee of participation rates. The Participation Rates for the CS Momentum Index and the CS ESG Macro 5 Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies.*
The APP Annuity’s CS Momentum Index crediting strategies are distinctive in the insurance industry as they give contract holders the ability to accumulate wealth in both bull and bear markets. The risk-monitored CS Momentum Index diversifies its underlying components across equities, bonds and commodities in four global regions. Implementing a momentum-driven strategy, the CS Momentum Index takes long positions in components exhibiting the strongest trends and takes short positions in components with weaker trends. This investment approach, coupled with the stable framework of the APP Annuity, gives contract holders an opportunity to grow their premium during turbulent economic environments.
Additionally, the CS ESG Macro 5 Index was designed to provide consistent returns. The unique diversification framework of the CS ESG Macro 5 Index offers exposure to ESG components and macro components, across different regions and asset classes, in an attempt to mitigate risk and seek returns. The CS ESG Macro 5 Index also aims to maintain 5% volatility.
*The Participation Rates for the CS Momentum Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies, provided that Sentinel Security Life Insurance Company continues to have access to the CS Momentum Index. The Participation Rates for the CS ESG Macro 5 Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies, provided that Sentinel Security Life Insurance Company continues to have access to the CS ESG Macro 5 Index.
The CS Momentum Index is a global multi-asset index that dynamically allocates across its components using a unique and flexible momentum-driven strategy with risk-adjusted weightings. The CS Momentum Index was designed to adapt to various market conditions and generate consistent returns over time.
The risk-monitored CS Momentum Index can create value for your annuity in all market types (rising, falling, or remaining the same) by taking long positions (buying) in components exhibiting the strongest trends and short positions (selling) in components with weaker trends.
Access to the CS Momentum Index is exclusive to buyers of the Accumulation Protector PlusSM Annuity. To learn more about this index, please read the CS Momentum Index brochure or visit: https://indices.credit-suisse.com/en/Description/id/CSEAMTM5.
The CS ESG Macro 5 Index, a global multi-asset index, applies an innovative strategy that combines environment, social and governance (ESG) equity components with macro components, while a risk control mechanism targets a 5% index volatility. The CS ESG Macro 5 Index uses a daily adjustment aimed at stabilizing performance and generating consistent returns over time.
With the ESG component, your annuity has exposure to a risk-weighted basket of four MSCI ESG Indices that focus on regional activities considered positive for the environment, society, that are not subject to controversy and that display the highest ESG scores as computed by MSCI.
The framework of the CS ESG Macro 5 Index uses diversification as an approach to create value for your annuity by seeking returns across various market environments while mitigating risk exposure.
Access to the CS ESG Macro 5 Index is exclusive to buyers of the Accumulation Protector PlusSM Annuity. To learn more about this index, please read the CS ESG Macro 5 Index brochure or visit: https://indices.credit-suisse.com/CSEAGESG
Whether the market goes up, down, or remains the same, your principal is guaranteed not to decrease* due to market performance and is protected through the APP’s Fixed and Indexed Accounts.
You do not lose money, including interest earned during previous crediting periods, if the index value drops because your money is allocated to the annuity itself rather than directly to the index (or indices).
*If Rate Enhancement Rider is purchased, principal will not decrease due to market performance but could decrease due to the rider fee.
In the second contract year, the Accumulation Protector PlusSM Annuity allows you to withdraw up to 5% of your Account Value or your Required Minimum Distribution, whichever greater. With the purchase of the Rate Enhancement Rider, this 5% increases to 10%.
The Rate Enhancement Rider is a fantastic feature to add to your annuity if you want to take your accumulation power to the next level! This rider increases the amount available for free withdrawal from 5% to 10% of your annuity’s Account Value. Additionally, this rider gives you a better opportunity to earn more interest as it increases the Fixed, Participation, and Cap rates across your annuity’s crediting strategies. Increasing the Participation and Cap Rates offers potential to substantially benefit from the index’s upside, because your premium has access to a larger percentage of an index’s growth.
There is a fee with the purchase of the rider. Please refer to Our Products page for the current rates and fees.
The Accumulation Protector PlusSM Annuity offers a 110% Return of Premium (ROP) Guarantee if the Rate Enhancement Rider is purchased and the contract persists to year 10. The premium is adjusted for withdrawals.
In all states other than Florida, annuity payments may begin after the fifth contract year. In Florida, annuity payments may begin after the first contract year.
The Death Benefit Feature protects your beneficiary. For contracts issued in all states other than California, if you pass away before receiving any proceeds*, other than a Withdrawal, the amount payable to your beneficiary(ies) is equal to the greater of the Account Value less any Non-Vested Premium Bonus or the Minimum Guaranteed Surrender Value determined as of the date of death.
For contracts issued in the state of California, the death benefit payable to your beneficiary(ies) is equal to the greater of the Account Value or the Minimum Guaranteed Surrender Value determined as of the date of death.
No withdrawal charges apply to death benefits, and there are several settlement options available to your beneficiary if you pass away:
*Proceeds are defined as the amount payable when: (1) the Owner surrenders their Contract; (2) the Contract matures; or (3) a Settlement Option is elected through the Early Payout Feature.
Lifetime Income Only
With this option, the annuitant receives equal monthly payments for the rest of their lifetime. Payments will end with the payment due just before the annuitant’s death. No death benefit is payable with this option.
Period Certain Only
This settlement option guarantees equal monthly payments for a specified period, between 10 years and 20 years. After the fifth contract year, you may request a specific period, with guaranteed equal monthly payments, between 5 years and 20 years. If the annuitant dies before payments have been made for the specified period, the beneficiary will receive remaining payments for the specified period.
Lifetime Income with Guaranteed Period Certain
This settlement option provides equal monthly payments for the greater of the annuitant’s remaining lifetime or a specified period of time. If the annuitant dies after payments have been made for the specified period, payments end with the payment due just before the annuitant’s death.
If you are diagnosed with a terminal illness or need to move into a nursing home, you can make a full surrender or partial withdrawal with no Market Value Adjustment, Surrender Charge, or loss of any applicable Non-Vested Premium Bonus under certain conditions.*
*This feature is not available in the state of California.
The APP Annuity offers a diversified set of fixed and indexed crediting strategies with 1, 2 or 3 year periods that allow you and your advisor to choose the accounts and periods that most align with your goals. Additionally, you can adjust the allocations on the contract anniversary, coinciding with the end of the crediting period, to continue to meet your changing needs.
The highly flexible APP allows you to continue your annuity – even after the 10-year surrender period ends. You also have the option to withdraw a portion or all of your account value or apply a settlement option to receive annuity payments over time.
When you purchase the Accumulation Protector PlusSM Annuity you will receive a one-time premium bonus of 10%. The premium bonus is immediately credited to your account, increasing the value of your account and giving you the opportunity to earn additional interest. Your premium bonus and affiliated interest can be accessed subject to your vesting schedule. The vesting schedule applies for 10 contract years, in which the amount of vested premium bonus gradually increases from 0% to 100% vested.
The Accumulation Protector PlusSM Annuity can be a wonderful growth vehicle for those looking to accumulate wealth and protect their retirement income.
If the below sounds like you, the Accumulation Protector PlusSM Annuity may be the addition you have been searching for!
There is a fee with the purchase of the rider. Please refer to Our Products page for the current rates and fees.
Is the Accumulation Protector PlusSM Annuity Right for You?
The Accumulation Protector PlusSM Annuity (APP) is a fixed indexed annuity designed to both accumulate wealth, and protect it against future market downturns. With access to its exclusive and flexible crediting strategies, the APP offers protection and growth potential in any market.*
*The Accumulation Protector PlusSM (APP) Annuity offers growth potential whether the market goes up, down, or remains the same.
The APP Annuity is distinct in the industry because it gives contract holders exclusive access to two Credit Suisse Indices: The CS Momentum Index (Bloomberg: CSEAMTM5) and the CS ESG Macro 5 Index (Bloomberg: CSEAGESG). Both the CS Momentum Index and the CS ESG Macro 5 Index have unique 10 year guarantee of participation rates. The Participation Rates for the CS Momentum Index and the CS ESG Macro 5 Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies.*
The APP Annuity’s CS Momentum Index crediting strategies are distinctive in the insurance industry as they give contract holders the ability to accumulate wealth in both bull and bear markets. The risk-monitored CS Momentum Index diversifies its underlying components across equities, bonds and commodities in four global regions. Implementing a momentum-driven strategy, the CS Momentum Index takes long positions in components exhibiting the strongest trends and takes short positions in components with weaker trends. This investment approach, coupled with the stable framework of the APP Annuity, gives contract holders an opportunity to grow their premium during turbulent economic environments.
Additionally, the CS ESG Macro 5 Index was designed to provide consistent returns. The unique diversification framework of the CS ESG Macro 5 Index offers exposure to ESG components and macro components, across different regions and asset classes, in an attempt to mitigate risk and seek returns. The CS ESG Macro 5 Index also aims to maintain 5% volatility.
*The Participation Rates for the CS Momentum Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies, provided that Sentinel Security Life Insurance Company continues to have access to the CS Momentum Index. The Participation Rates for the CS ESG Macro 5 Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies, provided that Sentinel Security Life Insurance Company continues to have access to the CS ESG Macro 5 Index.
The CS Momentum Index is a global multi-asset index that dynamically allocates across its components using a unique and flexible momentum-driven strategy with risk-adjusted weightings. The CS Momentum Index was designed to adapt to various market conditions and generate consistent returns over time.
The risk-monitored CS Momentum Index can create value for your annuity in all market types (rising, falling, or remaining the same) by taking long positions (buying) in components exhibiting the strongest trends and short positions (selling) in components with weaker trends.
Access to the CS Momentum Index is exclusive to buyers of the Accumulation Protector PlusSM Annuity. To learn more about this index, please read the CS Momentum Index brochure or visit: https://indices.credit-suisse.com/en/Description/id/CSEAMTM5.
The CS ESG Macro 5 Index, a global multi-asset index, applies an innovative strategy that combines environment, social and governance (ESG) equity components with macro components, while a risk control mechanism targets a 5% index volatility. The CS ESG Macro 5 Index uses a daily adjustment aimed at stabilizing performance and generating consistent returns over time.
With the ESG component, your annuity has exposure to a risk-weighted basket of four MSCI ESG Indices that focus on regional activities considered positive for the environment, society, that are not subject to controversy and that display the highest ESG scores as computed by MSCI.
The framework of the CS ESG Macro 5 Index uses diversification as an approach to create value for your annuity by seeking returns across various market environments while mitigating risk exposure.
Access to the CS ESG Macro 5 Index is exclusive to buyers of the Accumulation Protector PlusSM Annuity. To learn more about this index, please read the CS ESG Macro 5 Index brochure or visit: https://indices.credit-suisse.com/CSEAGESG
Whether the market goes up, down, or remains the same, your principal is guaranteed not to decrease* due to market performance and is protected through the APP’s Fixed and Indexed Accounts.
You do not lose money, including interest earned during previous crediting periods, if the index value drops because your money is allocated to the annuity itself rather than directly to the index (or indices).
*If Rate Enhancement Rider is purchased, principal will not decrease due to market performance but could decrease due to the rider fee.
You have the flexibility to choose how your single premium is allocated across eleven crediting strategies. These crediting strategies include a Fixed Account and ten Indexed Accounts linked to three indices, the CS Momentum Index, the CS ESG Macro 5 Index, and the S&P 500® Index. We know that your life and needs are ever evolving, and that is why you can adjust your allocations on the contract anniversary coinciding with the end of each strategy’s crediting period. At that time, you may allocate to any available strategy for a new crediting period of one, two or three years.
The crediting periods for the Accumulation Protector PlusSM Annuity’s crediting strategies range from one, two, or three years. The crediting strategies include a Fixed Rate account, Trigger Rate account, and several Point-to-Point with Participation Rate or Cap Rate accounts. A Point-to-Point strategy measures the difference in the index’s value on each contract anniversary, comparing it to the value of the index either a year earlier, two years earlier, or three years earlier, depending on the option you choose.
The Rate Enhancement Rider is a fantastic feature to add to your annuity if you want to take your accumulation power to the next level! This rider increases the amount available for free withdrawal from 5% to 10% of your annuity’s Account Value. Additionally, this rider gives you a better opportunity to earn more interest as it increases the Fixed, Participation, and Cap rates across your annuity’s crediting strategies. Increasing the Participation and Cap Rates offers potential to substantially benefit from the index’s upside, because your premium has access to a larger percentage of an index’s growth.
There is a fee with the purchase of the rider. Please refer to Our Products page for the current rates and fees.
The Accumulation Protector PlusSM Annuity offers a 110% Return of Premium (ROP) Guarantee if the Rate Enhancement Rider is purchased and the contract persists to year 10. The premium is adjusted for withdrawals.
In all states other than Florida, annuity payments may begin after the fifth contract year. In Florida, annuity payments may begin after the first contract year.
The Death Benefit Feature protects your beneficiary. For contracts issued in all states other than California, if you pass away before receiving any proceeds*, other than a Withdrawal, the amount payable to your beneficiary(ies) is equal to the greater of the Account Value less any Non-Vested Premium Bonus or the Minimum Guaranteed Surrender Value determined as of the date of death.
For contracts issued in the state of California, the death benefit payable to your beneficiary(ies) is equal to the greater of the Account Value or the Minimum Guaranteed Surrender Value determined as of the date of death.
No withdrawal charges apply to death benefits, and there are several settlement options available to your beneficiary if you pass away:
*Proceeds are defined as the amount payable when: (1) the Owner surrenders their Contract; (2) the Contract matures; or (3) a Settlement Option is elected through the Early Payout Feature.
Lifetime Income Only
With this option, the annuitant receives equal monthly payments for the rest of their lifetime. Payments will end with the payment due just before the annuitant’s death. No death benefit is payable with this option.
Period Certain Only
This settlement option guarantees equal monthly payments for a specified period, between 10 years and 20 years. After the fifth contract year, you may request a specific period, with guaranteed equal monthly payments, between 5 years and 20 years. If the annuitant dies before payments have been made for the specified period, the beneficiary will receive remaining payments for the specified period.
Lifetime Income with Guaranteed Period Certain
This settlement option provides equal monthly payments for the greater of the annuitant’s remaining lifetime or a specified period of time. If the annuitant dies after payments have been made for the specified period, payments end with the payment due just before the annuitant’s death.
If you are diagnosed with a terminal illness or need to move into a nursing home, you can make a full surrender or partial withdrawal with no Market Value Adjustment, Surrender Charge, or loss of any applicable Non-Vested Premium Bonus under certain conditions.*
*This feature is not available in the state of California.
The APP Annuity offers a diversified set of fixed and indexed crediting strategies with 1, 2 or 3 year periods that allow you and your advisor to choose the accounts and periods that most align with your goals. Additionally, you can adjust the allocations on the contract anniversary, coinciding with the end of the crediting period, to continue to meet your changing needs.
The highly flexible APP allows you to continue your annuity – even after the 10-year surrender period ends. You also have the option to withdraw a portion or all of your account value or apply a settlement option to receive annuity payments over time.
When you purchase the Accumulation Protector PlusSM Annuity you will receive a one-time premium bonus of 10%. The premium bonus is immediately credited to your account, increasing the value of your account and giving you the opportunity to earn additional interest. Your premium bonus and affiliated interest can be accessed subject to your vesting schedule. The vesting schedule applies for 10 contract years, in which the amount of vested premium bonus gradually increases from 0% to 100% vested.
The Accumulation Protector PlusSM Annuity can be a wonderful growth vehicle for those looking to accumulate wealth and protect their retirement income.
If the below sounds like you, the Accumulation Protector PlusSM Annuity may be the addition you have been searching for!
There is a fee with the purchase of the rider. Please refer to Our Products page for the current rates and fees.
Is the Accumulation Protector PlusSM Annuity Right for You?
The Accumulation Protector PlusSM Annuity (APP) is a fixed indexed annuity designed to both accumulate wealth, and protect it against future market downturns. With access to its exclusive and flexible crediting strategies, the APP offers protection and growth potential in any market.*
*The Accumulation Protector PlusSM (APP) Annuity offers growth potential whether the market goes up, down, or remains the same.
The APP Annuity is distinct in the industry because it gives contract holders exclusive access to two Credit Suisse Indices: The CS Momentum Index (Bloomberg: CSEAMTM5) and the CS ESG Macro 5 Index (Bloomberg: CSEAGESG). Both the CS Momentum Index and the CS ESG Macro 5 Index have unique 10 year guarantee of participation rates. The Participation Rates for the CS Momentum Index and the CS ESG Macro 5 Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies.*
The APP Annuity’s CS Momentum Index crediting strategies are distinctive in the insurance industry as they give contract holders the ability to accumulate wealth in both bull and bear markets. The risk-monitored CS Momentum Index diversifies its underlying components across equities, bonds and commodities in four global regions. Implementing a momentum-driven strategy, the CS Momentum Index takes long positions in components exhibiting the strongest trends and takes short positions in components with weaker trends. This investment approach, coupled with the stable framework of the APP Annuity, gives contract holders an opportunity to grow their premium during turbulent economic environments.
Additionally, the CS ESG Macro 5 Index was designed to provide consistent returns. The unique diversification framework of the CS ESG Macro 5 Index offers exposure to ESG components and macro components, across different regions and asset classes, in an attempt to mitigate risk and seek returns. The CS ESG Macro 5 Index also aims to maintain 5% volatility.
*The Participation Rates for the CS Momentum Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies, provided that Sentinel Security Life Insurance Company continues to have access to the CS Momentum Index. The Participation Rates for the CS ESG Macro 5 Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies, provided that Sentinel Security Life Insurance Company continues to have access to the CS ESG Macro 5 Index.
The CS Momentum Index is a global multi-asset index that dynamically allocates across its components using a unique and flexible momentum-driven strategy with risk-adjusted weightings. The CS Momentum Index was designed to adapt to various market conditions and generate consistent returns over time.
The risk-monitored CS Momentum Index can create value for your annuity in all market types (rising, falling, or remaining the same) by taking long positions (buying) in components exhibiting the strongest trends and short positions (selling) in components with weaker trends.
Access to the CS Momentum Index is exclusive to buyers of the Accumulation Protector PlusSM Annuity. To learn more about this index, please read the CS Momentum Index brochure or visit: https://indices.credit-suisse.com/en/Description/id/CSEAMTM5.
The CS ESG Macro 5 Index, a global multi-asset index, applies an innovative strategy that combines environment, social and governance (ESG) equity components with macro components, while a risk control mechanism targets a 5% index volatility. The CS ESG Macro 5 Index uses a daily adjustment aimed at stabilizing performance and generating consistent returns over time.
With the ESG component, your annuity has exposure to a risk-weighted basket of four MSCI ESG Indices that focus on regional activities considered positive for the environment, society, that are not subject to controversy and that display the highest ESG scores as computed by MSCI.
The framework of the CS ESG Macro 5 Index uses diversification as an approach to create value for your annuity by seeking returns across various market environments while mitigating risk exposure.
Access to the CS ESG Macro 5 Index is exclusive to buyers of the Accumulation Protector PlusSM Annuity. To learn more about this index, please read the CS ESG Macro 5 Index brochure or visit: https://indices.credit-suisse.com/CSEAGESG
Whether the market goes up, down, or remains the same, your principal is guaranteed not to decrease* due to market performance and is protected through the APP’s Fixed and Indexed Accounts.
You do not lose money, including interest earned during previous crediting periods, if the index value drops because your money is allocated to the annuity itself rather than directly to the index (or indices).
*If Rate Enhancement Rider is purchased, principal will not decrease due to market performance but could decrease due to the rider fee.
You have the flexibility to choose how your single premium is allocated across eleven crediting strategies. These crediting strategies include a Fixed Account and ten Indexed Accounts linked to three indices, the CS Momentum Index, the CS ESG Macro 5 Index, and the S&P 500® Index. We know that your life and needs are ever evolving, and that is why you can adjust your allocations on the contract anniversary coinciding with the end of each strategy’s crediting period. At that time, you may allocate to any available strategy for a new crediting period of one, two or three years.
The crediting periods for the Accumulation Protector PlusSM Annuity’s crediting strategies range from one, two, or three years. The crediting strategies include a Fixed Rate account, Trigger Rate account, and several Point-to-Point with Participation Rate or Cap Rate accounts. A Point-to-Point strategy measures the difference in the index’s value on each contract anniversary, comparing it to the value of the index either a year earlier, two years earlier, or three years earlier, depending on the option you choose.
In the second contract year, the Accumulation Protector PlusSM Annuity allows you to withdraw up to 5% of your Account Value or your Required Minimum Distribution, whichever greater. With the purchase of the Rate Enhancement Rider, this 5% increases to 10%.
