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.
Premium Bonus | Base Contract - 7.00% With Income Rider - 8.00% |
Interest Rate Guarantees |
---|
1st Year Rate | 1.50% |
Current Rate Guarantee | 1% |
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 - 1.05% |
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.