Summit Bonus Index
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!
- Five indexing options:
- Fixed Account
- Annual Point to Point
- Monthly Averaging
- Monthly Sum
- Daily Averaging
- An available Income Rider to provide you with guaranteed income for life.
- Premium Bonuses immediately deposited into your annuity when your policy is set up.*
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 02/22/2021
| 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.
SENTINEL SECURITY LIFE INSURANCE COMPANY IS A MEMBER OF THE A-CAP FAMILY
Retirement planning can be difficult and confusing, often making you feel left in the dark to find the right path. Seeing this need, Sentinel has worked to light the way to
greater financial security for individuals and families since 1948.
Contact Us
-
Home Office
1405 W 2200 S, Salt Lake City, UT 84119, United States - 1-800-247-1423
- 1-888-433-4795
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