The Rate Enhancement Rider is a fantastic feature to add to your annuity if you want to take your accumulation power to the next level! This rider increases the amount available for free withdrawal from 5% to 10% of your annuity’s Account Value. Additionally, this rider gives you a better opportunity to earn more interest as it increases the Fixed, Participation, and Cap rates across your annuity’s crediting strategies. Increasing the Participation and Cap Rates offers potential to substantially benefit from the index’s upside, because your premium has access to a larger percentage of an index’s growth.
There is a fee with the purchase of the rider. Please refer to Our Products page for the current rates and fees.
The Accumulation Protector PlusSM Annuity offers a 110% Return of Premium (ROP) Guarantee if the Rate Enhancement Rider is purchased and the contract persists to year 10. The premium is adjusted for withdrawals.
In all states other than Florida, annuity payments may begin after the fifth contract year. In Florida, annuity payments may begin after the first contract year.
The Death Benefit Feature protects your beneficiary. For contracts issued in all states other than California, if you pass away before receiving any proceeds*, other than a Withdrawal, the amount payable to your beneficiary(ies) is equal to the greater of the Account Value less any Non-Vested Premium Bonus or the Minimum Guaranteed Surrender Value determined as of the date of death.
For contracts issued in the state of California, the death benefit payable to your beneficiary(ies) is equal to the greater of the Account Value or the Minimum Guaranteed Surrender Value determined as of the date of death.
No withdrawal charges apply to death benefits, and there are several settlement options available to your beneficiary if you pass away:
*Proceeds are defined as the amount payable when: (1) the Owner surrenders their Contract; (2) the Contract matures; or (3) a Settlement Option is elected through the Early Payout Feature.
Lifetime Income Only
With this option, the annuitant receives equal monthly payments for the rest of their lifetime. Payments will end with the payment due just before the annuitant’s death. No death benefit is payable with this option.
Period Certain Only
This settlement option guarantees equal monthly payments for a specified period, between 10 years and 20 years. After the fifth contract year, you may request a specific period, with guaranteed equal monthly payments, between 5 years and 20 years. If the annuitant dies before payments have been made for the specified period, the beneficiary will receive remaining payments for the specified period.
Lifetime Income with Guaranteed Period Certain
This settlement option provides equal monthly payments for the greater of the annuitant’s remaining lifetime or a specified period of time. If the annuitant dies after payments have been made for the specified period, payments end with the payment due just before the annuitant’s death.
If you are diagnosed with a terminal illness or need to move into a nursing home, you can make a full surrender or partial withdrawal with no Market Value Adjustment, Surrender Charge, or loss of any applicable Non-Vested Premium Bonus under certain conditions.*
*This feature is not available in the state of California.
The APP Annuity offers a diversified set of fixed and indexed crediting strategies with 1, 2 or 3 year periods that allow you and your advisor to choose the accounts and periods that most align with your goals. Additionally, you can adjust the allocations on the contract anniversary, coinciding with the end of the crediting period, to continue to meet your changing needs.
The highly flexible APP allows you to continue your annuity – even after the 10-year surrender period ends. You also have the option to withdraw a portion or all of your account value or apply a settlement option to receive annuity payments over time.
When you purchase the Accumulation Protector PlusSM Annuity you will receive a one-time premium bonus of 10%. The premium bonus is immediately credited to your account, increasing the value of your account and giving you the opportunity to earn additional interest. Your premium bonus and affiliated interest can be accessed subject to your vesting schedule. The vesting schedule applies for 10 contract years, in which the amount of vested premium bonus gradually increases from 0% to 100% vested.
The Accumulation Protector PlusSM Annuity can be a wonderful growth vehicle for those looking to accumulate wealth and protect their retirement income.
If the below sounds like you, the Accumulation Protector PlusSM Annuity may be the addition you have been searching for!
There is a fee with the purchase of the rider. Please refer to Our Products page for the current rates and fees.
Is the Accumulation Protector PlusSM Annuity Right for You?
In all states other than Florida, annuity payments may begin after the fifth contract year. In Florida, annuity payments may begin after the first contract year.
The Accumulation Protector PlusSM Annuity (APP) is a fixed indexed annuity designed to both accumulate wealth, and protect it against future market downturns. With access to its exclusive and flexible crediting strategies, the APP offers protection and growth potential in any market.*
*The Accumulation Protector PlusSM (APP) Annuity offers growth potential whether the market goes up, down, or remains the same.
The APP Annuity is distinct in the industry because it gives contract holders exclusive access to two Credit Suisse Indices: The CS Momentum Index (Bloomberg: CSEAMTM5) and the CS ESG Macro 5 Index (Bloomberg: CSEAGESG). Both the CS Momentum Index and the CS ESG Macro 5 Index have unique 10 year guarantee of participation rates. The Participation Rates for the CS Momentum Index and the CS ESG Macro 5 Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies.*
The APP Annuity’s CS Momentum Index crediting strategies are distinctive in the insurance industry as they give contract holders the ability to accumulate wealth in both bull and bear markets. The risk-monitored CS Momentum Index diversifies its underlying components across equities, bonds and commodities in four global regions. Implementing a momentum-driven strategy, the CS Momentum Index takes long positions in components exhibiting the strongest trends and takes short positions in components with weaker trends. This investment approach, coupled with the stable framework of the APP Annuity, gives contract holders an opportunity to grow their premium during turbulent economic environments.
Additionally, the CS ESG Macro 5 Index was designed to provide consistent returns. The unique diversification framework of the CS ESG Macro 5 Index offers exposure to ESG components and macro components, across different regions and asset classes, in an attempt to mitigate risk and seek returns. The CS ESG Macro 5 Index also aims to maintain 5% volatility.
*The Participation Rates for the CS Momentum Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies, provided that Sentinel Security Life Insurance Company continues to have access to the CS Momentum Index. The Participation Rates for the CS ESG Macro 5 Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies, provided that Sentinel Security Life Insurance Company continues to have access to the CS ESG Macro 5 Index.
The CS Momentum Index is a global multi-asset index that dynamically allocates across its components using a unique and flexible momentum-driven strategy with risk-adjusted weightings. The CS Momentum Index was designed to adapt to various market conditions and generate consistent returns over time.
The risk-monitored CS Momentum Index can create value for your annuity in all market types (rising, falling, or remaining the same) by taking long positions (buying) in components exhibiting the strongest trends and short positions (selling) in components with weaker trends.
Access to the CS Momentum Index is exclusive to buyers of the Accumulation Protector PlusSM Annuity. To learn more about this index, please read the CS Momentum Index brochure or visit: https://indices.credit-suisse.com/en/Description/id/CSEAMTM5.
The CS ESG Macro 5 Index, a global multi-asset index, applies an innovative strategy that combines environment, social and governance (ESG) equity components with macro components, while a risk control mechanism targets a 5% index volatility. The CS ESG Macro 5 Index uses a daily adjustment aimed at stabilizing performance and generating consistent returns over time.
With the ESG component, your annuity has exposure to a risk-weighted basket of four MSCI ESG Indices that focus on regional activities considered positive for the environment, society, that are not subject to controversy and that display the highest ESG scores as computed by MSCI.
The framework of the CS ESG Macro 5 Index uses diversification as an approach to create value for your annuity by seeking returns across various market environments while mitigating risk exposure.
Access to the CS ESG Macro 5 Index is exclusive to buyers of the Accumulation Protector PlusSM Annuity. To learn more about this index, please read the CS ESG Macro 5 Index brochure or visit: https://indices.credit-suisse.com/CSEAGESG
Whether the market goes up, down, or remains the same, your principal is guaranteed not to decrease* due to market performance and is protected through the APP’s Fixed and Indexed Accounts.
You do not lose money, including interest earned during previous crediting periods, if the index value drops because your money is allocated to the annuity itself rather than directly to the index (or indices).
*If Rate Enhancement Rider is purchased, principal will not decrease due to market performance but could decrease due to the rider fee.
You have the flexibility to choose how your single premium is allocated across eleven crediting strategies. These crediting strategies include a Fixed Account and ten Indexed Accounts linked to three indices, the CS Momentum Index, the CS ESG Macro 5 Index, and the S&P 500® Index. We know that your life and needs are ever evolving, and that is why you can adjust your allocations on the contract anniversary coinciding with the end of each strategy’s crediting period. At that time, you may allocate to any available strategy for a new crediting period of one, two or three years.
The crediting periods for the Accumulation Protector PlusSM Annuity’s crediting strategies range from one, two, or three years. The crediting strategies include a Fixed Rate account, Trigger Rate account, and several Point-to-Point with Participation Rate or Cap Rate accounts. A Point-to-Point strategy measures the difference in the index’s value on each contract anniversary, comparing it to the value of the index either a year earlier, two years earlier, or three years earlier, depending on the option you choose.
In the second contract year, the Accumulation Protector PlusSM Annuity allows you to withdraw up to 5% of your Account Value or your Required Minimum Distribution, whichever greater. With the purchase of the Rate Enhancement Rider, this 5% increases to 10%.
The Rate Enhancement Rider is a fantastic feature to add to your annuity if you want to take your accumulation power to the next level! This rider increases the amount available for free withdrawal from 5% to 10% of your annuity’s Account Value. Additionally, this rider gives you a better opportunity to earn more interest as it increases the Fixed, Participation, and Cap rates across your annuity’s crediting strategies. Increasing the Participation and Cap Rates offers potential to substantially benefit from the index’s upside, because your premium has access to a larger percentage of an index’s growth.
There is a fee with the purchase of the rider. Please refer to Our Products page for the current rates and fees.
The Accumulation Protector PlusSM Annuity offers a 110% Return of Premium (ROP) Guarantee if the Rate Enhancement Rider is purchased and the contract persists to year 10. The premium is adjusted for withdrawals.
The Death Benefit Feature protects your beneficiary. For contracts issued in all states other than California, if you pass away before receiving any proceeds*, other than a Withdrawal, the amount payable to your beneficiary(ies) is equal to the greater of the Account Value less any Non-Vested Premium Bonus or the Minimum Guaranteed Surrender Value determined as of the date of death.
For contracts issued in the state of California, the death benefit payable to your beneficiary(ies) is equal to the greater of the Account Value or the Minimum Guaranteed Surrender Value determined as of the date of death.
No withdrawal charges apply to death benefits, and there are several settlement options available to your beneficiary if you pass away:
*Proceeds are defined as the amount payable when: (1) the Owner surrenders their Contract; (2) the Contract matures; or (3) a Settlement Option is elected through the Early Payout Feature.
Lifetime Income Only
With this option, the annuitant receives equal monthly payments for the rest of their lifetime. Payments will end with the payment due just before the annuitant’s death. No death benefit is payable with this option.
Period Certain Only
This settlement option guarantees equal monthly payments for a specified period, between 10 years and 20 years. After the fifth contract year, you may request a specific period, with guaranteed equal monthly payments, between 5 years and 20 years. If the annuitant dies before payments have been made for the specified period, the beneficiary will receive remaining payments for the specified period.
Lifetime Income with Guaranteed Period Certain
This settlement option provides equal monthly payments for the greater of the annuitant’s remaining lifetime or a specified period of time. If the annuitant dies after payments have been made for the specified period, payments end with the payment due just before the annuitant’s death.
If you are diagnosed with a terminal illness or need to move into a nursing home, you can make a full surrender or partial withdrawal with no Market Value Adjustment, Surrender Charge, or loss of any applicable Non-Vested Premium Bonus under certain conditions.*
*This feature is not available in the state of California.
The APP Annuity offers a diversified set of fixed and indexed crediting strategies with 1, 2 or 3 year periods that allow you and your advisor to choose the accounts and periods that most align with your goals. Additionally, you can adjust the allocations on the contract anniversary, coinciding with the end of the crediting period, to continue to meet your changing needs.
The highly flexible APP allows you to continue your annuity – even after the 10-year surrender period ends. You also have the option to withdraw a portion or all of your account value or apply a settlement option to receive annuity payments over time.
When you purchase the Accumulation Protector PlusSM Annuity you will receive a one-time premium bonus of 10%. The premium bonus is immediately credited to your account, increasing the value of your account and giving you the opportunity to earn additional interest. Your premium bonus and affiliated interest can be accessed subject to your vesting schedule. The vesting schedule applies for 10 contract years, in which the amount of vested premium bonus gradually increases from 0% to 100% vested.
The Accumulation Protector PlusSM Annuity can be a wonderful growth vehicle for those looking to accumulate wealth and protect their retirement income.
If the below sounds like you, the Accumulation Protector PlusSM Annuity may be the addition you have been searching for!
There is a fee with the purchase of the rider. Please refer to Our Products page for the current rates and fees.
Is the Accumulation Protector PlusSM Annuity Right for You?
The Accumulation Protector PlusSM Annuity (APP) is a fixed indexed annuity designed to both accumulate wealth, and protect it against future market downturns. With access to its exclusive and flexible crediting strategies, the APP offers protection and growth potential in any market.*
*The Accumulation Protector PlusSM (APP) Annuity offers growth potential whether the market goes up, down, or remains the same.
The APP Annuity is distinct in the industry because it gives contract holders exclusive access to two Credit Suisse Indices: The CS Momentum Index (Bloomberg: CSEAMTM5) and the CS ESG Macro 5 Index (Bloomberg: CSEAGESG). Both the CS Momentum Index and the CS ESG Macro 5 Index have unique 10 year guarantee of participation rates. The Participation Rates for the CS Momentum Index and the CS ESG Macro 5 Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies.*
The APP Annuity’s CS Momentum Index crediting strategies are distinctive in the insurance industry as they give contract holders the ability to accumulate wealth in both bull and bear markets. The risk-monitored CS Momentum Index diversifies its underlying components across equities, bonds and commodities in four global regions. Implementing a momentum-driven strategy, the CS Momentum Index takes long positions in components exhibiting the strongest trends and takes short positions in components with weaker trends. This investment approach, coupled with the stable framework of the APP Annuity, gives contract holders an opportunity to grow their premium during turbulent economic environments.
Additionally, the CS ESG Macro 5 Index was designed to provide consistent returns. The unique diversification framework of the CS ESG Macro 5 Index offers exposure to ESG components and macro components, across different regions and asset classes, in an attempt to mitigate risk and seek returns. The CS ESG Macro 5 Index also aims to maintain 5% volatility.
*The Participation Rates for the CS Momentum Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies, provided that Sentinel Security Life Insurance Company continues to have access to the CS Momentum Index. The Participation Rates for the CS ESG Macro 5 Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies, provided that Sentinel Security Life Insurance Company continues to have access to the CS ESG Macro 5 Index.
The CS Momentum Index is a global multi-asset index that dynamically allocates across its components using a unique and flexible momentum-driven strategy with risk-adjusted weightings. The CS Momentum Index was designed to adapt to various market conditions and generate consistent returns over time.
The risk-monitored CS Momentum Index can create value for your annuity in all market types (rising, falling, or remaining the same) by taking long positions (buying) in components exhibiting the strongest trends and short positions (selling) in components with weaker trends.
Access to the CS Momentum Index is exclusive to buyers of the Accumulation Protector PlusSM Annuity. To learn more about this index, please read the CS Momentum Index brochure or visit: https://indices.credit-suisse.com/en/Description/id/CSEAMTM5.
The CS ESG Macro 5 Index, a global multi-asset index, applies an innovative strategy that combines environment, social and governance (ESG) equity components with macro components, while a risk control mechanism targets a 5% index volatility. The CS ESG Macro 5 Index uses a daily adjustment aimed at stabilizing performance and generating consistent returns over time.
With the ESG component, your annuity has exposure to a risk-weighted basket of four MSCI ESG Indices that focus on regional activities considered positive for the environment, society, that are not subject to controversy and that display the highest ESG scores as computed by MSCI.
The framework of the CS ESG Macro 5 Index uses diversification as an approach to create value for your annuity by seeking returns across various market environments while mitigating risk exposure.
Access to the CS ESG Macro 5 Index is exclusive to buyers of the Accumulation Protector PlusSM Annuity. To learn more about this index, please read the CS ESG Macro 5 Index brochure or visit: https://indices.credit-suisse.com/CSEAGESG
Whether the market goes up, down, or remains the same, your principal is guaranteed not to decrease* due to market performance and is protected through the APP’s Fixed and Indexed Accounts.
You do not lose money, including interest earned during previous crediting periods, if the index value drops because your money is allocated to the annuity itself rather than directly to the index (or indices).
*If Rate Enhancement Rider is purchased, principal will not decrease due to market performance but could decrease due to the rider fee.
You have the flexibility to choose how your single premium is allocated across eleven crediting strategies. These crediting strategies include a Fixed Account and ten Indexed Accounts linked to three indices, the CS Momentum Index, the CS ESG Macro 5 Index, and the S&P 500® Index. We know that your life and needs are ever evolving, and that is why you can adjust your allocations on the contract anniversary coinciding with the end of each strategy’s crediting period. At that time, you may allocate to any available strategy for a new crediting period of one, two or three years.
The crediting periods for the Accumulation Protector PlusSM Annuity’s crediting strategies range from one, two, or three years. The crediting strategies include a Fixed Rate account, Trigger Rate account, and several Point-to-Point with Participation Rate or Cap Rate accounts. A Point-to-Point strategy measures the difference in the index’s value on each contract anniversary, comparing it to the value of the index either a year earlier, two years earlier, or three years earlier, depending on the option you choose.
In the second contract year, the Accumulation Protector PlusSM Annuity allows you to withdraw up to 5% of your Account Value or your Required Minimum Distribution, whichever greater. With the purchase of the Rate Enhancement Rider, this 5% increases to 10%.
The Rate Enhancement Rider is a fantastic feature to add to your annuity if you want to take your accumulation power to the next level! This rider increases the amount available for free withdrawal from 5% to 10% of your annuity’s Account Value. Additionally, this rider gives you a better opportunity to earn more interest as it increases the Fixed, Participation, and Cap rates across your annuity’s crediting strategies. Increasing the Participation and Cap Rates offers potential to substantially benefit from the index’s upside, because your premium has access to a larger percentage of an index’s growth.
There is a fee with the purchase of the rider. Please refer to Our Products page for the current rates and fees.
The Accumulation Protector PlusSM Annuity offers a 110% Return of Premium (ROP) Guarantee if the Rate Enhancement Rider is purchased and the contract persists to year 10. The premium is adjusted for withdrawals.
In all states other than Florida, annuity payments may begin after the fifth contract year. In Florida, annuity payments may begin after the first contract year.
Lifetime Income Only
With this option, the annuitant receives equal monthly payments for the rest of their lifetime. Payments will end with the payment due just before the annuitant’s death. No death benefit is payable with this option.
Period Certain Only
This settlement option guarantees equal monthly payments for a specified period, between 10 years and 20 years. After the fifth contract year, you may request a specific period, with guaranteed equal monthly payments, between 5 years and 20 years. If the annuitant dies before payments have been made for the specified period, the beneficiary will receive remaining payments for the specified period.
Lifetime Income with Guaranteed Period Certain
This settlement option provides equal monthly payments for the greater of the annuitant’s remaining lifetime or a specified period of time. If the annuitant dies after payments have been made for the specified period, payments end with the payment due just before the annuitant’s death.
If you are diagnosed with a terminal illness or need to move into a nursing home, you can make a full surrender or partial withdrawal with no Market Value Adjustment, Surrender Charge, or loss of any applicable Non-Vested Premium Bonus under certain conditions.*
*This feature is not available in the state of California.
The APP Annuity offers a diversified set of fixed and indexed crediting strategies with 1, 2 or 3 year periods that allow you and your advisor to choose the accounts and periods that most align with your goals. Additionally, you can adjust the allocations on the contract anniversary, coinciding with the end of the crediting period, to continue to meet your changing needs.
The highly flexible APP allows you to continue your annuity – even after the 10-year surrender period ends. You also have the option to withdraw a portion or all of your account value or apply a settlement option to receive annuity payments over time.
When you purchase the Accumulation Protector PlusSM Annuity you will receive a one-time premium bonus of 10%. The premium bonus is immediately credited to your account, increasing the value of your account and giving you the opportunity to earn additional interest. Your premium bonus and affiliated interest can be accessed subject to your vesting schedule. The vesting schedule applies for 10 contract years, in which the amount of vested premium bonus gradually increases from 0% to 100% vested.
The Accumulation Protector PlusSM Annuity can be a wonderful growth vehicle for those looking to accumulate wealth and protect their retirement income.
If the below sounds like you, the Accumulation Protector PlusSM Annuity may be the addition you have been searching for!
There is a fee with the purchase of the rider. Please refer to Our Products page for the current rates and fees.
