Summit Bonus Index – bk – 4-8-2023

Are you looking to participate in the rise of the market without risking significant losses in the case of a market slump? The Summit Bonus Index was designed with you in mind!
Offering multiple investing strategies based off the S&P 500®, allocate your funds as you see fit with no damage to your principal. Also available is an Income Rider, which provides you with a steady stream of income for life. Offering control, safety, and high growth possibilities, this annuity is perfect to meet your retiring needs!
Your choice, your growth, your future! Summit Bonus Index has a 10-year surrender schedule. Premium bonuses are subject to a vesting schedule. Inclusion of the income rider subject to age restriction.
*Premium bonuses are subject to vesting schedule

Summit Bonus Index Rates

Effective 8/2/2023

Premium Bonus Base Contract - 7.00%
With Income Rider - 15.00%
Interest Rate Guarantees
1st Year Rate 1.50%
Current Rate Guarantee 1 Yr
Indexing
Index/Benchmark S&P 500®
Caps Annual Point-to-Point Cap: 2.50%
Monthly Averaging Cap: 2.50%
Daily Averaging Cap: 2.50%
Monthly Sum Cap: 1.10%
Riders
Optional Riders and Cost Income Rider - 1.30% fee

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.

Summit Bonus Index has a 10-year surrender schedule. Premium bonuses are subject to a vesting schedule. Inclusion of the income rider subject to age restriction. 

 

Summit Bonus Index Rates

Effective 02/22/2021
Premium BonusBase Contract - 7.00%
With Income Rider - 8.00%
Interest Rate Guarantees
1st Year Rate1.50%
Current Rate Guarantee1%
Indexing
Index/BenchmarkS&P 500®
CapsAnnual Point-to-Point Cap: 2.50%
Monthly Averaging Cap: 2.50%
Daily Averaging Cap: 2.50%
Monthly Sum Cap: 1.10%
Riders
Optional Riders and CostIncome Rider - 1.05%

Interest rates as of 02/22/2021 and are subject to change without notice. Quoted rates may vary due to state regulations and taxes. Not all annuities and optional riders are available in all states. Summit Bonus Index has a 10-year surrender schedule. Premium bonuses are subject to a vesting schedule. Inclusion of the income rider subject to age restriction.

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