Multi-Year Guaranteed Annuity
Platinum Assure
Guarantee terms
2 · 3 · 4 · 5 · 6 · 7 yrs
Free withdrawal
3% and 5% published; applicability not specified published tier; confirm timing and exceptions
Market value adj.
Applies
Minimum premium
$25,000
Availability
49 jurisdictions (48 states + DC)
Surrender schedule
5-year published CDSC · 9% → 5%
Interest crediting
Compound — CANNEX yield row, no simple-interest flag
Rates effective
Jul 31, 2026
Guaranteed rates by term
The guaranteed annual rate is shown for each term at the $100,000 comparison premium, alongside the full-term effective rate.
| TermSurrender schedule | Effective annual rateFull-term comparison | Published annual rateContract rate | Rate structureFull guarantee | $100,000 grows toAt term end | vs. marketSame-day term median |
|---|---|---|---|---|---|
| 2-year2-yr surrender schedule | 4.15% | 4.15% | Flat throughout | $108,472+$8,472 interest | -0.35 ptsmedian 4.50% · n=20 |
| 3-year3-yr surrender schedule | 4.45% | 4.45% | Flat throughout | $113,953+$13,953 interest | -0.70 ptsmedian 5.15% · n=107 |
| 4-year4-yr surrender schedule | 4.75% | 4.75% | Flat throughout | $120,397+$20,397 interest | -0.20 ptsmedian 4.95% · n=33 |
| 5-year5-yr surrender scheduleHighest | 5.55% | 5.55% | Flat throughout | $131,006+$31,006 interest | +0.15 ptsmedian 5.40% · n=125 |
| 6-year6-yr surrender scheduleHighest | 5.55% | 5.55% | Flat throughout | $138,277+$38,277 interest | +0.35 ptsmedian 5.20% · n=31 |
| 7-year7-yr surrender scheduleHighest | 5.55% | 5.55% | Flat throughout | $145,951+$45,951 interest | +0.25 ptsmedian 5.30% · n=113 |
Rate figures use a $100,000 comparison premium and are scoped to the selected contract version. Market comparisons appear only when the same-day term distribution includes at least five comparable products.
How 5.55% grows over 5 years
Follow a deposit through the complete guarantee term.
The calculator uses the published rate band matching the entered premium. If no matching band is published, it retains the $100,000 comparison rate and labels the contract details for confirmation.
| Year | Rate credited | Interest | Balance |
|---|---|---|---|
| Year 1 | 5.55% | +$5,550 | $105,550 |
| Year 2 | 5.55% | +$5,858 | $111,408 |
| Year 3 | 5.55% | +$6,183 | $117,591 |
| Year 4 | 5.55% | +$6,526 | $124,117 |
| Year 5 | 5.55% | +$6,889 | $131,006 |
| Compound-equivalent annual rate over the full term | 5.550% | ||
How the number is calculated
- Product
- Platinum Assure
- Schedule
- 5.55% for 5 years
- Crediting
- Compound interest
- Ending value
- $131,006
- Effective rate
- 5.550% per year
Equivalent: a flat MYGA paying 5.55% compounded annually reaches the same ending value. Confirm the crediting convention on the issued contract.
Getting money out
What it costs to leave early, and what you can take without a charge.
Surrender charge · 5-year version
Charged on withdrawals above the free amount. A market value adjustment can also raise or lower proceeds during the surrender period when it applies.
Penalty-free access
Items marked “not published” remain questions for the issued contract; this page does not infer answers.
How to think about this contract
Editorial interpretation stays separate from the contract data above.
Where it stands out
- Multiple guarantee-period lengths are offered, so buyers can match the rate-lock to the horizon they actually want rather than being forced into a single term.
- The multi-state contract is broadly available outside California and New York; California has a separate Platinum Assure contract.
- A nursing-home surrender-charge waiver is published for the contract.
What to confirm
- A market value adjustment applies during the surrender period and can raise or lower early-surrender proceeds in addition to the surrender charge.
- The feed publishes more than one free-withdrawal percentage without a rule that identifies when each applies. Confirm the applicable allowance in the issued contract.
- California and New York are not included. California buyers should use the state-specific Platinum Assure sibling page.
- The public contract facts do not publish annuitization payout options. Ownership and annuitant choices are not evidence of a lifetime-income option.
Contract facts
Everything the normalized public CANNEX contract reports. Gaps are labeled, not guessed.
Premium
$25,000 minimum
$1,000,000 maximum · Fund type: $25,000–$1,000,000
Issue ages
0–85 or 0–90 (annuitant and owner; applicability by range not published)
Joint contracts available.
Fund types
Non-qualified · Qualified
Continuation code S; confirm meaning in the contract.
Ownership
Corporation · Joint · Single · Trust
Annuitant: Joint · Single
Death benefit
Benefit basis not expanded in feed
Surrender charges and a market value adjustment may apply under contract terms.
Premium bonus
None published
A first-year interest rate is not a premium bonus.
Systematic withdrawals
Available
Minimum-withdrawal rule applies.
Bailout provision
Not available
Return of premium
Does not apply
Early surrender can return less than premium.
Free-look period
Available; length not published
Length can vary by state; confirm on delivery.
Annuitization
Not published
Maximum annuitization age: 95 years
Fees and charges
None published
Contract versions
1
Most states · MVA · No liquidity rider
Source
CANNEX via AdvisorWorld
Normalized facts observed Sep 4, 2026.
State availability
49 jurisdictions (excl. California, New York) in the current feed. The grid shows availability only; it does not apply one rate version to every jurisdiction. Outlined entries have their own named rate version when the feed identifies one.