Is the Accumulation Protector PlusSM Annuity Right for You?
Lifetime Income Only
Period Certain Only
Lifetime Income with Guaranteed Period Certain
The Accumulation Protector PlusSM Annuity (APP) is a fixed indexed annuity designed to both accumulate wealth, and protect it against future market downturns. With access to its exclusive and flexible crediting strategies, the APP offers protection and growth potential in any market.*
*The Accumulation Protector PlusSM (APP) Annuity offers growth potential whether the market goes up, down, or remains the same.
The APP Annuity is distinct in the industry because it gives contract holders exclusive access to two Credit Suisse Indices: The CS Momentum Index (Bloomberg: CSEAMTM5) and the CS ESG Macro 5 Index (Bloomberg: CSEAGESG). Both the CS Momentum Index and the CS ESG Macro 5 Index have unique 10 year guarantee of participation rates. The Participation Rates for the CS Momentum Index and the CS ESG Macro 5 Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies.*
The APP Annuity’s CS Momentum Index crediting strategies are distinctive in the insurance industry as they give contract holders the ability to accumulate wealth in both bull and bear markets. The risk-monitored CS Momentum Index diversifies its underlying components across equities, bonds and commodities in four global regions. Implementing a momentum-driven strategy, the CS Momentum Index takes long positions in components exhibiting the strongest trends and takes short positions in components with weaker trends. This investment approach, coupled with the stable framework of the APP Annuity, gives contract holders an opportunity to grow their premium during turbulent economic environments.
Additionally, the CS ESG Macro 5 Index was designed to provide consistent returns. The unique diversification framework of the CS ESG Macro 5 Index offers exposure to ESG components and macro components, across different regions and asset classes, in an attempt to mitigate risk and seek returns. The CS ESG Macro 5 Index also aims to maintain 5% volatility.
*The Participation Rates for the CS Momentum Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies, provided that Sentinel Security Life Insurance Company continues to have access to the CS Momentum Index. The Participation Rates for the CS ESG Macro 5 Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies, provided that Sentinel Security Life Insurance Company continues to have access to the CS ESG Macro 5 Index.
The CS Momentum Index is a global multi-asset index that dynamically allocates across its components using a unique and flexible momentum-driven strategy with risk-adjusted weightings. The CS Momentum Index was designed to adapt to various market conditions and generate consistent returns over time.
The risk-monitored CS Momentum Index can create value for your annuity in all market types (rising, falling, or remaining the same) by taking long positions (buying) in components exhibiting the strongest trends and short positions (selling) in components with weaker trends.
Access to the CS Momentum Index is exclusive to buyers of the Accumulation Protector PlusSM Annuity. To learn more about this index, please read the CS Momentum Index brochure or visit: https://indices.credit-suisse.com/en/Description/id/CSEAMTM5.
The CS ESG Macro 5 Index, a global multi-asset index, applies an innovative strategy that combines environment, social and governance (ESG) equity components with macro components, while a risk control mechanism targets a 5% index volatility. The CS ESG Macro 5 Index uses a daily adjustment aimed at stabilizing performance and generating consistent returns over time.
With the ESG component, your annuity has exposure to a risk-weighted basket of four MSCI ESG Indices that focus on regional activities considered positive for the environment, society, that are not subject to controversy and that display the highest ESG scores as computed by MSCI.
The framework of the CS ESG Macro 5 Index uses diversification as an approach to create value for your annuity by seeking returns across various market environments while mitigating risk exposure.
Access to the CS ESG Macro 5 Index is exclusive to buyers of the Accumulation Protector PlusSM Annuity. To learn more about this index, please read the CS ESG Macro 5 Index brochure or visit: https://indices.credit-suisse.com/CSEAGESG
Whether the market goes up, down, or remains the same, your principal is guaranteed not to decrease* due to market performance and is protected through the APP’s Fixed and Indexed Accounts.
You do not lose money, including interest earned during previous crediting periods, if the index value drops because your money is allocated to the annuity itself rather than directly to the index (or indices).
*If Rate Enhancement Rider is purchased, principal will not decrease due to market performance but could decrease due to the rider fee.
You have the flexibility to choose how your single premium is allocated across eleven crediting strategies. These crediting strategies include a Fixed Account and ten Indexed Accounts linked to three indices, the CS Momentum Index, the CS ESG Macro 5 Index, and the S&P 500® Index. We know that your life and needs are ever evolving, and that is why you can adjust your allocations on the contract anniversary coinciding with the end of each strategy’s crediting period. At that time, you may allocate to any available strategy for a new crediting period of one, two or three years.
The crediting periods for the Accumulation Protector PlusSM Annuity’s crediting strategies range from one, two, or three years. The crediting strategies include a Fixed Rate account, Trigger Rate account, and several Point-to-Point with Participation Rate or Cap Rate accounts. A Point-to-Point strategy measures the difference in the index’s value on each contract anniversary, comparing it to the value of the index either a year earlier, two years earlier, or three years earlier, depending on the option you choose.
In the second contract year, the Accumulation Protector PlusSM Annuity allows you to withdraw up to 5% of your Account Value or your Required Minimum Distribution, whichever greater. With the purchase of the Rate Enhancement Rider, this 5% increases to 10%.
The Rate Enhancement Rider is a fantastic feature to add to your annuity if you want to take your accumulation power to the next level! This rider increases the amount available for free withdrawal from 5% to 10% of your annuity’s Account Value. Additionally, this rider gives you a better opportunity to earn more interest as it increases the Fixed, Participation, and Cap rates across your annuity’s crediting strategies. Increasing the Participation and Cap Rates offers potential to substantially benefit from the index’s upside, because your premium has access to a larger percentage of an index’s growth.
There is a fee with the purchase of the rider. Please refer to Our Products page for the current rates and fees.
The Accumulation Protector PlusSM Annuity offers a 110% Return of Premium (ROP) Guarantee if the Rate Enhancement Rider is purchased and the contract persists to year 10. The premium is adjusted for withdrawals.
In all states other than Florida, annuity payments may begin after the fifth contract year. In Florida, annuity payments may begin after the first contract year.
The Death Benefit Feature protects your beneficiary. For contracts issued in all states other than California, if you pass away before receiving any proceeds*, other than a Withdrawal, the amount payable to your beneficiary(ies) is equal to the greater of the Account Value less any Non-Vested Premium Bonus or the Minimum Guaranteed Surrender Value determined as of the date of death.
For contracts issued in the state of California, the death benefit payable to your beneficiary(ies) is equal to the greater of the Account Value or the Minimum Guaranteed Surrender Value determined as of the date of death.
No withdrawal charges apply to death benefits, and there are several settlement options available to your beneficiary if you pass away:
*Proceeds are defined as the amount payable when: (1) the Owner surrenders their Contract; (2) the Contract matures; or (3) a Settlement Option is elected through the Early Payout Feature.
If you are diagnosed with a terminal illness or need to move into a nursing home, you can make a full surrender or partial withdrawal with no Market Value Adjustment, Surrender Charge, or loss of any applicable Non-Vested Premium Bonus under certain conditions.*
*This feature is not available in the state of California.
The APP Annuity offers a diversified set of fixed and indexed crediting strategies with 1, 2 or 3 year periods that allow you and your advisor to choose the accounts and periods that most align with your goals. Additionally, you can adjust the allocations on the contract anniversary, coinciding with the end of the crediting period, to continue to meet your changing needs.
The highly flexible APP allows you to continue your annuity – even after the 10-year surrender period ends. You also have the option to withdraw a portion or all of your account value or apply a settlement option to receive annuity payments over time.
When you purchase the Accumulation Protector PlusSM Annuity you will receive a one-time premium bonus of 10%. The premium bonus is immediately credited to your account, increasing the value of your account and giving you the opportunity to earn additional interest. Your premium bonus and affiliated interest can be accessed subject to your vesting schedule. The vesting schedule applies for 10 contract years, in which the amount of vested premium bonus gradually increases from 0% to 100% vested.
The Accumulation Protector PlusSM Annuity can be a wonderful growth vehicle for those looking to accumulate wealth and protect their retirement income.
If the below sounds like you, the Accumulation Protector PlusSM Annuity may be the addition you have been searching for!
There is a fee with the purchase of the rider. Please refer to Our Products page for the current rates and fees.
Is the Accumulation Protector PlusSM Annuity Right for You?
*This feature is not available in the state of California.
The Accumulation Protector PlusSM Annuity (APP) is a fixed indexed annuity designed to both accumulate wealth, and protect it against future market downturns. With access to its exclusive and flexible crediting strategies, the APP offers protection and growth potential in any market.*
*The Accumulation Protector PlusSM (APP) Annuity offers growth potential whether the market goes up, down, or remains the same.
The APP Annuity is distinct in the industry because it gives contract holders exclusive access to two Credit Suisse Indices: The CS Momentum Index (Bloomberg: CSEAMTM5) and the CS ESG Macro 5 Index (Bloomberg: CSEAGESG). Both the CS Momentum Index and the CS ESG Macro 5 Index have unique 10 year guarantee of participation rates. The Participation Rates for the CS Momentum Index and the CS ESG Macro 5 Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies.*
The APP Annuity’s CS Momentum Index crediting strategies are distinctive in the insurance industry as they give contract holders the ability to accumulate wealth in both bull and bear markets. The risk-monitored CS Momentum Index diversifies its underlying components across equities, bonds and commodities in four global regions. Implementing a momentum-driven strategy, the CS Momentum Index takes long positions in components exhibiting the strongest trends and takes short positions in components with weaker trends. This investment approach, coupled with the stable framework of the APP Annuity, gives contract holders an opportunity to grow their premium during turbulent economic environments.
Additionally, the CS ESG Macro 5 Index was designed to provide consistent returns. The unique diversification framework of the CS ESG Macro 5 Index offers exposure to ESG components and macro components, across different regions and asset classes, in an attempt to mitigate risk and seek returns. The CS ESG Macro 5 Index also aims to maintain 5% volatility.
*The Participation Rates for the CS Momentum Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies, provided that Sentinel Security Life Insurance Company continues to have access to the CS Momentum Index. The Participation Rates for the CS ESG Macro 5 Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies, provided that Sentinel Security Life Insurance Company continues to have access to the CS ESG Macro 5 Index.
The CS Momentum Index is a global multi-asset index that dynamically allocates across its components using a unique and flexible momentum-driven strategy with risk-adjusted weightings. The CS Momentum Index was designed to adapt to various market conditions and generate consistent returns over time.
The risk-monitored CS Momentum Index can create value for your annuity in all market types (rising, falling, or remaining the same) by taking long positions (buying) in components exhibiting the strongest trends and short positions (selling) in components with weaker trends.
Access to the CS Momentum Index is exclusive to buyers of the Accumulation Protector PlusSM Annuity. To learn more about this index, please read the CS Momentum Index brochure or visit: https://indices.credit-suisse.com/en/Description/id/CSEAMTM5.
The CS ESG Macro 5 Index, a global multi-asset index, applies an innovative strategy that combines environment, social and governance (ESG) equity components with macro components, while a risk control mechanism targets a 5% index volatility. The CS ESG Macro 5 Index uses a daily adjustment aimed at stabilizing performance and generating consistent returns over time.
With the ESG component, your annuity has exposure to a risk-weighted basket of four MSCI ESG Indices that focus on regional activities considered positive for the environment, society, that are not subject to controversy and that display the highest ESG scores as computed by MSCI.
The framework of the CS ESG Macro 5 Index uses diversification as an approach to create value for your annuity by seeking returns across various market environments while mitigating risk exposure.
Access to the CS ESG Macro 5 Index is exclusive to buyers of the Accumulation Protector PlusSM Annuity. To learn more about this index, please read the CS ESG Macro 5 Index brochure or visit: https://indices.credit-suisse.com/CSEAGESG
Whether the market goes up, down, or remains the same, your principal is guaranteed not to decrease* due to market performance and is protected through the APP’s Fixed and Indexed Accounts.
You do not lose money, including interest earned during previous crediting periods, if the index value drops because your money is allocated to the annuity itself rather than directly to the index (or indices).
*If Rate Enhancement Rider is purchased, principal will not decrease due to market performance but could decrease due to the rider fee.
You have the flexibility to choose how your single premium is allocated across eleven crediting strategies. These crediting strategies include a Fixed Account and ten Indexed Accounts linked to three indices, the CS Momentum Index, the CS ESG Macro 5 Index, and the S&P 500® Index. We know that your life and needs are ever evolving, and that is why you can adjust your allocations on the contract anniversary coinciding with the end of each strategy’s crediting period. At that time, you may allocate to any available strategy for a new crediting period of one, two or three years.
The crediting periods for the Accumulation Protector PlusSM Annuity’s crediting strategies range from one, two, or three years. The crediting strategies include a Fixed Rate account, Trigger Rate account, and several Point-to-Point with Participation Rate or Cap Rate accounts. A Point-to-Point strategy measures the difference in the index’s value on each contract anniversary, comparing it to the value of the index either a year earlier, two years earlier, or three years earlier, depending on the option you choose.
In the second contract year, the Accumulation Protector PlusSM Annuity allows you to withdraw up to 5% of your Account Value or your Required Minimum Distribution, whichever greater. With the purchase of the Rate Enhancement Rider, this 5% increases to 10%.
The Rate Enhancement Rider is a fantastic feature to add to your annuity if you want to take your accumulation power to the next level! This rider increases the amount available for free withdrawal from 5% to 10% of your annuity’s Account Value. Additionally, this rider gives you a better opportunity to earn more interest as it increases the Fixed, Participation, and Cap rates across your annuity’s crediting strategies. Increasing the Participation and Cap Rates offers potential to substantially benefit from the index’s upside, because your premium has access to a larger percentage of an index’s growth.
There is a fee with the purchase of the rider. Please refer to Our Products page for the current rates and fees.
The Accumulation Protector PlusSM Annuity offers a 110% Return of Premium (ROP) Guarantee if the Rate Enhancement Rider is purchased and the contract persists to year 10. The premium is adjusted for withdrawals.
In all states other than Florida, annuity payments may begin after the fifth contract year. In Florida, annuity payments may begin after the first contract year.
The Death Benefit Feature protects your beneficiary. For contracts issued in all states other than California, if you pass away before receiving any proceeds*, other than a Withdrawal, the amount payable to your beneficiary(ies) is equal to the greater of the Account Value less any Non-Vested Premium Bonus or the Minimum Guaranteed Surrender Value determined as of the date of death.
For contracts issued in the state of California, the death benefit payable to your beneficiary(ies) is equal to the greater of the Account Value or the Minimum Guaranteed Surrender Value determined as of the date of death.
No withdrawal charges apply to death benefits, and there are several settlement options available to your beneficiary if you pass away:
*Proceeds are defined as the amount payable when: (1) the Owner surrenders their Contract; (2) the Contract matures; or (3) a Settlement Option is elected through the Early Payout Feature.
Lifetime Income Only
With this option, the annuitant receives equal monthly payments for the rest of their lifetime. Payments will end with the payment due just before the annuitant’s death. No death benefit is payable with this option.
Period Certain Only
This settlement option guarantees equal monthly payments for a specified period, between 10 years and 20 years. After the fifth contract year, you may request a specific period, with guaranteed equal monthly payments, between 5 years and 20 years. If the annuitant dies before payments have been made for the specified period, the beneficiary will receive remaining payments for the specified period.
Lifetime Income with Guaranteed Period Certain
This settlement option provides equal monthly payments for the greater of the annuitant’s remaining lifetime or a specified period of time. If the annuitant dies after payments have been made for the specified period, payments end with the payment due just before the annuitant’s death.
The APP Annuity offers a diversified set of fixed and indexed crediting strategies with 1, 2 or 3 year periods that allow you and your advisor to choose the accounts and periods that most align with your goals. Additionally, you can adjust the allocations on the contract anniversary, coinciding with the end of the crediting period, to continue to meet your changing needs.
The highly flexible APP allows you to continue your annuity – even after the 10-year surrender period ends. You also have the option to withdraw a portion or all of your account value or apply a settlement option to receive annuity payments over time.
When you purchase the Accumulation Protector PlusSM Annuity you will receive a one-time premium bonus of 10%. The premium bonus is immediately credited to your account, increasing the value of your account and giving you the opportunity to earn additional interest. Your premium bonus and affiliated interest can be accessed subject to your vesting schedule. The vesting schedule applies for 10 contract years, in which the amount of vested premium bonus gradually increases from 0% to 100% vested.
The Accumulation Protector PlusSM Annuity can be a wonderful growth vehicle for those looking to accumulate wealth and protect their retirement income.
If the below sounds like you, the Accumulation Protector PlusSM Annuity may be the addition you have been searching for!
There is a fee with the purchase of the rider. Please refer to Our Products page for the current rates and fees.
Is the Accumulation Protector PlusSM Annuity Right for You?
The Accumulation Protector PlusSM Annuity (APP) is a fixed indexed annuity designed to both accumulate wealth, and protect it against future market downturns. With access to its exclusive and flexible crediting strategies, the APP offers protection and growth potential in any market.*
*The Accumulation Protector PlusSM (APP) Annuity offers growth potential whether the market goes up, down, or remains the same.
The APP Annuity is distinct in the industry because it gives contract holders exclusive access to two Credit Suisse Indices: The CS Momentum Index (Bloomberg: CSEAMTM5) and the CS ESG Macro 5 Index (Bloomberg: CSEAGESG). Both the CS Momentum Index and the CS ESG Macro 5 Index have unique 10 year guarantee of participation rates. The Participation Rates for the CS Momentum Index and the CS ESG Macro 5 Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies.*
The APP Annuity’s CS Momentum Index crediting strategies are distinctive in the insurance industry as they give contract holders the ability to accumulate wealth in both bull and bear markets. The risk-monitored CS Momentum Index diversifies its underlying components across equities, bonds and commodities in four global regions. Implementing a momentum-driven strategy, the CS Momentum Index takes long positions in components exhibiting the strongest trends and takes short positions in components with weaker trends. This investment approach, coupled with the stable framework of the APP Annuity, gives contract holders an opportunity to grow their premium during turbulent economic environments.
Additionally, the CS ESG Macro 5 Index was designed to provide consistent returns. The unique diversification framework of the CS ESG Macro 5 Index offers exposure to ESG components and macro components, across different regions and asset classes, in an attempt to mitigate risk and seek returns. The CS ESG Macro 5 Index also aims to maintain 5% volatility.
*The Participation Rates for the CS Momentum Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies, provided that Sentinel Security Life Insurance Company continues to have access to the CS Momentum Index. The Participation Rates for the CS ESG Macro 5 Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies, provided that Sentinel Security Life Insurance Company continues to have access to the CS ESG Macro 5 Index.
The CS Momentum Index is a global multi-asset index that dynamically allocates across its components using a unique and flexible momentum-driven strategy with risk-adjusted weightings. The CS Momentum Index was designed to adapt to various market conditions and generate consistent returns over time.
The risk-monitored CS Momentum Index can create value for your annuity in all market types (rising, falling, or remaining the same) by taking long positions (buying) in components exhibiting the strongest trends and short positions (selling) in components with weaker trends.
Access to the CS Momentum Index is exclusive to buyers of the Accumulation Protector PlusSM Annuity. To learn more about this index, please read the CS Momentum Index brochure or visit: https://indices.credit-suisse.com/en/Description/id/CSEAMTM5.
The CS ESG Macro 5 Index, a global multi-asset index, applies an innovative strategy that combines environment, social and governance (ESG) equity components with macro components, while a risk control mechanism targets a 5% index volatility. The CS ESG Macro 5 Index uses a daily adjustment aimed at stabilizing performance and generating consistent returns over time.
With the ESG component, your annuity has exposure to a risk-weighted basket of four MSCI ESG Indices that focus on regional activities considered positive for the environment, society, that are not subject to controversy and that display the highest ESG scores as computed by MSCI.
The framework of the CS ESG Macro 5 Index uses diversification as an approach to create value for your annuity by seeking returns across various market environments while mitigating risk exposure.
Access to the CS ESG Macro 5 Index is exclusive to buyers of the Accumulation Protector PlusSM Annuity. To learn more about this index, please read the CS ESG Macro 5 Index brochure or visit: https://indices.credit-suisse.com/CSEAGESG
Whether the market goes up, down, or remains the same, your principal is guaranteed not to decrease* due to market performance and is protected through the APP’s Fixed and Indexed Accounts.
You do not lose money, including interest earned during previous crediting periods, if the index value drops because your money is allocated to the annuity itself rather than directly to the index (or indices).
*If Rate Enhancement Rider is purchased, principal will not decrease due to market performance but could decrease due to the rider fee.
