RIDERS:
With the Guaranteed Income Annuity, you are given three different benefit riders tochoose from, each designed to help you achieve your retirement goals. Select the rider that best suits your needs.
Perhaps what you are aiming to do with your retirement is provide your funds an opportunity to grow with minimum risk while receiving the benefits of the other riders. If so, we would recommend selecting the Accumulation Benefit Rider. Your Benefit Base interest rate is 175% of interest applied to the Accumulation Value for the first roll-up period of 10 years. This is also the only rider with zero fees!
Effective 6/08/2020
10 Year | |||||||
---|---|---|---|---|---|---|---|
Premium Bonus |
|
||||||
1st Year Rate | 1.00% (with subsequent purchase premium) | ||||||
Current Rate Guarantee | 2 Yrs | ||||||
Index/Benchmark | LIBOR | ||||||
Participation Rates | 65% | ||||||
Optional Riders and Cost |
|
Interest rates are subject to change without notice. Quoted rates may vary due to state regulations and taxes. Products, features, and riders may not be available in all jurisdictions. Refer to the policy for all terms and conditions. All Guarantees are based on the claims-paying ability of Sentinel Security Life Insurance Company.
***Credits to the Income Account only.
10 Year |
---|
Premium Bonus | GLWB Rider: | 8.00% | |
Legacy Rider: | 10.00% for issue ages under 71 5.00% for issue ages 71-80 3.00% for issue ages 81-85 | ||
Accum Rider: | 10.00% for issue ages under 71 8.00% for issue ages 71-80 6.00% for issue ages 81-85 |
1st Year Rate | 1.00% (with subsequent purchase premium) |
Current Rate Guarantee | 2 Yrs |
Index/Benchmark | LIBOR |
Optional Riders and Cost | GLWB Rider: | 1.25% fee years 1-5, 1.60% fee years 6-10 (10 year contract) | |
Legacy Benefit Rider | 1.25% fee years 1-5, 1.60% fee years 6-10 (10 year contract) | ||
Accumulation Rider | No Fee |