You have the flexibility to choose how your single premium is allocated across eleven crediting strategies. These crediting strategies include a Fixed Account and ten Indexed Accounts linked to three indices, the CS Momentum Index, the CS ESG Macro 5 Index, and the S&P 500® Index. We know that your life and needs are ever evolving, and that is why you can adjust your allocations on the contract anniversary coinciding with the end of each strategy’s crediting period. At that time, you may allocate to any available strategy for a new crediting period of one, two or three years.
The crediting periods for the Accumulation Protector PlusSM Annuity’s crediting strategies range from one, two, or three years. The crediting strategies include a Fixed Rate account, Trigger Rate account, and several Point-to-Point with Participation Rate or Cap Rate accounts. A Point-to-Point strategy measures the difference in the index’s value on each contract anniversary, comparing it to the value of the index either a year earlier, two years earlier, or three years earlier, depending on the option you choose.
In the second contract year, the Accumulation Protector PlusSM Annuity allows you to withdraw up to 5% of your Account Value or your Required Minimum Distribution, whichever greater. With the purchase of the Rate Enhancement Rider, this 5% increases to 10%.
The Rate Enhancement Rider is a fantastic feature to add to your annuity if you want to take your accumulation power to the next level! This rider increases the amount available for free withdrawal from 5% to 10% of your annuity’s Account Value. Additionally, this rider gives you a better opportunity to earn more interest as it increases the Fixed, Participation, and Cap rates across your annuity’s crediting strategies. Increasing the Participation and Cap Rates offers potential to substantially benefit from the index’s upside, because your premium has access to a larger percentage of an index’s growth.
There is a fee with the purchase of the rider. Please refer to Our Products page for the current rates and fees.
The Accumulation Protector PlusSM Annuity offers a 110% Return of Premium (ROP) Guarantee if the Rate Enhancement Rider is purchased and the contract persists to year 10. The premium is adjusted for withdrawals.
In all states other than Florida, annuity payments may begin after the fifth contract year. In Florida, annuity payments may begin after the first contract year.
The Death Benefit Feature protects your beneficiary. For contracts issued in all states other than California, if you pass away before receiving any proceeds*, other than a Withdrawal, the amount payable to your beneficiary(ies) is equal to the greater of the Account Value less any Non-Vested Premium Bonus or the Minimum Guaranteed Surrender Value determined as of the date of death.
For contracts issued in the state of California, the death benefit payable to your beneficiary(ies) is equal to the greater of the Account Value or the Minimum Guaranteed Surrender Value determined as of the date of death.
No withdrawal charges apply to death benefits, and there are several settlement options available to your beneficiary if you pass away:
*Proceeds are defined as the amount payable when: (1) the Owner surrenders their Contract; (2) the Contract matures; or (3) a Settlement Option is elected through the Early Payout Feature.
Lifetime Income Only
With this option, the annuitant receives equal monthly payments for the rest of their lifetime. Payments will end with the payment due just before the annuitant’s death. No death benefit is payable with this option.
Period Certain Only
This settlement option guarantees equal monthly payments for a specified period, between 10 years and 20 years. After the fifth contract year, you may request a specific period, with guaranteed equal monthly payments, between 5 years and 20 years. If the annuitant dies before payments have been made for the specified period, the beneficiary will receive remaining payments for the specified period.
Lifetime Income with Guaranteed Period Certain
This settlement option provides equal monthly payments for the greater of the annuitant’s remaining lifetime or a specified period of time. If the annuitant dies after payments have been made for the specified period, payments end with the payment due just before the annuitant’s death.
If you are diagnosed with a terminal illness or need to move into a nursing home, you can make a full surrender or partial withdrawal with no Market Value Adjustment, Surrender Charge, or loss of any applicable Non-Vested Premium Bonus under certain conditions.*
*This feature is not available in the state of California.
The highly flexible APP allows you to continue your annuity – even after the 10-year surrender period ends. You also have the option to withdraw a portion or all of your account value or apply a settlement option to receive annuity payments over time.
When you purchase the Accumulation Protector PlusSM Annuity you will receive a one-time premium bonus of 10%. The premium bonus is immediately credited to your account, increasing the value of your account and giving you the opportunity to earn additional interest. Your premium bonus and affiliated interest can be accessed subject to your vesting schedule. The vesting schedule applies for 10 contract years, in which the amount of vested premium bonus gradually increases from 0% to 100% vested.
The Accumulation Protector PlusSM Annuity can be a wonderful growth vehicle for those looking to accumulate wealth and protect their retirement income.
If the below sounds like you, the Accumulation Protector PlusSM Annuity may be the addition you have been searching for!
There is a fee with the purchase of the rider. Please refer to Our Products page for the current rates and fees.
Is the Accumulation Protector PlusSM Annuity Right for You?
The Accumulation Protector PlusSM Annuity (APP) is a fixed indexed annuity designed to both accumulate wealth, and protect it against future market downturns. With access to its exclusive and flexible crediting strategies, the APP offers protection and growth potential in any market.*
*The Accumulation Protector PlusSM (APP) Annuity offers growth potential whether the market goes up, down, or remains the same.
The APP Annuity is distinct in the industry because it gives contract holders exclusive access to two Credit Suisse Indices: The CS Momentum Index (Bloomberg: CSEAMTM5) and the CS ESG Macro 5 Index (Bloomberg: CSEAGESG). Both the CS Momentum Index and the CS ESG Macro 5 Index have unique 10 year guarantee of participation rates. The Participation Rates for the CS Momentum Index and the CS ESG Macro 5 Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies.*
The APP Annuity’s CS Momentum Index crediting strategies are distinctive in the insurance industry as they give contract holders the ability to accumulate wealth in both bull and bear markets. The risk-monitored CS Momentum Index diversifies its underlying components across equities, bonds and commodities in four global regions. Implementing a momentum-driven strategy, the CS Momentum Index takes long positions in components exhibiting the strongest trends and takes short positions in components with weaker trends. This investment approach, coupled with the stable framework of the APP Annuity, gives contract holders an opportunity to grow their premium during turbulent economic environments.
Additionally, the CS ESG Macro 5 Index was designed to provide consistent returns. The unique diversification framework of the CS ESG Macro 5 Index offers exposure to ESG components and macro components, across different regions and asset classes, in an attempt to mitigate risk and seek returns. The CS ESG Macro 5 Index also aims to maintain 5% volatility.
*The Participation Rates for the CS Momentum Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies, provided that Sentinel Security Life Insurance Company continues to have access to the CS Momentum Index. The Participation Rates for the CS ESG Macro 5 Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies, provided that Sentinel Security Life Insurance Company continues to have access to the CS ESG Macro 5 Index.
The CS Momentum Index is a global multi-asset index that dynamically allocates across its components using a unique and flexible momentum-driven strategy with risk-adjusted weightings. The CS Momentum Index was designed to adapt to various market conditions and generate consistent returns over time.
The risk-monitored CS Momentum Index can create value for your annuity in all market types (rising, falling, or remaining the same) by taking long positions (buying) in components exhibiting the strongest trends and short positions (selling) in components with weaker trends.
Access to the CS Momentum Index is exclusive to buyers of the Accumulation Protector PlusSM Annuity. To learn more about this index, please read the CS Momentum Index brochure or visit: https://indices.credit-suisse.com/en/Description/id/CSEAMTM5.
The CS ESG Macro 5 Index, a global multi-asset index, applies an innovative strategy that combines environment, social and governance (ESG) equity components with macro components, while a risk control mechanism targets a 5% index volatility. The CS ESG Macro 5 Index uses a daily adjustment aimed at stabilizing performance and generating consistent returns over time.
With the ESG component, your annuity has exposure to a risk-weighted basket of four MSCI ESG Indices that focus on regional activities considered positive for the environment, society, that are not subject to controversy and that display the highest ESG scores as computed by MSCI.
The framework of the CS ESG Macro 5 Index uses diversification as an approach to create value for your annuity by seeking returns across various market environments while mitigating risk exposure.
Access to the CS ESG Macro 5 Index is exclusive to buyers of the Accumulation Protector PlusSM Annuity. To learn more about this index, please read the CS ESG Macro 5 Index brochure or visit: https://indices.credit-suisse.com/CSEAGESG
Whether the market goes up, down, or remains the same, your principal is guaranteed not to decrease* due to market performance and is protected through the APP’s Fixed and Indexed Accounts.
You do not lose money, including interest earned during previous crediting periods, if the index value drops because your money is allocated to the annuity itself rather than directly to the index (or indices).
*If Rate Enhancement Rider is purchased, principal will not decrease due to market performance but could decrease due to the rider fee.
You have the flexibility to choose how your single premium is allocated across eleven crediting strategies. These crediting strategies include a Fixed Account and ten Indexed Accounts linked to three indices, the CS Momentum Index, the CS ESG Macro 5 Index, and the S&P 500® Index. We know that your life and needs are ever evolving, and that is why you can adjust your allocations on the contract anniversary coinciding with the end of each strategy’s crediting period. At that time, you may allocate to any available strategy for a new crediting period of one, two or three years.
The crediting periods for the Accumulation Protector PlusSM Annuity’s crediting strategies range from one, two, or three years. The crediting strategies include a Fixed Rate account, Trigger Rate account, and several Point-to-Point with Participation Rate or Cap Rate accounts. A Point-to-Point strategy measures the difference in the index’s value on each contract anniversary, comparing it to the value of the index either a year earlier, two years earlier, or three years earlier, depending on the option you choose.
In the second contract year, the Accumulation Protector PlusSM Annuity allows you to withdraw up to 5% of your Account Value or your Required Minimum Distribution, whichever greater. With the purchase of the Rate Enhancement Rider, this 5% increases to 10%.
The Rate Enhancement Rider is a fantastic feature to add to your annuity if you want to take your accumulation power to the next level! This rider increases the amount available for free withdrawal from 5% to 10% of your annuity’s Account Value. Additionally, this rider gives you a better opportunity to earn more interest as it increases the Fixed, Participation, and Cap rates across your annuity’s crediting strategies. Increasing the Participation and Cap Rates offers potential to substantially benefit from the index’s upside, because your premium has access to a larger percentage of an index’s growth.
There is a fee with the purchase of the rider. Please refer to Our Products page for the current rates and fees.
The Accumulation Protector PlusSM Annuity offers a 110% Return of Premium (ROP) Guarantee if the Rate Enhancement Rider is purchased and the contract persists to year 10. The premium is adjusted for withdrawals.
In all states other than Florida, annuity payments may begin after the fifth contract year. In Florida, annuity payments may begin after the first contract year.
The Death Benefit Feature protects your beneficiary. For contracts issued in all states other than California, if you pass away before receiving any proceeds*, other than a Withdrawal, the amount payable to your beneficiary(ies) is equal to the greater of the Account Value less any Non-Vested Premium Bonus or the Minimum Guaranteed Surrender Value determined as of the date of death.
For contracts issued in the state of California, the death benefit payable to your beneficiary(ies) is equal to the greater of the Account Value or the Minimum Guaranteed Surrender Value determined as of the date of death.
No withdrawal charges apply to death benefits, and there are several settlement options available to your beneficiary if you pass away:
*Proceeds are defined as the amount payable when: (1) the Owner surrenders their Contract; (2) the Contract matures; or (3) a Settlement Option is elected through the Early Payout Feature.
Lifetime Income Only
With this option, the annuitant receives equal monthly payments for the rest of their lifetime. Payments will end with the payment due just before the annuitant’s death. No death benefit is payable with this option.
Period Certain Only
This settlement option guarantees equal monthly payments for a specified period, between 10 years and 20 years. After the fifth contract year, you may request a specific period, with guaranteed equal monthly payments, between 5 years and 20 years. If the annuitant dies before payments have been made for the specified period, the beneficiary will receive remaining payments for the specified period.
Lifetime Income with Guaranteed Period Certain
This settlement option provides equal monthly payments for the greater of the annuitant’s remaining lifetime or a specified period of time. If the annuitant dies after payments have been made for the specified period, payments end with the payment due just before the annuitant’s death.
If you are diagnosed with a terminal illness or need to move into a nursing home, you can make a full surrender or partial withdrawal with no Market Value Adjustment, Surrender Charge, or loss of any applicable Non-Vested Premium Bonus under certain conditions.*
*This feature is not available in the state of California.
When you purchase the Accumulation Protector PlusSM Annuity you will receive a one-time premium bonus of 10%. The premium bonus is immediately credited to your account, increasing the value of your account and giving you the opportunity to earn additional interest. Your premium bonus and affiliated interest can be accessed subject to your vesting schedule. The vesting schedule applies for 10 contract years, in which the amount of vested premium bonus gradually increases from 0% to 100% vested.
The Accumulation Protector PlusSM Annuity can be a wonderful growth vehicle for those looking to accumulate wealth and protect their retirement income.
If the below sounds like you, the Accumulation Protector PlusSM Annuity may be the addition you have been searching for!
There is a fee with the purchase of the rider. Please refer to Our Products page for the current rates and fees.
Is the Accumulation Protector PlusSM Annuity Right for You?
When you purchase the Accumulation Protector PlusSM Annuity you will receive a one-time premium bonus of 10%. The premium bonus is immediately credited to your account, increasing the value of your account and giving you the opportunity to earn additional interest. Your premium bonus and affiliated interest can be accessed subject to your vesting schedule. The vesting schedule applies for 10 contract years, in which the amount of vested premium bonus gradually increases from 0% to 100% vested.
The Accumulation Protector PlusSM Annuity (APP) is a fixed indexed annuity designed to both accumulate wealth, and protect it against future market downturns. With access to its exclusive and flexible crediting strategies, the APP offers protection and growth potential in any market.*
*The Accumulation Protector PlusSM (APP) Annuity offers growth potential whether the market goes up, down, or remains the same.
The APP Annuity is distinct in the industry because it gives contract holders exclusive access to two Credit Suisse Indices: The CS Momentum Index (Bloomberg: CSEAMTM5) and the CS ESG Macro 5 Index (Bloomberg: CSEAGESG). Both the CS Momentum Index and the CS ESG Macro 5 Index have unique 10 year guarantee of participation rates. The Participation Rates for the CS Momentum Index and the CS ESG Macro 5 Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies.*
The APP Annuity’s CS Momentum Index crediting strategies are distinctive in the insurance industry as they give contract holders the ability to accumulate wealth in both bull and bear markets. The risk-monitored CS Momentum Index diversifies its underlying components across equities, bonds and commodities in four global regions. Implementing a momentum-driven strategy, the CS Momentum Index takes long positions in components exhibiting the strongest trends and takes short positions in components with weaker trends. This investment approach, coupled with the stable framework of the APP Annuity, gives contract holders an opportunity to grow their premium during turbulent economic environments.
Additionally, the CS ESG Macro 5 Index was designed to provide consistent returns. The unique diversification framework of the CS ESG Macro 5 Index offers exposure to ESG components and macro components, across different regions and asset classes, in an attempt to mitigate risk and seek returns. The CS ESG Macro 5 Index also aims to maintain 5% volatility.
*The Participation Rates for the CS Momentum Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies, provided that Sentinel Security Life Insurance Company continues to have access to the CS Momentum Index. The Participation Rates for the CS ESG Macro 5 Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies, provided that Sentinel Security Life Insurance Company continues to have access to the CS ESG Macro 5 Index.
The CS Momentum Index is a global multi-asset index that dynamically allocates across its components using a unique and flexible momentum-driven strategy with risk-adjusted weightings. The CS Momentum Index was designed to adapt to various market conditions and generate consistent returns over time.
The risk-monitored CS Momentum Index can create value for your annuity in all market types (rising, falling, or remaining the same) by taking long positions (buying) in components exhibiting the strongest trends and short positions (selling) in components with weaker trends.
Access to the CS Momentum Index is exclusive to buyers of the Accumulation Protector PlusSM Annuity. To learn more about this index, please read the CS Momentum Index brochure or visit: https://indices.credit-suisse.com/en/Description/id/CSEAMTM5.
The CS ESG Macro 5 Index, a global multi-asset index, applies an innovative strategy that combines environment, social and governance (ESG) equity components with macro components, while a risk control mechanism targets a 5% index volatility. The CS ESG Macro 5 Index uses a daily adjustment aimed at stabilizing performance and generating consistent returns over time.
With the ESG component, your annuity has exposure to a risk-weighted basket of four MSCI ESG Indices that focus on regional activities considered positive for the environment, society, that are not subject to controversy and that display the highest ESG scores as computed by MSCI.
The framework of the CS ESG Macro 5 Index uses diversification as an approach to create value for your annuity by seeking returns across various market environments while mitigating risk exposure.
Access to the CS ESG Macro 5 Index is exclusive to buyers of the Accumulation Protector PlusSM Annuity. To learn more about this index, please read the CS ESG Macro 5 Index brochure or visit: https://indices.credit-suisse.com/CSEAGESG
Whether the market goes up, down, or remains the same, your principal is guaranteed not to decrease* due to market performance and is protected through the APP’s Fixed and Indexed Accounts.
You do not lose money, including interest earned during previous crediting periods, if the index value drops because your money is allocated to the annuity itself rather than directly to the index (or indices).
*If Rate Enhancement Rider is purchased, principal will not decrease due to market performance but could decrease due to the rider fee.
You have the flexibility to choose how your single premium is allocated across eleven crediting strategies. These crediting strategies include a Fixed Account and ten Indexed Accounts linked to three indices, the CS Momentum Index, the CS ESG Macro 5 Index, and the S&P 500® Index. We know that your life and needs are ever evolving, and that is why you can adjust your allocations on the contract anniversary coinciding with the end of each strategy’s crediting period. At that time, you may allocate to any available strategy for a new crediting period of one, two or three years.
The crediting periods for the Accumulation Protector PlusSM Annuity’s crediting strategies range from one, two, or three years. The crediting strategies include a Fixed Rate account, Trigger Rate account, and several Point-to-Point with Participation Rate or Cap Rate accounts. A Point-to-Point strategy measures the difference in the index’s value on each contract anniversary, comparing it to the value of the index either a year earlier, two years earlier, or three years earlier, depending on the option you choose.
In the second contract year, the Accumulation Protector PlusSM Annuity allows you to withdraw up to 5% of your Account Value or your Required Minimum Distribution, whichever greater. With the purchase of the Rate Enhancement Rider, this 5% increases to 10%.
The Rate Enhancement Rider is a fantastic feature to add to your annuity if you want to take your accumulation power to the next level! This rider increases the amount available for free withdrawal from 5% to 10% of your annuity’s Account Value. Additionally, this rider gives you a better opportunity to earn more interest as it increases the Fixed, Participation, and Cap rates across your annuity’s crediting strategies. Increasing the Participation and Cap Rates offers potential to substantially benefit from the index’s upside, because your premium has access to a larger percentage of an index’s growth.
There is a fee with the purchase of the rider. Please refer to Our Products page for the current rates and fees.
The Accumulation Protector PlusSM Annuity offers a 110% Return of Premium (ROP) Guarantee if the Rate Enhancement Rider is purchased and the contract persists to year 10. The premium is adjusted for withdrawals.
In all states other than Florida, annuity payments may begin after the fifth contract year. In Florida, annuity payments may begin after the first contract year.
The Death Benefit Feature protects your beneficiary. For contracts issued in all states other than California, if you pass away before receiving any proceeds*, other than a Withdrawal, the amount payable to your beneficiary(ies) is equal to the greater of the Account Value less any Non-Vested Premium Bonus or the Minimum Guaranteed Surrender Value determined as of the date of death.
For contracts issued in the state of California, the death benefit payable to your beneficiary(ies) is equal to the greater of the Account Value or the Minimum Guaranteed Surrender Value determined as of the date of death.
No withdrawal charges apply to death benefits, and there are several settlement options available to your beneficiary if you pass away:
*Proceeds are defined as the amount payable when: (1) the Owner surrenders their Contract; (2) the Contract matures; or (3) a Settlement Option is elected through the Early Payout Feature.
Lifetime Income Only
With this option, the annuitant receives equal monthly payments for the rest of their lifetime. Payments will end with the payment due just before the annuitant’s death. No death benefit is payable with this option.
Period Certain Only
This settlement option guarantees equal monthly payments for a specified period, between 10 years and 20 years. After the fifth contract year, you may request a specific period, with guaranteed equal monthly payments, between 5 years and 20 years. If the annuitant dies before payments have been made for the specified period, the beneficiary will receive remaining payments for the specified period.
Lifetime Income with Guaranteed Period Certain
This settlement option provides equal monthly payments for the greater of the annuitant’s remaining lifetime or a specified period of time. If the annuitant dies after payments have been made for the specified period, payments end with the payment due just before the annuitant’s death.
If you are diagnosed with a terminal illness or need to move into a nursing home, you can make a full surrender or partial withdrawal with no Market Value Adjustment, Surrender Charge, or loss of any applicable Non-Vested Premium Bonus under certain conditions.*
*This feature is not available in the state of California.
The APP Annuity offers a diversified set of fixed and indexed crediting strategies with 1, 2 or 3 year periods that allow you and your advisor to choose the accounts and periods that most align with your goals. Additionally, you can adjust the allocations on the contract anniversary, coinciding with the end of the crediting period, to continue to meet your changing needs.
The highly flexible APP allows you to continue your annuity – even after the 10-year surrender period ends. You also have the option to withdraw a portion or all of your account value or apply a settlement option to receive annuity payments over time.
The Accumulation Protector PlusSM Annuity can be a wonderful growth vehicle for those looking to accumulate wealth and protect their retirement income.
If the below sounds like you, the Accumulation Protector PlusSM Annuity may be the addition you have been searching for!
There is a fee with the purchase of the rider. Please refer to Our Products page for the current rates and fees.
Is the Accumulation Protector PlusSM Annuity Right for You?
The Accumulation Protector PlusSM Annuity (APP) is a fixed indexed annuity designed to both accumulate wealth, and protect it against future market downturns. With access to its exclusive and flexible crediting strategies, the APP offers protection and growth potential in any market.*
*The Accumulation Protector PlusSM (APP) Annuity offers growth potential whether the market goes up, down, or remains the same.
The APP Annuity is distinct in the industry because it gives contract holders exclusive access to two Credit Suisse Indices: The CS Momentum Index (Bloomberg: CSEAMTM5) and the CS ESG Macro 5 Index (Bloomberg: CSEAGESG). Both the CS Momentum Index and the CS ESG Macro 5 Index have unique 10 year guarantee of participation rates. The Participation Rates for the CS Momentum Index and the CS ESG Macro 5 Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies.*
The APP Annuity’s CS Momentum Index crediting strategies are distinctive in the insurance industry as they give contract holders the ability to accumulate wealth in both bull and bear markets. The risk-monitored CS Momentum Index diversifies its underlying components across equities, bonds and commodities in four global regions. Implementing a momentum-driven strategy, the CS Momentum Index takes long positions in components exhibiting the strongest trends and takes short positions in components with weaker trends. This investment approach, coupled with the stable framework of the APP Annuity, gives contract holders an opportunity to grow their premium during turbulent economic environments.
Additionally, the CS ESG Macro 5 Index was designed to provide consistent returns. The unique diversification framework of the CS ESG Macro 5 Index offers exposure to ESG components and macro components, across different regions and asset classes, in an attempt to mitigate risk and seek returns. The CS ESG Macro 5 Index also aims to maintain 5% volatility.
*The Participation Rates for the CS Momentum Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies, provided that Sentinel Security Life Insurance Company continues to have access to the CS Momentum Index. The Participation Rates for the CS ESG Macro 5 Index are guaranteed for 10 years with the selection of the One-year point-to-point or Two-year point-to-point crediting strategies, provided that Sentinel Security Life Insurance Company continues to have access to the CS ESG Macro 5 Index.
The CS Momentum Index is a global multi-asset index that dynamically allocates across its components using a unique and flexible momentum-driven strategy with risk-adjusted weightings. The CS Momentum Index was designed to adapt to various market conditions and generate consistent returns over time.
The risk-monitored CS Momentum Index can create value for your annuity in all market types (rising, falling, or remaining the same) by taking long positions (buying) in components exhibiting the strongest trends and short positions (selling) in components with weaker trends.
Access to the CS Momentum Index is exclusive to buyers of the Accumulation Protector PlusSM Annuity. To learn more about this index, please read the CS Momentum Index brochure or visit: https://indices.credit-suisse.com/en/Description/id/CSEAMTM5.
The CS ESG Macro 5 Index, a global multi-asset index, applies an innovative strategy that combines environment, social and governance (ESG) equity components with macro components, while a risk control mechanism targets a 5% index volatility. The CS ESG Macro 5 Index uses a daily adjustment aimed at stabilizing performance and generating consistent returns over time.
With the ESG component, your annuity has exposure to a risk-weighted basket of four MSCI ESG Indices that focus on regional activities considered positive for the environment, society, that are not subject to controversy and that display the highest ESG scores as computed by MSCI.
The framework of the CS ESG Macro 5 Index uses diversification as an approach to create value for your annuity by seeking returns across various market environments while mitigating risk exposure.
Access to the CS ESG Macro 5 Index is exclusive to buyers of the Accumulation Protector PlusSM Annuity. To learn more about this index, please read the CS ESG Macro 5 Index brochure or visit: https://indices.credit-suisse.com/CSEAGESG
Whether the market goes up, down, or remains the same, your principal is guaranteed not to decrease* due to market performance and is protected through the APP’s Fixed and Indexed Accounts.
You do not lose money, including interest earned during previous crediting periods, if the index value drops because your money is allocated to the annuity itself rather than directly to the index (or indices).
*If Rate Enhancement Rider is purchased, principal will not decrease due to market performance but could decrease due to the rider fee.
You have the flexibility to choose how your single premium is allocated across eleven crediting strategies. These crediting strategies include a Fixed Account and ten Indexed Accounts linked to three indices, the CS Momentum Index, the CS ESG Macro 5 Index, and the S&P 500® Index. We know that your life and needs are ever evolving, and that is why you can adjust your allocations on the contract anniversary coinciding with the end of each strategy’s crediting period. At that time, you may allocate to any available strategy for a new crediting period of one, two or three years.
The crediting periods for the Accumulation Protector PlusSM Annuity’s crediting strategies range from one, two, or three years. The crediting strategies include a Fixed Rate account, Trigger Rate account, and several Point-to-Point with Participation Rate or Cap Rate accounts. A Point-to-Point strategy measures the difference in the index’s value on each contract anniversary, comparing it to the value of the index either a year earlier, two years earlier, or three years earlier, depending on the option you choose.
In the second contract year, the Accumulation Protector PlusSM Annuity allows you to withdraw up to 5% of your Account Value or your Required Minimum Distribution, whichever greater. With the purchase of the Rate Enhancement Rider, this 5% increases to 10%.
The Rate Enhancement Rider is a fantastic feature to add to your annuity if you want to take your accumulation power to the next level! This rider increases the amount available for free withdrawal from 5% to 10% of your annuity’s Account Value. Additionally, this rider gives you a better opportunity to earn more interest as it increases the Fixed, Participation, and Cap rates across your annuity’s crediting strategies. Increasing the Participation and Cap Rates offers potential to substantially benefit from the index’s upside, because your premium has access to a larger percentage of an index’s growth.
There is a fee with the purchase of the rider. Please refer to Our Products page for the current rates and fees.
The Accumulation Protector PlusSM Annuity offers a 110% Return of Premium (ROP) Guarantee if the Rate Enhancement Rider is purchased and the contract persists to year 10. The premium is adjusted for withdrawals.
In all states other than Florida, annuity payments may begin after the fifth contract year. In Florida, annuity payments may begin after the first contract year.
The Death Benefit Feature protects your beneficiary. For contracts issued in all states other than California, if you pass away before receiving any proceeds*, other than a Withdrawal, the amount payable to your beneficiary(ies) is equal to the greater of the Account Value less any Non-Vested Premium Bonus or the Minimum Guaranteed Surrender Value determined as of the date of death.
For contracts issued in the state of California, the death benefit payable to your beneficiary(ies) is equal to the greater of the Account Value or the Minimum Guaranteed Surrender Value determined as of the date of death.
No withdrawal charges apply to death benefits, and there are several settlement options available to your beneficiary if you pass away:
*Proceeds are defined as the amount payable when: (1) the Owner surrenders their Contract; (2) the Contract matures; or (3) a Settlement Option is elected through the Early Payout Feature.
Lifetime Income Only
With this option, the annuitant receives equal monthly payments for the rest of their lifetime. Payments will end with the payment due just before the annuitant’s death. No death benefit is payable with this option.
Period Certain Only
This settlement option guarantees equal monthly payments for a specified period, between 10 years and 20 years. After the fifth contract year, you may request a specific period, with guaranteed equal monthly payments, between 5 years and 20 years. If the annuitant dies before payments have been made for the specified period, the beneficiary will receive remaining payments for the specified period.
Lifetime Income with Guaranteed Period Certain
This settlement option provides equal monthly payments for the greater of the annuitant’s remaining lifetime or a specified period of time. If the annuitant dies after payments have been made for the specified period, payments end with the payment due just before the annuitant’s death.
If you are diagnosed with a terminal illness or need to move into a nursing home, you can make a full surrender or partial withdrawal with no Market Value Adjustment, Surrender Charge, or loss of any applicable Non-Vested Premium Bonus under certain conditions.*
*This feature is not available in the state of California.
The APP Annuity offers a diversified set of fixed and indexed crediting strategies with 1, 2 or 3 year periods that allow you and your advisor to choose the accounts and periods that most align with your goals. Additionally, you can adjust the allocations on the contract anniversary, coinciding with the end of the crediting period, to continue to meet your changing needs.
The highly flexible APP allows you to continue your annuity – even after the 10-year surrender period ends. You also have the option to withdraw a portion or all of your account value or apply a settlement option to receive annuity payments over time.
When you purchase the Accumulation Protector PlusSM Annuity you will receive a one-time premium bonus of 10%. The premium bonus is immediately credited to your account, increasing the value of your account and giving you the opportunity to earn additional interest. Your premium bonus and affiliated interest can be accessed subject to your vesting schedule. The vesting schedule applies for 10 contract years, in which the amount of vested premium bonus gradually increases from 0% to 100% vested.
The minimum premium required to open a GIA policy is $5,000. Anything over $1,000,000 requires a Home Office approval prior to application
Interest on the Initial Purchase Premium is calculated based off a participation rate of SOFR and recalculated every 3 months. The participation rate is guaranteed for the initial guarantee period of 1 years. After the initial guarantee period, the participation rate is subject to change on each contract year and is guaranteed for the contract year. Interest on Subsequent Purchase Premium is a fixed rate during the initial guarantee period of 1 years. After the initial guarantee period, Subsequent Purchase Premium will earn interest the same as the Initial Purchase Premium.
What is SOFR? The Secured Overnight Financing Rate, or SOFR, is a benchmark rate used throughout the world. The SOFR rate is published daily by the Federal Reserve Bank of New York and is based on overnight transactions in the U.S. Treasury repurchase agreement (repo) market.
During the first contract year of the Surrender Period, the RMD may be with withdrawn without any penalty on IRA funds. After the first contract year, 10% of the Purchase Premium may be withdrawn without any penalty each contract year. No penalties apply to any distribution or surrender after the Surrender Period.
Durring the Surrender Period, any withdrawal in excess of the penalty free amount will have Surrender charges, Market Value Adjustment and any non-vested premium bonuses apply. When you are applying for the GIA annuity, you may elect to have either a 10 year surrender period or a 14 year surrender period.
Once the surrender period is over there are no surrender charges, Market Value Adjustment, or any non-forfeiture of premium bonus. Your annuity will continue to earn interest defered until a death benefit is paid, withdrawal or surrender is processed, or request is made for guaranteed income to begin depending on the rider that is selected.
The GIA annuity does allow for withdrawals to be made without any penalty if you are confined to a Nursing Home for 90 consecutive days or been diagnosed with a medical condition which a physician certifies has reduced your life span to 12 months or less. *Restrictions may apply.
There are three riders that are available to be elected with the GIA annuity. One rider must be elected at the time of application. The three riders are:
The issue ages are dependent on the rider that is elected. The issue ages for each rider are as follow:
If the Legacy Benefit Rider or the Accumulation Benefit Rider are elected at the time of application, a premium bonus is deposited to the Accumulation Value and the Benefit Base Value.
Legacy Benefit Rider
Owner’s Issue Age | 10 Year Surrender Period | 14 Year Surrender Period |
Under 76 | 8% | 8% |
76-80 | 6% | 7% |
81-85 | 1% | 2% |
Accumulation Benefit Rider:
Owner’s Issue Age | 10 Year Surrender Period | 14 Year Surrender Period |
Under 76 | 8% | 10% |
76-80 | 6% | 7% |
81-85 | 6% | 6% |
*If the Guaranteed Lifetime Withdrawal Benefit Rider is elected, an 8% bonus is deposited to the Income Account Value. No Premium Bonus is deposited to the Accumulation Value with this rider.
A death claim is paid when any owner passes away. Each beneficiary would need to complete the Claim Form.
The entire Accumulation Value is paid to the beneficiary(ies) at time of death. Each beneficiary is able to elect one of the following options:
* Please see Legacy Benefit Rider and Accumulation Benefit Rider Inserts for more information regarding the Legacy Benefits.
With both the Guaranteed Lifetime Withdrawal Benefit Rider and the Accumulation Benefit Rider, the owner must be at least 50 years old before they may begin income payments.
Yes, after a waiting period, if you are ever unable to perform two of the six activities of daily living, you may request to double your income payments for up to 5 years. After 5 years, the income payments will go back to your original guaranteed amount.
You will continue to receive your guaranteed income payouts for the rest of your life, even if your account value is depleted completely.
Interest on the Initial Purchase Premium is calculated based off a participation rate of SOFR and recalculated every 3 months. The participation rate is guaranteed for the initial guarantee period of 1 years. After the initial guarantee period, the participation rate is subject to change on each contract year and is guaranteed for the contract year.
Interest on Subsequent Purchase Premium is a fixed rate during the initial guarantee period of 1 years. After the initial guarantee period, Subsequent Purchase Premium will earn interest the same as the Initial Purchase Premium.
The minimum premium required to open a GIA policy is $5,000. Anything over $1,000,000 requires a Home Office approval prior to application
Yes, additional premium may be added to the annuity during the first contract year.
The Secured Overnight Financing Rate, or SOFR, is a benchmark rate used throughout the world. The SOFR rate is published daily by the Federal Reserve Bank of New York and is based on overnight transactions in the U.S. Treasury repurchase agreement (repo) market.
During the first contract year of the Surrender Period, the RMD may be with withdrawn without any penalty on IRA funds. After the first contract year, 10% of the Purchase Premium may be withdrawn without any penalty each contract year. No penalties apply to any distribution or surrender after the Surrender Period.
Durring the Surrender Period, any withdrawal in excess of the penalty free amount will have Surrender charges, Market Value Adjustment and any non-vested premium bonuses apply. When you are applying for the GIA annuity, you may elect to have either a 10 year surrender period or a 14 year surrender period.
Once the surrender period is over there are no surrender charges, Market Value Adjustment, or any non-forfeiture of premium bonus. Your annuity will continue to earn interest defered until a death benefit is paid, withdrawal or surrender is processed, or request is made for guaranteed income to begin depending on the rider that is selected.
The GIA annuity does allow for withdrawals to be made without any penalty if you are confined to a Nursing Home for 90 consecutive days or been diagnosed with a medical condition which a physician certifies has reduced your life span to 12 months or less. *Restrictions may apply.
There are three riders that are available to be elected with the GIA annuity. One rider must be elected at the time of application. The three riders are:
The issue ages are dependent on the rider that is elected. The issue ages for each rider are as follow:
If the Legacy Benefit Rider or the Accumulation Benefit Rider are elected at the time of application, a premium bonus is deposited to the Accumulation Value and the Benefit Base Value.
Legacy Benefit Rider
Owner’s Issue Age | 10 Year Surrender Period | 14 Year Surrender Period |
Under 76 | 8% | 8% |
76-80 | 6% | 7% |
81-85 | 1% | 2% |
Accumulation Benefit Rider:
Owner’s Issue Age | 10 Year Surrender Period | 14 Year Surrender Period |
Under 76 | 8% | 10% |
76-80 | 6% | 7% |
81-85 | 6% | 6% |
*If the Guaranteed Lifetime Withdrawal Benefit Rider is elected, an 8% bonus is deposited to the Income Account Value. No Premium Bonus is deposited to the Accumulation Value with this rider.
A death claim is paid when any owner passes away. Each beneficiary would need to complete the Claim Form.
The entire Accumulation Value is paid to the beneficiary(ies) at time of death. Each beneficiary is able to elect one of the following options:
* Please see Legacy Benefit Rider and Accumulation Benefit Rider Inserts for more information regarding the Legacy Benefits.
With both the Guaranteed Lifetime Withdrawal Benefit Rider and the Accumulation Benefit Rider, the owner must be at least 50 years old before they may begin income payments.
Yes, after a waiting period, if you are ever unable to perform two of the six activities of daily living, you may request to double your income payments for up to 5 years. After 5 years, the income payments will go back to your original guaranteed amount.
You will continue to receive your guaranteed income payouts for the rest of your life, even if your account value is depleted completely.
The Secured Overnight Financing Rate, or SOFR, is a benchmark rate used throughout the world. The SOFR rate is published daily by the Federal Reserve Bank of New York and is based on overnight transactions in the U.S. Treasury repurchase agreement (repo) market.
The minimum premium required to open a GIA policy is $5,000. Anything over $1,000,000 requires a Home Office approval prior to application
Yes, additional premium may be added to the annuity during the first contract year.
Interest on the Initial Purchase Premium is calculated based off a participation rate of SOFR and recalculated every 3 months. The participation rate is guaranteed for the initial guarantee period of 1 years. After the initial guarantee period, the participation rate is subject to change on each contract year and is guaranteed for the contract year. Interest on Subsequent Purchase Premium is a fixed rate during the initial guarantee period of 1 years. After the initial guarantee period, Subsequent Purchase Premium will earn interest the same as the Initial Purchase Premium.
During the first contract year of the Surrender Period, the RMD may be with withdrawn without any penalty on IRA funds. After the first contract year, 10% of the Purchase Premium may be withdrawn without any penalty each contract year. No penalties apply to any distribution or surrender after the Surrender Period.
Durring the Surrender Period, any withdrawal in excess of the penalty free amount will have Surrender charges, Market Value Adjustment and any non-vested premium bonuses apply. When you are applying for the GIA annuity, you may elect to have either a 10 year surrender period or a 14 year surrender period.
Once the surrender period is over there are no surrender charges, Market Value Adjustment, or any non-forfeiture of premium bonus. Your annuity will continue to earn interest defered until a death benefit is paid, withdrawal or surrender is processed, or request is made for guaranteed income to begin depending on the rider that is selected.
The GIA annuity does allow for withdrawals to be made without any penalty if you are confined to a Nursing Home for 90 consecutive days or been diagnosed with a medical condition which a physician certifies has reduced your life span to 12 months or less. *Restrictions may apply.
There are three riders that are available to be elected with the GIA annuity. One rider must be elected at the time of application. The three riders are:
The issue ages are dependent on the rider that is elected. The issue ages for each rider are as follow:
If the Legacy Benefit Rider or the Accumulation Benefit Rider are elected at the time of application, a premium bonus is deposited to the Accumulation Value and the Benefit Base Value.
Legacy Benefit Rider
Owner’s Issue Age | 10 Year Surrender Period | 14 Year Surrender Period |
Under 76 | 8% | 8% |
76-80 | 6% | 7% |
81-85 | 1% | 2% |
Accumulation Benefit Rider:
Owner’s Issue Age | 10 Year Surrender Period | 14 Year Surrender Period |
Under 76 | 8% | 10% |
76-80 | 6% | 7% |
81-85 | 6% | 6% |
*If the Guaranteed Lifetime Withdrawal Benefit Rider is elected, an 8% bonus is deposited to the Income Account Value. No Premium Bonus is deposited to the Accumulation Value with this rider.
A death claim is paid when any owner passes away. Each beneficiary would need to complete the Claim Form.
The entire Accumulation Value is paid to the beneficiary(ies) at time of death. Each beneficiary is able to elect one of the following options:
* Please see Legacy Benefit Rider and Accumulation Benefit Rider Inserts for more information regarding the Legacy Benefits.
With both the Guaranteed Lifetime Withdrawal Benefit Rider and the Accumulation Benefit Rider, the owner must be at least 50 years old before they may begin income payments.
Yes, after a waiting period, if you are ever unable to perform two of the six activities of daily living, you may request to double your income payments for up to 5 years. After 5 years, the income payments will go back to your original guaranteed amount.
You will continue to receive your guaranteed income payouts for the rest of your life, even if your account value is depleted completely.
The minimum premium required to open a GIA policy is $5,000. Anything over $1,000,000 requires a Home Office approval prior to application
Yes, additional premium may be added to the annuity during the first contract year.
Interest on the Initial Purchase Premium is calculated based off a participation rate of LIBOR and recalculated every 3 months. The participation rate is guaranteed for the initial guarantee period of 2 years. After the initial guarantee period, the participation rate is subject to change on each contract year and is guaranteed for the that contract year. Interest on Subsequent Purchase Premium is a fixed rate during the initial guarantee period of 1 years. After the initial guarantee period, Subsequent Purchase Premium will earn interest the same as the Initial Purchase Premium.
The Secured Overnight Financing Rate, or SOFR, is a benchmark rate used throughout the world. The SOFR rate is published daily by the Federal Reserve Bank of New York and is based on overnight transactions in the U.S. Treasury repurchase agreement (repo) market.
Durring the Surrender Period, any withdrawal in excess of the penalty free amount will have Surrender charges, Market Value Adjustment and any non-vested premium bonuses apply. When you are applying for the GIA annuity, you may elect to have either a 10 year surrender period or a 14 year surrender period.
Once the surrender period is over there are no surrender charges, Market Value Adjustment, or any non-forfeiture of premium bonus. Your annuity will continue to earn interest defered until a death benefit is paid, withdrawal or surrender is processed, or request is made for guaranteed income to begin depending on the rider that is selected.
The GIA annuity does allow for withdrawals to be made without any penalty if you are confined to a Nursing Home for 90 consecutive days or been diagnosed with a medical condition which a physician certifies has reduced your life span to 12 months or less. *Restrictions may apply.
There are three riders that are available to be elected with the GIA annuity. One rider must be elected at the time of application. The three riders are:
The issue ages are dependent on the rider that is elected. The issue ages for each rider are as follow:
If the Legacy Benefit Rider or the Accumulation Benefit Rider are elected at the time of application, a premium bonus is deposited to the Accumulation Value and the Benefit Base Value.
Legacy Benefit Rider
Owner’s Issue Age | 10 Year Surrender Period | 14 Year Surrender Period |
Under 76 | 8% | 8% |
76-80 | 6% | 7% |
81-85 | 1% | 2% |
Accumulation Benefit Rider:
Owner’s Issue Age | 10 Year Surrender Period | 14 Year Surrender Period |
Under 76 | 8% | 10% |
76-80 | 6% | 7% |
81-85 | 6% | 6% |
*If the Guaranteed Lifetime Withdrawal Benefit Rider is elected, an 8% bonus is deposited to the Income Account Value. No Premium Bonus is deposited to the Accumulation Value with this rider.
A death claim is paid when any owner passes away. Each beneficiary would need to complete the Claim Form.
The entire Accumulation Value is paid to the beneficiary(ies) at time of death. Each beneficiary is able to elect one of the following options:
* Please see Legacy Benefit Rider and Accumulation Benefit Rider Inserts for more information regarding the Legacy Benefits.
With both the Guaranteed Lifetime Withdrawal Benefit Rider and the Accumulation Benefit Rider, the owner must be at least 50 years old before they may begin income payments.
Yes, after a waiting period, if you are ever unable to perform two of the six activities of daily living, you may request to double your income payments for up to 5 years. After 5 years, the income payments will go back to your original guaranteed amount.
You will continue to receive your guaranteed income payouts for the rest of your life, even if your account value is depleted completely.
The minimum premium required to open a GIA policy is $5,000. Anything over $1,000,000 requires a Home Office approval prior to application
Yes, additional premium may be added to the annuity during the first contract year.
Interest on the Initial Purchase Premium is calculated based off a participation rate of SOFR and recalculated every 3 months. The participation rate is guaranteed for the initial guarantee period of 1 years. After the initial guarantee period, the participation rate is subject to change on each contract year and is guaranteed for the contract year. Interest on Subsequent Purchase Premium is a fixed rate during the initial guarantee period of 1 years. After the initial guarantee period, Subsequent Purchase Premium will earn interest the same as the Initial Purchase Premium.
The Secured Overnight Financing Rate, or SOFR, is a benchmark rate used throughout the world. The SOFR rate is published daily by the Federal Reserve Bank of New York and is based on overnight transactions in the U.S. Treasury repurchase agreement (repo) market.
During the first contract year of the Surrender Period, the RMD may be with withdrawn without any penalty on IRA funds. After the first contract year, 10% of the Purchase Premium may be withdrawn without any penalty each contract year. No penalties apply to any distribution or surrender after the Surrender Period.
Once the surrender period is over there are no surrender charges, Market Value Adjustment, or any non-forfeiture of premium bonus. Your annuity will continue to earn interest defered until a death benefit is paid, withdrawal or surrender is processed, or request is made for guaranteed income to begin depending on the rider that is selected.
The GIA annuity does allow for withdrawals to be made without any penalty if you are confined to a Nursing Home for 90 consecutive days or been diagnosed with a medical condition which a physician certifies has reduced your life span to 12 months or less. *Restrictions may apply.
There are three riders that are available to be elected with the GIA annuity. One rider must be elected at the time of application. The three riders are:
The issue ages are dependent on the rider that is elected. The issue ages for each rider are as follow:
If the Legacy Benefit Rider or the Accumulation Benefit Rider are elected at the time of application, a premium bonus is deposited to the Accumulation Value and the Benefit Base Value.
Legacy Benefit Rider
Owner’s Issue Age | 10 Year Surrender Period | 14 Year Surrender Period |
Under 76 | 8% | 8% |
76-80 | 6% | 7% |
81-85 | 1% | 2% |
Accumulation Benefit Rider:
Owner’s Issue Age | 10 Year Surrender Period | 14 Year Surrender Period |
Under 76 | 8% | 10% |
76-80 | 6% | 7% |
81-85 | 6% | 6% |
*If the Guaranteed Lifetime Withdrawal Benefit Rider is elected, an 8% bonus is deposited to the Income Account Value. No Premium Bonus is deposited to the Accumulation Value with this rider.
A death claim is paid when any owner passes away. Each beneficiary would need to complete the Claim Form.
The entire Accumulation Value is paid to the beneficiary(ies) at time of death. Each beneficiary is able to elect one of the following options:
* Please see Legacy Benefit Rider and Accumulation Benefit Rider Inserts for more information regarding the Legacy Benefits.
With both the Guaranteed Lifetime Withdrawal Benefit Rider and the Accumulation Benefit Rider, the owner must be at least 50 years old before they may begin income payments.
Yes, after a waiting period, if you are ever unable to perform two of the six activities of daily living, you may request to double your income payments for up to 5 years. After 5 years, the income payments will go back to your original guaranteed amount.
You will continue to receive your guaranteed income payouts for the rest of your life, even if your account value is depleted completely.
The minimum premium required to open a GIA policy is $5,000. Anything over $1,000,000 requires a Home Office approval prior to application.
Yes, additional premium may be added to the annuity during the first contract year.
Interest on the Initial Purchase Premium is calculated based off a participation rate of SOFR and recalculated every 3 months. The participation rate is guaranteed for the initial guarantee period of 1 years. After the initial guarantee period, the participation rate is subject to change on each contract year and is guaranteed for the contract year. Interest on Subsequent Purchase Premium is a fixed rate during the initial guarantee period of 1 years. After the initial guarantee period, Subsequent Purchase Premium will earn interest the same as the Initial Purchase Premium.
The Secured Overnight Financing Rate, or SOFR, is a benchmark rate used throughout the world. The SOFR rate is published daily by the Federal Reserve Bank of New York and is based on overnight transactions in the U.S. Treasury repurchase agreement (repo) market.
During the first contract year of the Surrender Period, the RMD may be with withdrawn without any penalty on IRA funds. After the first contract year, 10% of the Purchase Premium may be withdrawn without any penalty each contract year. No penalties apply to any distribution or surrender after the Surrender Period.
Durring the Surrender Period, any withdrawal in excess of the penalty free amount will have Surrender charges, Market Value Adjustment and any non-vested premium bonuses apply. When you are applying for the GIA annuity, you may elect to have either a 10 year surrender period or a 14 year surrender period.
The GIA annuity does allow for withdrawals to be made without any penalty if you are confined to a Nursing Home for 90 consecutive days or been diagnosed with a medical condition which a physician certifies has reduced your life span to 12 months or less. *Restrictions may apply.
There are three riders that are available to be elected with the GIA annuity. One rider must be elected at the time of application. The three riders are:
The issue ages are dependent on the rider that is elected. The issue ages for each rider are as follow:
If the Legacy Benefit Rider or the Accumulation Benefit Rider are elected at the time of application, a premium bonus is deposited to the Accumulation Value and the Benefit Base Value.
Legacy Benefit Rider
Owner’s Issue Age | 10 Year Surrender Period | 14 Year Surrender Period |
Under 76 | 8% | 8% |
76-80 | 6% | 7% |
81-85 | 1% | 2% |
Accumulation Benefit Rider:
Owner’s Issue Age | 10 Year Surrender Period | 14 Year Surrender Period |
Under 76 | 8% | 10% |
76-80 | 6% | 7% |
81-85 | 6% | 6% |
*If the Guaranteed Lifetime Withdrawal Benefit Rider is elected, an 8% bonus is deposited to the Income Account Value. No Premium Bonus is deposited to the Accumulation Value with this rider.
A death claim is paid when any owner passes away. Each beneficiary would need to complete the Claim Form.
The entire Accumulation Value is paid to the beneficiary(ies) at time of death. Each beneficiary is able to elect one of the following options:
* Please see Legacy Benefit Rider and Accumulation Benefit Rider Inserts for more information regarding the Legacy Benefits.
With both the Guaranteed Lifetime Withdrawal Benefit Rider and the Accumulation Benefit Rider, the owner must be at least 50 years old before they may begin income payments.
Yes, after a waiting period, if you are ever unable to perform two of the six activities of daily living, you may request to double your income payments for up to 5 years. After 5 years, the income payments will go back to your original guaranteed amount.
You will continue to receive your guaranteed income payouts for the rest of your life, even if your account value is depleted completely.
The minimum premium required to open a GIA policy is $5,000. Anything over $1,000,000 requires a Home Office approval prior to application.
Yes, additional premium may be added to the annuity during the first contract year.
Interest on the Initial Purchase Premium is calculated based off a participation rate of SOFR and recalculated every 3 months. The participation rate is guaranteed for the initial guarantee period of 1 years. After the initial guarantee period, the participation rate is subject to change on each contract year and is guaranteed for the contract year. Interest on Subsequent Purchase Premium is a fixed rate during the initial guarantee period of 1 years. After the initial guarantee period, Subsequent Purchase Premium will earn interest the same as the Initial Purchase Premium.
The Secured Overnight Financing Rate, or SOFR, is a benchmark rate used throughout the world. The SOFR rate is published daily by the Federal Reserve Bank of New York and is based on overnight transactions in the U.S. Treasury repurchase agreement (repo) market.
During the first contract year of the Surrender Period, the RMD may be with withdrawn without any penalty on IRA funds. After the first contract year, 10% of the Purchase Premium may be withdrawn without any penalty each contract year. No penalties apply to any distribution or surrender after the Surrender Period.
Durring the Surrender Period, any withdrawal in excess of the penalty free amount will have Surrender charges, Market Value Adjustment and any non-vested premium bonuses apply. When you are applying for the GIA annuity, you may elect to have either a 10 year surrender period or a 14 year surrender period.
Once the surrender period is over there are no surrender charges, Market Value Adjustment, or any non-forfeiture of premium bonus. Your annuity will continue to earn interest defered until a death benefit is paid, withdrawal or surrender is processed, or request is made for guaranteed income to begin depending on the rider that is selected.
There are three riders that are available to be elected with the GIA annuity. One rider must be elected at the time of application. The three riders are:
The issue ages are dependent on the rider that is elected. The issue ages for each rider are as follow:
If the Legacy Benefit Rider or the Accumulation Benefit Rider are elected at the time of application, a premium bonus is deposited to the Accumulation Value and the Benefit Base Value.
Legacy Benefit Rider
Owner’s Issue Age | 10 Year Surrender Period | 14 Year Surrender Period |
Under 76 | 8% | 8% |
76-80 | 6% | 7% |
81-85 | 1% | 2% |
Accumulation Benefit Rider:
Owner’s Issue Age | 10 Year Surrender Period | 14 Year Surrender Period |
Under 76 | 8% | 10% |
76-80 | 6% | 7% |
81-85 | 6% | 6% |
*If the Guaranteed Lifetime Withdrawal Benefit Rider is elected, an 8% bonus is deposited to the Income Account Value. No Premium Bonus is deposited to the Accumulation Value with this rider.
A death claim is paid when any owner passes away. Each beneficiary would need to complete the Claim Form.
The entire Accumulation Value is paid to the beneficiary(ies) at time of death. Each beneficiary is able to elect one of the following options:
* Please see Legacy Benefit Rider and Accumulation Benefit Rider Inserts for more information regarding the Legacy Benefits.
With both the Guaranteed Lifetime Withdrawal Benefit Rider and the Accumulation Benefit Rider, the owner must be at least 50 years old before they may begin income payments.
Yes, after a waiting period, if you are ever unable to perform two of the six activities of daily living, you may request to double your income payments for up to 5 years. After 5 years, the income payments will go back to your original guaranteed amount.
You will continue to receive your guaranteed income payouts for the rest of your life, even if your account value is depleted completely.
The minimum premium required to open a GIA policy is $5,000. Anything over $1,000,000 requires a Home Office approval prior to application.
Yes, additional premium may be added to the annuity during the first contract year.
Interest on the Initial Purchase Premium is calculated based off a participation rate of SOFR and recalculated every 3 months. The participation rate is guaranteed for the initial guarantee period of 1 years. After the initial guarantee period, the participation rate is subject to change on each contract year and is guaranteed for the contract year. Interest on Subsequent Purchase Premium is a fixed rate during the initial guarantee period of 1 years. After the initial guarantee period, Subsequent Purchase Premium will earn interest the same as the Initial Purchase Premium.
The Secured Overnight Financing Rate, or SOFR, is a benchmark rate used throughout the world. The SOFR rate is published daily by the Federal Reserve Bank of New York and is based on overnight transactions in the U.S. Treasury repurchase agreement (repo) market.
During the first contract year of the Surrender Period, the RMD may be with withdrawn without any penalty on IRA funds. After the first contract year, 10% of the Purchase Premium may be withdrawn without any penalty each contract year. No penalties apply to any distribution or surrender after the Surrender Period.
Durring the Surrender Period, any withdrawal in excess of the penalty free amount will have Surrender charges, Market Value Adjustment and any non-vested premium bonuses apply. When you are applying for the GIA annuity, you may elect to have either a 10 year surrender period or a 14 year surrender period.
Once the surrender period is over there are no surrender charges, Market Value Adjustment, or any non-forfeiture of premium bonus. Your annuity will continue to earn interest defered until a death benefit is paid, withdrawal or surrender is processed, or request is made for guaranteed income to begin depending on the rider that is selected.
The GIA annuity does allow for withdrawals to be made without any penalty if you are confined to a Nursing Home for 90 consecutive days or been diagnosed with a medical condition which a physician certifies has reduced your life span to 12 months or less. *Restrictions may apply.
The issue ages are dependent on the rider that is elected. The issue ages for each rider are as follow:
If the Legacy Benefit Rider or the Accumulation Benefit Rider are elected at the time of application, a premium bonus is deposited to the Accumulation Value and the Benefit Base Value.
Legacy Benefit Rider
Owner’s Issue Age | 10 Year Surrender Period | 14 Year Surrender Period |
Under 76 | 8% | 8% |
76-80 | 6% | 7% |
81-85 | 1% | 2% |
Accumulation Benefit Rider:
Owner’s Issue Age | 10 Year Surrender Period | 14 Year Surrender Period |
Under 76 | 8% | 10% |
76-80 | 6% | 7% |
81-85 | 6% | 6% |
*If the Guaranteed Lifetime Withdrawal Benefit Rider is elected, an 8% bonus is deposited to the Income Account Value. No Premium Bonus is deposited to the Accumulation Value with this rider.
A death claim is paid when any owner passes away. Each beneficiary would need to complete the Claim Form.
The entire Accumulation Value is paid to the beneficiary(ies) at time of death. Each beneficiary is able to elect one of the following options:
* Please see Legacy Benefit Rider and Accumulation Benefit Rider Inserts for more information regarding the Legacy Benefits.
With both the Guaranteed Lifetime Withdrawal Benefit Rider and the Accumulation Benefit Rider, the owner must be at least 50 years old before they may begin income payments.
Yes, after a waiting period, if you are ever unable to perform two of the six activities of daily living, you may request to double your income payments for up to 5 years. After 5 years, the income payments will go back to your original guaranteed amount.
You will continue to receive your guaranteed income payouts for the rest of your life, even if your account value is depleted completely.
The minimum premium required to open a GIA policy is $5,000. Anything over $1,000,000 requires a Home Office approval prior to application.
Yes, additional premium may be added to the annuity during the first contract year.
Interest on the Initial Purchase Premium is calculated based off a participation rate of SOFR and recalculated every 3 months. The participation rate is guaranteed for the initial guarantee period of 1 years. After the initial guarantee period, the participation rate is subject to change on each contract year and is guaranteed for the contract year. Interest on Subsequent Purchase Premium is a fixed rate during the initial guarantee period of 1 years. After the initial guarantee period, Subsequent Purchase Premium will earn interest the same as the Initial Purchase Premium.
The Secured Overnight Financing Rate, or SOFR, is a benchmark rate used throughout the world. The SOFR rate is published daily by the Federal Reserve Bank of New York and is based on overnight transactions in the U.S. Treasury repurchase agreement (repo) market.
During the first contract year of the Surrender Period, the RMD may be with withdrawn without any penalty on IRA funds. After the first contract year, 10% of the Purchase Premium may be withdrawn without any penalty each contract year. No penalties apply to any distribution or surrender after the Surrender Period.
Durring the Surrender Period, any withdrawal in excess of the penalty free amount will have Surrender charges, Market Value Adjustment and any non-vested premium bonuses apply. When you are applying for the GIA annuity, you may elect to have either a 10 year surrender period or a 14 year surrender period.
Once the surrender period is over there are no surrender charges, Market Value Adjustment, or any non-forfeiture of premium bonus. Your annuity will continue to earn interest defered until a death benefit is paid, withdrawal or surrender is processed, or request is made for guaranteed income to begin depending on the rider that is selected.
The GIA annuity does allow for withdrawals to be made without any penalty if you are confined to a Nursing Home for 90 consecutive days or been diagnosed with a medical condition which a physician certifies has reduced your life span to 12 months or less. *Restrictions may apply.
There are three riders that are available to be elected with the GIA annuity. One rider must be elected at the time of application. The three riders are:
If the Legacy Benefit Rider or the Accumulation Benefit Rider are elected at the time of application, a premium bonus is deposited to the Accumulation Value and the Benefit Base Value.
Legacy Benefit Rider
Owner’s Issue Age | 10 Year Surrender Period | 14 Year Surrender Period |
Under 76 | 8% | 8% |
76-80 | 6% | 7% |
81-85 | 1% | 2% |
Accumulation Benefit Rider:
Owner’s Issue Age | 10 Year Surrender Period | 14 Year Surrender Period |
Under 76 | 8% | 10% |
76-80 | 6% | 7% |
81-85 | 6% | 6% |
*If the Guaranteed Lifetime Withdrawal Benefit Rider is elected, an 8% bonus is deposited to the Income Account Value. No Premium Bonus is deposited to the Accumulation Value with this rider.
A death claim is paid when any owner passes away. Each beneficiary would need to complete the Claim Form.
The entire Accumulation Value is paid to the beneficiary(ies) at time of death. Each beneficiary is able to elect one of the following options:
* Please see Legacy Benefit Rider and Accumulation Benefit Rider Inserts for more information regarding the Legacy Benefits.
With both the Guaranteed Lifetime Withdrawal Benefit Rider and the Accumulation Benefit Rider, the owner must be at least 50 years old before they may begin income payments.
Yes, after a waiting period, if you are ever unable to perform two of the six activities of daily living, you may request to double your income payments for up to 5 years. After 5 years, the income payments will go back to your original guaranteed amount.
You will continue to receive your guaranteed income payouts for the rest of your life, even if your account value is depleted completely.
Owner’s Issue Age | 10 Year Surrender Period |
Under 76 | 8% |
76-80 | 6% |
81-85 | 1% |
Accumulation Benefit Rider:
Owner’s Issue Age | 10 Year Surrender Period |
Under 76 | 8% |
76-80 | 6% |
81-85 | 6% |
*If the Guaranteed Lifetime Withdrawal Benefit Rider is elected, an 11% bonus is deposited to the Income Account Value. No Premium Bonus is deposited to the Accumulation Value with this rider.
The minimum premium required to open a GIA policy is $5,000. Anything over $1,000,000 requires a Home Office approval prior to application.
Yes, additional premium may be added to the annuity during the first contract year.
Interest on the Initial Purchase Premium is calculated based off a participation rate of SOFR and recalculated every 3 months. The participation rate is guaranteed for the initial guarantee period of 1 years. After the initial guarantee period, the participation rate is subject to change on each contract year and is guaranteed for the contract year. Interest on Subsequent Purchase Premium is a fixed rate during the initial guarantee period of 1 years. After the initial guarantee period, Subsequent Purchase Premium will earn interest the same as the Initial Purchase Premium.
The Secured Overnight Financing Rate, or SOFR, is a benchmark rate used throughout the world. The SOFR rate is published daily by the Federal Reserve Bank of New York and is based on overnight transactions in the U.S. Treasury repurchase agreement (repo) market.
During the first contract year of the Surrender Period, the RMD may be with withdrawn without any penalty on IRA funds. After the first contract year, 10% of the Purchase Premium may be withdrawn without any penalty each contract year. No penalties apply to any distribution or surrender after the Surrender Period.
Durring the Surrender Period, any withdrawal in excess of the penalty free amount will have Surrender charges, Market Value Adjustment and any non-vested premium bonuses apply. When you are applying for the GIA annuity, you may elect to have either a 10 year surrender period or a 14 year surrender period.
Once the surrender period is over there are no surrender charges, Market Value Adjustment, or any non-forfeiture of premium bonus. Your annuity will continue to earn interest defered until a death benefit is paid, withdrawal or surrender is processed, or request is made for guaranteed income to begin depending on the rider that is selected.
The GIA annuity does allow for withdrawals to be made without any penalty if you are confined to a Nursing Home for 90 consecutive days or been diagnosed with a medical condition which a physician certifies has reduced your life span to 12 months or less. *Restrictions may apply.
There are three riders that are available to be elected with the GIA annuity. One rider must be elected at the time of application. The three riders are:
The issue ages are dependent on the rider that is elected. The issue ages for each rider are as follow:
A death claim is paid when any owner passes away. Each beneficiary would need to complete the Claim Form.
The entire Accumulation Value is paid to the beneficiary(ies) at time of death. Each beneficiary is able to elect one of the following options:
* Please see Legacy Benefit Rider and Accumulation Benefit Rider Inserts for more information regarding the Legacy Benefits.
With both the Guaranteed Lifetime Withdrawal Benefit Rider and the Accumulation Benefit Rider, the owner must be at least 50 years old before they may begin income payments.
Yes, after a waiting period, if you are ever unable to perform two of the six activities of daily living, you may request to double your income payments for up to 5 years. After 5 years, the income payments will go back to your original guaranteed amount.
You will continue to receive your guaranteed income payouts for the rest of your life, even if your account value is depleted completely.
The minimum premium required to open a GIA policy is $5,000. Anything over $1,000,000 requires a Home Office approval prior to application.
Yes, additional premium may be added to the annuity during the first contract year.
Interest on the Initial Purchase Premium is calculated based off a participation rate of SOFR and recalculated every 3 months. The participation rate is guaranteed for the initial guarantee period of 1 years. After the initial guarantee period, the participation rate is subject to change on each contract year and is guaranteed for the contract year. Interest on Subsequent Purchase Premium is a fixed rate during the initial guarantee period of 1 years. After the initial guarantee period, Subsequent Purchase Premium will earn interest the same as the Initial Purchase Premium.
The Secured Overnight Financing Rate, or SOFR, is a benchmark rate used throughout the world. The SOFR rate is published daily by the Federal Reserve Bank of New York and is based on overnight transactions in the U.S. Treasury repurchase agreement (repo) market.
During the first contract year of the Surrender Period, the RMD may be with withdrawn without any penalty on IRA funds. After the first contract year, 10% of the Purchase Premium may be withdrawn without any penalty each contract year. No penalties apply to any distribution or surrender after the Surrender Period.
Durring the Surrender Period, any withdrawal in excess of the penalty free amount will have Surrender charges, Market Value Adjustment and any non-vested premium bonuses apply. When you are applying for the GIA annuity, you may elect to have either a 10 year surrender period or a 14 year surrender period.
Once the surrender period is over there are no surrender charges, Market Value Adjustment, or any non-forfeiture of premium bonus. Your annuity will continue to earn interest defered until a death benefit is paid, withdrawal or surrender is processed, or request is made for guaranteed income to begin depending on the rider that is selected.
The GIA annuity does allow for withdrawals to be made without any penalty if you are confined to a Nursing Home for 90 consecutive days or been diagnosed with a medical condition which a physician certifies has reduced your life span to 12 months or less. *Restrictions may apply.
There are three riders that are available to be elected with the GIA annuity. One rider must be elected at the time of application. The three riders are:
The issue ages are dependent on the rider that is elected. The issue ages for each rider are as follow:
If the Legacy Benefit Rider or the Accumulation Benefit Rider are elected at the time of application, a premium bonus is deposited to the Accumulation Value and the Benefit Base Value.
Legacy Benefit Rider
Owner’s Issue Age | 10 Year Surrender Period | 14 Year Surrender Period |
Under 76 | 8% | 8% |
76-80 | 6% | 7% |
81-85 | 1% | 2% |
Accumulation Benefit Rider:
Owner’s Issue Age | 10 Year Surrender Period | 14 Year Surrender Period |
Under 76 | 8% | 10% |
76-80 | 6% | 7% |
81-85 | 6% | 6% |
*If the Guaranteed Lifetime Withdrawal Benefit Rider is elected, an 8% bonus is deposited to the Income Account Value. No Premium Bonus is deposited to the Accumulation Value with this rider.
The entire Accumulation Value is paid to the beneficiary(ies) at time of death. Each beneficiary is able to elect one of the following options:
* Please see Legacy Benefit Rider and Accumulation Benefit Rider Inserts for more information regarding the Legacy Benefits.
With both the Guaranteed Lifetime Withdrawal Benefit Rider and the Accumulation Benefit Rider, the owner must be at least 50 years old before they may begin income payments.
Yes, after a waiting period, if you are ever unable to perform two of the six activities of daily living, you may request to double your income payments for up to 5 years. After 5 years, the income payments will go back to your original guaranteed amount.
You will continue to receive your guaranteed income payouts for the rest of your life, even if your account value is depleted completely.
The minimum premium required to open a GIA policy is $5,000. Anything over $1,000,000 requires a Home Office approval prior to application.
Yes, additional premium may be added to the annuity during the first contract year.
Interest on the Initial Purchase Premium is calculated based off a participation rate of SOFR and recalculated every 3 months. The participation rate is guaranteed for the initial guarantee period of 1 years. After the initial guarantee period, the participation rate is subject to change on each contract year and is guaranteed for the contract year. Interest on Subsequent Purchase Premium is a fixed rate during the initial guarantee period of 1 years. After the initial guarantee period, Subsequent Purchase Premium will earn interest the same as the Initial Purchase Premium.
The Secured Overnight Financing Rate, or SOFR, is a benchmark rate used throughout the world. The SOFR rate is published daily by the Federal Reserve Bank of New York and is based on overnight transactions in the U.S. Treasury repurchase agreement (repo) market.
During the first contract year of the Surrender Period, the RMD may be with withdrawn without any penalty on IRA funds. After the first contract year, 10% of the Purchase Premium may be withdrawn without any penalty each contract year. No penalties apply to any distribution or surrender after the Surrender Period.
Durring the Surrender Period, any withdrawal in excess of the penalty free amount will have Surrender charges, Market Value Adjustment and any non-vested premium bonuses apply. When you are applying for the GIA annuity, you may elect to have either a 10 year surrender period or a 14 year surrender period.
Once the surrender period is over there are no surrender charges, Market Value Adjustment, or any non-forfeiture of premium bonus. Your annuity will continue to earn interest defered until a death benefit is paid, withdrawal or surrender is processed, or request is made for guaranteed income to begin depending on the rider that is selected.
The GIA annuity does allow for withdrawals to be made without any penalty if you are confined to a Nursing Home for 90 consecutive days or been diagnosed with a medical condition which a physician certifies has reduced your life span to 12 months or less. *Restrictions may apply.
There are three riders that are available to be elected with the GIA annuity. One rider must be elected at the time of application. The three riders are:
The issue ages are dependent on the rider that is elected. The issue ages for each rider are as follow:
If the Legacy Benefit Rider or the Accumulation Benefit Rider are elected at the time of application, a premium bonus is deposited to the Accumulation Value and the Benefit Base Value.
Legacy Benefit Rider
Owner’s Issue Age | 10 Year Surrender Period | 14 Year Surrender Period |
Under 76 | 8% | 8% |
76-80 | 6% | 7% |
81-85 | 1% | 2% |
Accumulation Benefit Rider:
Owner’s Issue Age | 10 Year Surrender Period | 14 Year Surrender Period |
Under 76 | 8% | 10% |
76-80 | 6% | 7% |
81-85 | 6% | 6% |
*If the Guaranteed Lifetime Withdrawal Benefit Rider is elected, an 8% bonus is deposited to the Income Account Value. No Premium Bonus is deposited to the Accumulation Value with this rider.
A death claim is paid when any owner passes away. Each beneficiary would need to complete the Claim Form.
With both the Guaranteed Lifetime Withdrawal Benefit Rider and the Accumulation Benefit Rider, the owner must be at least 50 years old before they may begin income payments.
Yes, after a waiting period, if you are ever unable to perform two of the six activities of daily living, you may request to double your income payments for up to 5 years. After 5 years, the income payments will go back to your original guaranteed amount.
You will continue to receive your guaranteed income payouts for the rest of your life, even if your account value is depleted completely.
The minimum premium required to open a GIA policy is $5,000. Anything over $1,000,000 requires a Home Office approval prior to application.
Yes, additional premium may be added to the annuity during the first contract year.
Interest on the Initial Purchase Premium is calculated based off a participation rate of SOFR and recalculated every 3 months. The participation rate is guaranteed for the initial guarantee period of 1 years. After the initial guarantee period, the participation rate is subject to change on each contract year and is guaranteed for the contract year. Interest on Subsequent Purchase Premium is a fixed rate during the initial guarantee period of 1 years. After the initial guarantee period, Subsequent Purchase Premium will earn interest the same as the Initial Purchase Premium.
The Secured Overnight Financing Rate, or SOFR, is a benchmark rate used throughout the world. The SOFR rate is published daily by the Federal Reserve Bank of New York and is based on overnight transactions in the U.S. Treasury repurchase agreement (repo) market.
During the first contract year of the Surrender Period, the RMD may be with withdrawn without any penalty on IRA funds. After the first contract year, 10% of the Purchase Premium may be withdrawn without any penalty each contract year. No penalties apply to any distribution or surrender after the Surrender Period.
Durring the Surrender Period, any withdrawal in excess of the penalty free amount will have Surrender charges, Market Value Adjustment and any non-vested premium bonuses apply. When you are applying for the GIA annuity, you may elect to have either a 10 year surrender period or a 14 year surrender period.
Once the surrender period is over there are no surrender charges, Market Value Adjustment, or any non-forfeiture of premium bonus. Your annuity will continue to earn interest defered until a death benefit is paid, withdrawal or surrender is processed, or request is made for guaranteed income to begin depending on the rider that is selected.
The GIA annuity does allow for withdrawals to be made without any penalty if you are confined to a Nursing Home for 90 consecutive days or been diagnosed with a medical condition which a physician certifies has reduced your life span to 12 months or less. *Restrictions may apply.
There are three riders that are available to be elected with the GIA annuity. One rider must be elected at the time of application. The three riders are:
The issue ages are dependent on the rider that is elected. The issue ages for each rider are as follow:
If the Legacy Benefit Rider or the Accumulation Benefit Rider are elected at the time of application, a premium bonus is deposited to the Accumulation Value and the Benefit Base Value.
Legacy Benefit Rider
Owner’s Issue Age | 10 Year Surrender Period | 14 Year Surrender Period |
Under 76 | 8% | 8% |
76-80 | 6% | 7% |
81-85 | 1% | 2% |
Accumulation Benefit Rider:
Owner’s Issue Age | 10 Year Surrender Period | 14 Year Surrender Period |
Under 76 | 8% | 10% |
76-80 | 6% | 7% |
81-85 | 6% | 6% |
*If the Guaranteed Lifetime Withdrawal Benefit Rider is elected, an 8% bonus is deposited to the Income Account Value. No Premium Bonus is deposited to the Accumulation Value with this rider.
A death claim is paid when any owner passes away. Each beneficiary would need to complete the Claim Form.
The entire Accumulation Value is paid to the beneficiary(ies) at time of death. Each beneficiary is able to elect one of the following options:
* Please see Legacy Benefit Rider and Accumulation Benefit Rider Inserts for more information regarding the Legacy Benefits.
Yes, after a waiting period, if you are ever unable to perform two of the six activities of daily living, you may request to double your income payments for up to 5 years. After 5 years, the income payments will go back to your original guaranteed amount.
You will continue to receive your guaranteed income payouts for the rest of your life, even if your account value is depleted completely.
The minimum premium required to open a GIA policy is $5,000. Anything over $1,000,000 requires a Home Office approval prior to application.
Yes, additional premium may be added to the annuity during the first contract year.
Interest on the Initial Purchase Premium is calculated based off a participation rate of SOFR and recalculated every 3 months. The participation rate is guaranteed for the initial guarantee period of 1 years. After the initial guarantee period, the participation rate is subject to change on each contract year and is guaranteed for the contract year. Interest on Subsequent Purchase Premium is a fixed rate during the initial guarantee period of 1 years. After the initial guarantee period, Subsequent Purchase Premium will earn interest the same as the Initial Purchase Premium.
The Secured Overnight Financing Rate, or SOFR, is a benchmark rate used throughout the world. The SOFR rate is published daily by the Federal Reserve Bank of New York and is based on overnight transactions in the U.S. Treasury repurchase agreement (repo) market.
During the first contract year of the Surrender Period, the RMD may be with withdrawn without any penalty on IRA funds. After the first contract year, 10% of the Purchase Premium may be withdrawn without any penalty each contract year. No penalties apply to any distribution or surrender after the Surrender Period.
Durring the Surrender Period, any withdrawal in excess of the penalty free amount will have Surrender charges, Market Value Adjustment and any non-vested premium bonuses apply. When you are applying for the GIA annuity, you may elect to have either a 10 year surrender period or a 14 year surrender period.
Once the surrender period is over there are no surrender charges, Market Value Adjustment, or any non-forfeiture of premium bonus. Your annuity will continue to earn interest defered until a death benefit is paid, withdrawal or surrender is processed, or request is made for guaranteed income to begin depending on the rider that is selected.
The GIA annuity does allow for withdrawals to be made without any penalty if you are confined to a Nursing Home for 90 consecutive days or been diagnosed with a medical condition which a physician certifies has reduced your life span to 12 months or less. *Restrictions may apply.
There are three riders that are available to be elected with the GIA annuity. One rider must be elected at the time of application. The three riders are:
The issue ages are dependent on the rider that is elected. The issue ages for each rider are as follow:
If the Legacy Benefit Rider or the Accumulation Benefit Rider are elected at the time of application, a premium bonus is deposited to the Accumulation Value and the Benefit Base Value.
Legacy Benefit Rider
Owner’s Issue Age | 10 Year Surrender Period | 14 Year Surrender Period |
Under 76 | 8% | 8% |
76-80 | 6% | 7% |
81-85 | 1% | 2% |
Accumulation Benefit Rider:
Owner’s Issue Age | 10 Year Surrender Period | 14 Year Surrender Period |
Under 76 | 8% | 10% |
76-80 | 6% | 7% |
81-85 | 6% | 6% |
*If the Guaranteed Lifetime Withdrawal Benefit Rider is elected, an 8% bonus is deposited to the Income Account Value. No Premium Bonus is deposited to the Accumulation Value with this rider.
A death claim is paid when any owner passes away. Each beneficiary would need to complete the Claim Form.
The entire Accumulation Value is paid to the beneficiary(ies) at time of death. Each beneficiary is able to elect one of the following options:
* Please see Legacy Benefit Rider and Accumulation Benefit Rider Inserts for more information regarding the Legacy Benefits.
With both the Guaranteed Lifetime Withdrawal Benefit Rider and the Accumulation Benefit Rider, the owner must be at least 50 years old before they may begin income payments.
You will continue to receive your guaranteed income payouts for the rest of your life, even if your account value is depleted completely.
The minimum premium required to open a GIA policy is $5,000. Anything over $1,000,000 requires a Home Office approval prior to application.
Yes, additional premium may be added to the annuity during the first contract year.
Interest on the Initial Purchase Premium is calculated based off a participation rate of SOFR and recalculated every 3 months. The participation rate is guaranteed for the initial guarantee period of 1 years. After the initial guarantee period, the participation rate is subject to change on each contract year and is guaranteed for the contract year. Interest on Subsequent Purchase Premium is a fixed rate during the initial guarantee period of 1 years. After the initial guarantee period, Subsequent Purchase Premium will earn interest the same as the Initial Purchase Premium.
The Secured Overnight Financing Rate, or SOFR, is a benchmark rate used throughout the world. The SOFR rate is published daily by the Federal Reserve Bank of New York and is based on overnight transactions in the U.S. Treasury repurchase agreement (repo) market.
During the first contract year of the Surrender Period, the RMD may be with withdrawn without any penalty on IRA funds. After the first contract year, 10% of the Purchase Premium may be withdrawn without any penalty each contract year. No penalties apply to any distribution or surrender after the Surrender Period.
Durring the Surrender Period, any withdrawal in excess of the penalty free amount will have Surrender charges, Market Value Adjustment and any non-vested premium bonuses apply. When you are applying for the GIA annuity, you may elect to have either a 10 year surrender period or a 14 year surrender period.
Once the surrender period is over there are no surrender charges, Market Value Adjustment, or any non-forfeiture of premium bonus. Your annuity will continue to earn interest defered until a death benefit is paid, withdrawal or surrender is processed, or request is made for guaranteed income to begin depending on the rider that is selected.
The GIA annuity does allow for withdrawals to be made without any penalty if you are confined to a Nursing Home for 90 consecutive days or been diagnosed with a medical condition which a physician certifies has reduced your life span to 12 months or less. *Restrictions may apply.
There are three riders that are available to be elected with the GIA annuity. One rider must be elected at the time of application. The three riders are:
The issue ages are dependent on the rider that is elected. The issue ages for each rider are as follow:
If the Legacy Benefit Rider or the Accumulation Benefit Rider are elected at the time of application, a premium bonus is deposited to the Accumulation Value and the Benefit Base Value.
Legacy Benefit Rider
Owner’s Issue Age | 10 Year Surrender Period | 14 Year Surrender Period |
Under 76 | 8% | 8% |
76-80 | 6% | 7% |
81-85 | 1% | 2% |
Accumulation Benefit Rider:
Owner’s Issue Age | 10 Year Surrender Period | 14 Year Surrender Period |
Under 76 | 8% | 10% |
76-80 | 6% | 7% |
81-85 | 6% | 6% |
*If the Guaranteed Lifetime Withdrawal Benefit Rider is elected, an 8% bonus is deposited to the Income Account Value. No Premium Bonus is deposited to the Accumulation Value with this rider.
A death claim is paid when any owner passes away. Each beneficiary would need to complete the Claim Form.
The entire Accumulation Value is paid to the beneficiary(ies) at time of death. Each beneficiary is able to elect one of the following options:
* Please see Legacy Benefit Rider and Accumulation Benefit Rider Inserts for more information regarding the Legacy Benefits.
With both the Guaranteed Lifetime Withdrawal Benefit Rider and the Accumulation Benefit Rider, the owner must be at least 50 years old before they may begin income payments.
Yes, after a waiting period, if you are ever unable to perform two of the six activities of daily living, you may request to double your income payments for up to 5 years. After 5 years, the income payments will go back to your original guaranteed amount.
At this time we accept ACH, Checks, cashier’s Checks, Credit/ Debit Cards, and Money orders.
ACH or bank drafts can be set up for Automatic Monthly draft. All other forms of payment need to be called or mailed in.
Fill out the Owner Change Form which can be downloaded from the FORMS page located under the POLICYHOLDER tab or download the file directly: Owner_Change_Form.pdf
If it will be a non-natural owner like a funeral home or trust you will need to include a corporate resolution or the trust documents.
Please call us for available loan amount.
We can set up monthly automatic ACH loan payments, call us for the form.
Credit/ Debit cards called in.
Check or money orders mailed in. Please make sure to put LOAN PAYMENT on any mailed payments.
Depending on the policy you have the following options
Please call us for your specific policy options.
A lower amount of insurance coverage designed to pay for final expenses like funeral or burial costs. It is not associated with a specific funeral home or mortuary.
Call us with the policy number or as much information on the insured as possible.
At this time we accept ACH, Checks, cashier’s Checks, Credit/ Debit Cards, and Money orders.
ACH or bank drafts can be set up for Automatic Monthly draft. All other forms of payment need to be called or mailed in.
You have a 30 day grace period to make a premium payment before your policy lapses.
Please call us for available loan amount.
We can set up monthly automatic ACH loan payments, call us for the form.
Credit/ Debit cards called in.
Check or money orders mailed in. Please make sure to put LOAN PAYMENT on any mailed payments.
Depending on the policy you have the following options
Please call us for your specific policy options.
A lower amount of insurance coverage designed to pay for final expenses like funeral or burial costs. It is not associated with a specific funeral home or mortuary.
Call us with the policy number or as much information on the insured as possible.
At this time we accept ACH, Checks, cashier’s Checks, Credit/ Debit Cards, and Money orders.
ACH or bank drafts can be set up for Automatic Monthly draft. All other forms of payment need to be called or mailed in.
You have a 30 day grace period to make a premium payment before your policy lapses.
Fill out the Owner Change Form which can be downloaded from the FORMS page located under the POLICYHOLDER tab or download the file directly: Owner_Change_Form.pdf
If it will be a non-natural owner like a funeral home or trust you will need to include a corporate resolution or the trust documents.
We can set up monthly automatic ACH loan payments, call us for the form.
Credit/ Debit cards called in.
Check or money orders mailed in. Please make sure to put LOAN PAYMENT on any mailed payments.
Depending on the policy you have the following options
Please call us for your specific policy options.
A lower amount of insurance coverage designed to pay for final expenses like funeral or burial costs. It is not associated with a specific funeral home or mortuary.
Call us with the policy number or as much information on the insured as possible.
At this time we accept ACH, Checks, cashier’s Checks, Credit/ Debit Cards, and Money orders.
ACH or bank drafts can be set up for Automatic Monthly draft. All other forms of payment need to be called or mailed in.
You have a 30 day grace period to make a premium payment before your policy lapses.
Fill out the Owner Change Form which can be downloaded from the FORMS page located under the POLICYHOLDER tab or download the file directly: Owner_Change_Form.pdf
If it will be a non-natural owner like a funeral home or trust you will need to include a corporate resolution or the trust documents.
Please call us for available loan amount.
Depending on the policy you have the following options
Please call us for your specific policy options.
A lower amount of insurance coverage designed to pay for final expenses like funeral or burial costs. It is not associated with a specific funeral home or mortuary.
Call us with the policy number or as much information on the insured as possible.
At this time we accept ACH, Checks, cashier’s Checks, Credit/ Debit Cards, and Money orders.
ACH or bank drafts can be set up for Automatic Monthly draft. All other forms of payment need to be called or mailed in.
You have a 30 day grace period to make a premium payment before your policy lapses.
Fill out the Owner Change Form which can be downloaded from the FORMS page located under the POLICYHOLDER tab or download the file directly: Owner_Change_Form.pdf
If it will be a non-natural owner like a funeral home or trust you will need to include a corporate resolution or the trust documents.
Please call us for available loan amount.
We can set up monthly automatic ACH loan payments, call us for the form.
Credit/ Debit cards called in.
Check or money orders mailed in. Please make sure to put LOAN PAYMENT on any mailed payments.
A lower amount of insurance coverage designed to pay for final expenses like funeral or burial costs. It is not associated with a specific funeral home or mortuary.
Call us with the policy number or as much information on the insured as possible.
At this time we accept ACH, Checks, cashier’s Checks, Credit/ Debit Cards, and Money orders.
ACH or bank drafts can be set up for Automatic Monthly draft. All other forms of payment need to be called or mailed in.
You have a 30 day grace period to make a premium payment before your policy lapses.
Fill out the Owner Change Form which can be downloaded from the FORMS page located under the POLICYHOLDER tab or download the file directly: Owner_Change_Form.pdf
If it will be a non-natural owner like a funeral home or trust you will need to include a corporate resolution or the trust documents.
Please call us for available loan amount.
We can set up monthly automatic ACH loan payments, call us for the form.
Credit/ Debit cards called in.
Check or money orders mailed in. Please make sure to put LOAN PAYMENT on any mailed payments.
Depending on the policy you have the following options
Please call us for your specific policy options.
Call us with the policy number or as much information on the insured as possible.
At this time we accept ACH, Checks, cashier’s Checks, Credit/ Debit Cards, and Money orders.
ACH or bank drafts can be set up for Automatic Monthly draft. All other forms of payment need to be called or mailed in.
You have a 30 day grace period to make a premium payment before your policy lapses.
Fill out the Owner Change Form which can be downloaded from the FORMS page located under the POLICYHOLDER tab or download the file directly: Owner_Change_Form.pdf
If it will be a non-natural owner like a funeral home or trust you will need to include a corporate resolution or the trust documents.
Please call us for available loan amount.
We can set up monthly automatic ACH loan payments, call us for the form.
Credit/ Debit cards called in.
Check or money orders mailed in. Please make sure to put LOAN PAYMENT on any mailed payments.
Depending on the policy you have the following options
Please call us for your specific policy options.
A lower amount of insurance coverage designed to pay for final expenses like funeral or burial costs. It is not associated with a specific funeral home or mortuary.
If you do not have any liquidity riders you will be charged surrender charges and market value adjustment.
Depending on your contract and the liquidity riders you have, you may be able to set up systematic withdrawals to happen periodically or one time distributions.
The form can be found on the resources tab or be mailed to you by calling us to request it.
The form can be found on the resources tab or be mailed to you by calling us to request it. https://sslco.com/resources.aspx
If you do not mark any tax withholding information we will follow the guidelines on the form and withhold 10% federal taxes and state taxes where applicable.
They will need to call us to notify us of your passing and fill out the claim forms from the resources tab or we can mail them claim forms.
Annual statements are mailed to you the day after the anniversary date.
Interest is compounded daily credited yearly.
You will need to speak with an agent. You can contact your current agent or call us to be assigned an agent.
The most current rate can be found on our Personal Choice Annuity Product page or Current Rates page.
1099-I and 1099-R tax forms are sent out by January 31st and will include important tax information about any withdrawals you have taken in the previous tax year.
5498 tax forms are informational only and are sent out by May 31st each year only on tax qualified IRA’s.
Our standard processing time is 7-10 business days from receipt of the completed form.
If you do not have any liquidity riders you will be charged surrender charges and market value adjustment.
The form can be found on the resources tab or be mailed to you by calling us to request it. https://sslco.com/resources.aspx
If you do not mark any tax withholding information we will follow the guidelines on the form and withhold 10% federal taxes and state taxes where applicable.
They will need to call us to notify us of your passing and fill out the claim forms from the resources tab or we can mail them claim forms.
Annual statements are mailed to you the day after the anniversary date.
Interest is compounded daily credited yearly.
You will need to speak with an agent. You can contact your current agent or call us to be assigned an agent.
The most current rate can be found on our Personal Choice Annuity Product page, Current Rates page, or Agent Resources page.
1099-I and 1099-R tax forms are sent out by January 31st and will include important tax information about any withdrawals you have taken in the previous tax year.
5498 tax forms are informational only and are sent out by May 31st each year only on tax qualified IRA’s.
Our standard processing time is 7-10 business days from receipt of the completed form.
If you do not have any liquidity riders you will be charged surrender charges and market value adjustment.
Depending on your contract and the liquidity riders you have, you may be able to set up systematic withdrawals to happen periodically or one time distributions.
The form can be found on the resources tab or be mailed to you by calling us to request it.
If you do not mark any tax withholding information we will follow the guidelines on the form and withhold 10% federal taxes and state taxes where applicable.
They will need to call us to notify us of your passing and fill out the claim forms from the resources tab or we can mail them claim forms.
Annual statements are mailed to you the day after the anniversary date.
Interest is compounded daily credited yearly.
You will need to speak with an agent. You can contact your current agent or call us to be assigned an agent.
The most current rate can be found on our Personal Choice Annuity Product page or Current Rates page.
1099-I and 1099-R tax forms are sent out by January 31st and will include important tax information about any withdrawals you have taken in the previous tax year.
5498 tax forms are informational only and are sent out by May 31st each year only on tax qualified IRA’s.
Our standard processing time is 7-10 business days from receipt of the completed form.
If you do not have any liquidity riders you will be charged surrender charges and market value adjustment.
Depending on your contract and the liquidity riders you have, you may be able to set up systematic withdrawals to happen periodically or one time distributions.
The form can be found on the resources tab or be mailed to you by calling us to request it.
The form can be found on the resources tab or be mailed to you by calling us to request it. https://sslco.com/resources.aspx
They will need to call us to notify us of your passing and fill out the claim forms from the resources tab or we can mail them claim forms.
Annual statements are mailed to you the day after the anniversary date.
Interest is compounded daily credited yearly.
You will need to speak with an agent. You can contact your current agent or call us to be assigned an agent.
The most current rate can be found on our Personal Choice Annuity Product page or Current Rates page.
1099-I and 1099-R tax forms are sent out by January 31st and will include important tax information about any withdrawals you have taken in the previous tax year.
5498 tax forms are informational only and are sent out by May 31st each year only on tax qualified IRA’s.
Our standard processing time is 7-10 business days from receipt of the completed form.
If you do not have any liquidity riders you will be charged surrender charges and market value adjustment.
Depending on your contract and the liquidity riders you have, you may be able to set up systematic withdrawals to happen periodically or one time distributions.
The form can be found on the resources tab or be mailed to you by calling us to request it.
The form can be found on the resources tab or be mailed to you by calling us to request it. https://sslco.com/resources.aspx
If you do not mark any tax withholding information we will follow the guidelines on the form and withhold 10% federal taxes and state taxes where applicable.
Annual statements are mailed to you the day after the anniversary date.
Interest is compounded daily credited yearly.
You will need to speak with an agent. You can contact your current agent or call us to be assigned an agent.
The most current rate can be found on our Personal Choice Annuity Product page or Current Rates page.
1099-I and 1099-R tax forms are sent out by January 31st and will include important tax information about any withdrawals you have taken in the previous tax year.
5498 tax forms are informational only and are sent out by May 31st each year only on tax qualified IRA’s.
Our standard processing time is 7-10 business days from receipt of the completed form.
If you do not have any liquidity riders you will be charged surrender charges and market value adjustment.
Depending on your contract and the liquidity riders you have, you may be able to set up systematic withdrawals to happen periodically or one time distributions.
The form can be found on the resources tab or be mailed to you by calling us to request it.
The form can be found on the resources tab or be mailed to you by calling us to request it. https://sslco.com/resources.aspx
If you do not mark any tax withholding information we will follow the guidelines on the form and withhold 10% federal taxes and state taxes where applicable.
They will need to call us to notify us of your passing and fill out the claim forms from the resources tab or we can mail them claim forms.
Annual statements are mailed to you the day after the anniversary date.
Interest is compounded daily credited yearly.
You will need to speak with an agent. You can contact your current agent or call us to be assigned an agent.
The most current rate can be found on our Personal Choice Annuity Product page or Current Rates page.
1099-I and 1099-R tax forms are sent out by January 31st and will include important tax information about any withdrawals you have taken in the previous tax year.
5498 tax forms are informational only and are sent out by May 31st each year only on tax qualified IRA’s.
Our standard processing time is 7-10 business days from receipt of the completed form.
If you do not have any liquidity riders you will be charged surrender charges and market value adjustment.
Depending on your contract and the liquidity riders you have, you may be able to set up systematic withdrawals to happen periodically or one time distributions.
The form can be found on the resources tab or be mailed to you by calling us to request it.
The form can be found on the resources tab or be mailed to you by calling us to request it. https://sslco.com/resources.aspx
If you do not mark any tax withholding information we will follow the guidelines on the form and withhold 10% federal taxes and state taxes where applicable.
They will need to call us to notify us of your passing and fill out the claim forms from the resources tab or we can mail them claim forms.
Interest is compounded daily credited yearly.
You will need to speak with an agent. You can contact your current agent or call us to be assigned an agent.
The most current rate can be found on our Personal Choice Annuity Product page or Current Rates page.
1099-I and 1099-R tax forms are sent out by January 31st and will include important tax information about any withdrawals you have taken in the previous tax year.
5498 tax forms are informational only and are sent out by May 31st each year only on tax qualified IRA’s.
Our standard processing time is 7-10 business days from receipt of the completed form.
If you do not have any liquidity riders you will be charged surrender charges and market value adjustment.
Depending on your contract and the liquidity riders you have, you may be able to set up systematic withdrawals to happen periodically or one time distributions.
The form can be found on the resources tab or be mailed to you by calling us to request it.
The form can be found on the resources tab or be mailed to you by calling us to request it. https://sslco.com/resources.aspx
If you do not mark any tax withholding information we will follow the guidelines on the form and withhold 10% federal taxes and state taxes where applicable.
They will need to call us to notify us of your passing and fill out the claim forms from the resources tab or we can mail them claim forms.
Annual statements are mailed to you the day after the anniversary date.
You will need to speak with an agent. You can contact your current agent or call us to be assigned an agent.
The most current rate can be found on our Personal Choice Annuity Product page or Current Rates page.
1099-I and 1099-R tax forms are sent out by January 31st and will include important tax information about any withdrawals you have taken in the previous tax year.
5498 tax forms are informational only and are sent out by May 31st each year only on tax qualified IRA’s.
Our standard processing time is 7-10 business days from receipt of the completed form.
If you do not have any liquidity riders you will be charged surrender charges and market value adjustment.
Depending on your contract and the liquidity riders you have, you may be able to set up systematic withdrawals to happen periodically or one time distributions.
The form can be found on the resources tab or be mailed to you by calling us to request it.
The form can be found on the resources tab or be mailed to you by calling us to request it. https://sslco.com/resources.aspx
If you do not mark any tax withholding information we will follow the guidelines on the form and withhold 10% federal taxes and state taxes where applicable.
They will need to call us to notify us of your passing and fill out the claim forms from the resources tab or we can mail them claim forms.
Annual statements are mailed to you the day after the anniversary date.
Interest is compounded daily credited yearly.
The most current rate can be found on our Personal Choice Annuity Product page or Current Rates page.
1099-I and 1099-R tax forms are sent out by January 31st and will include important tax information about any withdrawals you have taken in the previous tax year.
5498 tax forms are informational only and are sent out by May 31st each year only on tax qualified IRA’s.
Personal Choice Annuity Product page, Current Rates page, or Agent Resources page.
Our standard processing time is 7-10 business days from receipt of the completed form.
If you do not have any liquidity riders you will be charged surrender charges and market value adjustment.
Depending on your contract and the liquidity riders you have, you may be able to set up systematic withdrawals to happen periodically or one time distributions.
The form can be found on the resources tab or be mailed to you by calling us to request it.
The form can be found on the resources tab or be mailed to you by calling us to request it. https://sslco.com/resources.aspx
If you do not mark any tax withholding information we will follow the guidelines on the form and withhold 10% federal taxes and state taxes where applicable.
They will need to call us to notify us of your passing and fill out the claim forms from the resources tab or we can mail them claim forms.
Annual statements are mailed to you the day after the anniversary date.
Interest is compounded daily credited yearly.
You will need to speak with an agent. You can contact your current agent or call us to be assigned an agent.
1099-I and 1099-R tax forms are sent out by January 31st and will include important tax information about any withdrawals you have taken in the previous tax year.
5498 tax forms are informational only and are sent out by May 31st each year only on tax qualified IRA’s.
Our standard processing time is 7-10 business days from receipt of the completed form.
If you do not have any liquidity riders you will be charged surrender charges and market value adjustment.
Depending on your contract and the liquidity riders you have, you may be able to set up systematic withdrawals to happen periodically or one time distributions.
The form can be found on the resources tab or be mailed to you by calling us to request it.
The form can be found on the resources tab or be mailed to you by calling us to request it. https://sslco.com/resources.aspx
If you do not mark any tax withholding information we will follow the guidelines on the form and withhold 10% federal taxes and state taxes where applicable.
They will need to call us to notify us of your passing and fill out the claim forms from the resources tab or we can mail them claim forms.
Annual statements are mailed to you the day after the anniversary date.
Interest is compounded daily credited yearly.
You will need to speak with an agent. You can contact your current agent or call us to be assigned an agent.
The most current rate can be found on our Personal Choice Annuity Product page or Current Rates page.
Your entire bonus is not vested until the end of the 10 year contract period.
The death benefit is the same as the vested value as of the date of death.
You will need to call us to get the amount of income available to you.
Your roll up rate is contract specific. Please call us for your information or it is available in your policy.
We are not able to advise you. You will need to speak with an agent or financial advisor.
Your entire bonus is not vested until the end of the 10 year contract period.
The death benefit is the same as the vested value as of the date of death.
You will need to call us to get the amount of income available to you.
Your roll up rate is contract specific. Please call us for your information or it is available in your policy.
We are not able to advise you. You will need to speak with an agent or financial advisor.
The death benefit is the same as the vested value as of the date of death.
You will need to call us to get the amount of income available to you.
Your roll up rate is contract specific. Please call us for your information or it is available in your policy.
We are not able to advise you. You will need to speak with an agent or financial advisor.
Your entire bonus is not vested until the end of the 10 year contract period.
You will need to call us to get the amount of income available to you.
Your roll up rate is contract specific. Please call us for your information or it is available in your policy.
We are not able to advise you. You will need to speak with an agent or financial advisor.
Your entire bonus is not vested until the end of the 10 year contract period.
The death benefit is the same as the vested value as of the date of death.
You will need to call us to get the amount of income available to you.
Your roll up rate is contract specific. Please call us for your information or it is available in your policy.
We are not able to advise you. You will need to speak with an agent or financial advisor.
Your entire bonus is not vested until the end of the 10 year contract period.
The death benefit is the same as the vested value as of the date of death.
Your roll up rate is contract specific. Please call us for your information or it is available in your policy.
Our standard processing time is 7-10 business days from receipt of the completed form.
If you do not have any liquidity riders you will be charged surrender charges and market value adjustment.
Depending on your contract and the liquidity riders you have, you may be able to set up systematic withdrawals to happen periodically or one time distributions.
The form can be found on the resources tab or be mailed to you by calling us to request it.
The form can be found on the resources tab or be mailed to you by calling us to request it. https://sslco.com/resources.aspx
If you do not mark any tax withholding information we will follow the guidelines on the form and withhold 10% federal taxes and state taxes where applicable.
They will need to call us to notify us of your passing and fill out the claim forms from the resources tab or we can mail them claim forms.
Interest is compounded daily credited yearly.
You will need to speak with an agent. You can contact your current agent or call us to be assigned an agent.
The most current rate can be found on our Personal Choice Annuity Product page or Current Rates page.
1099-I and 1099-R tax forms are sent out by January 31st and will include important tax information about any withdrawals you have taken in the previous tax year.
5498 tax forms are informational only and are sent out by May 31st each year only on tax qualified IRA’s.
We are not able to advise you. You will need to speak with an agent or financial advisor.
Your entire bonus is not vested until the end of the 10 year contract period.
The death benefit is the same as the vested value as of the date of death.
You will need to call us to get the amount of income available to you.
We are not able to advise you. You will need to speak with an agent or financial advisor.
Your entire bonus is not vested until the end of the 10 year contract period.
The death benefit is the same as the vested value as of the date of death.
You will need to call us to get the amount of income available to you.
Your roll up rate is contract specific. Please call us for your information or it is available in your policy.
This insurance pays a fixed dollar amount. Regardless of your expenses, for each day you meet the policy conditions. It does not pay your Medicare deductibles or coinsurance, and is not a substitute for Medicare Supplement Insurance.
Claim forms are on the FORMS page located under the POLICYHOLDER tab and can also be obtained by calling us. POLICYHOLDER > FORMS
We only allow bank drafts or personal checks from the policy owner. No 3rd party checks are accepted.
This insurance pays a fixed dollar amount. Regardless of your expenses, for each day you meet the policy conditions. It does not pay your Medicare deductibles or coinsurance, and is not a substitute for Medicare Supplement Insurance.
You submit claims to us and we pay you directly. You will need to pay bills you receive from your providers.
We only allow bank drafts or personal checks from the policy owner. No 3rd party checks are accepted.
We only allow bank drafts or personal checks from the policy owner. No 3rd party checks are accepted.
This insurance pays a fixed dollar amount. Regardless of your expenses, for each day you meet the policy conditions. It does not pay your Medicare deductibles or coinsurance, and is not a substitute for Medicare Supplement Insurance.
You submit claims to us and we pay you directly. You will need to pay bills you receive from your providers.
Claim forms are on the FORMS page located under the POLICYHOLDER tab and can also be obtained by calling us. POLICYHOLDER > FORMS