MYGA effective annual rate by term
Both are step-rate, simple-interest contracts; each figure is the full-term compound equivalent.
Safe Harbor / Safe HavenAtlantic Coast Life Insurance Company · NAIC 61115 · Charleston, South Carolina · A-CAP group
Atlantic Coast Life
Products tracked75 FIA · 2 MYGA
Best MYGA effective rate5.91%5-yr · Safe Harbor
Best S&P 500 cap · base tier5.00%Accumulation Protector Plus Annuity & Retirement Plus Multiplier Annuity
Lifetime income rider3 productsPublished GLWB
Widest state footprint41of 51 jurisdictions
Premium bonusUp to 10%vesting applies
Rates observed Oct 1, 2026
Every Atlantic Coast Life product, like for like
Headline figures are comparable: MYGA effective annual rates over the full term, fee-free FIA base-tier caps, and a GLWB withdrawal rate only when an exact product source publishes the rider.
| Product | Comparable headline | Bonus | Surrender | Free W/D | MVA | States | Rates as of |
|---|---|---|---|---|---|---|---|
| Accumulation Protector Plus AnnuityFIA · A002BS | 5.00% S&P 500 annual cap · base22 current strategy rates | 5% · 0% yr 1, 10%/yr yrs 2–11 | 10 yrs · 10% → 1% | 5% | Applies | 41 | Oct 1, 2026 |
| Safe Anchor Market GuaranteeFIA · A0032P | 4.10% S&P 500 annual cap · base4 current strategy rates | None | Not published | 10% | Applies | 36 | Oct 1, 2026 |
| Guaranteed Income AnnuityFIA · A0030P | 5.80% lifetime withdrawal · age 60, 10-yr deferral1.25%/yr rider fee · exact GLWB match from the FIA-income feed | 10% · vesting applies | 10 yrs · 10% → 1% | 10% | Applies | 34 | Oct 1, 2026 |
| Income Navigator AnnuityFIA · A00305 | 4.00% S&P 500 annual cap · base5 current strategy rates | 7% · vesting applies | 10 yrs · 9% → 1% | 10% | Applies | 41 | Oct 1, 2026 |
| Retirement Plus Multiplier AnnuityFIA · A00302 | 5.00% S&P 500 annual cap · base63 current strategy rates | None | 10 yrs · 10% → 1% | 10% | Applies | 41 | Oct 1, 2026 |
| Safe Harbor Bonus GuaranteeMYGA · A001O6 | 5.91% effective annual · 5-yr7.45% advertised yr 1 · 6.45% renewal | None | 20 yrs · 9% → 5% | 10% | Applies | 37 | Jan 1, 2026 |
| Safe Haven Bonus GuaranteeMYGA · A001V9 | 5.90% effective annual · 5-yr6.70% advertised yr 1 · 5.70% renewal | None | 20 yrs · 9% → 5% | 10% | Applies | 39 | Jan 1, 2026 |
All figures use a $100,000, age-60, Texas comparison case. Caps, participation rates, withdrawal rates, and bonuses are different mechanics and are never ranked against each other. Bonuses are not yield.
Where the contracts differ
S&P 500 annual cap, base tier
Fee-bearing rider tiers are excluded from like-for-like headline comparisons.
Cap · no rate-enhancement feeHow published lifetime income builds
Income base after 10 years$250,9698.50% compound roll-up; benefit base is not cash value
→
Guaranteed annual income$14,556/yr5.80% × income base, age 70
- Rider
- Guaranteed Lifetime Withdrawal Benefit Rider
- Rider fee
- 1.25%/yr of income base, deducted from account value
- Source reconciliation
- Exact A0030P / 0002939766 match in the CANNEX FIA-income catalog; the empty generic product rider array does not override this record.
- Observed
- Oct 1, 2026
About the issuer
Legal issuerAtlantic Coast Life Insurance Co.NAIC 61115 · ACLICO
DomicileSouth CarolinaCharleston · chartered 1925
GroupA-CAPAdvantage Capital Partners, LLC
OwnershipIn transitionOaktree control transaction pending approvals
AM Best FSRB (Fair) uEffective Jan 23, 2026
Financial sizeCategory IX$250M–$500M adjusted surplus, rating-unit basis
- 1925Chartered in Charleston as a regional life insurer; later built a preneed franchise.
- 2015Acquired by Advantage Capital and expanded nationally in annuities.
- Jan 23, 2026AM Best downgraded the issuer to B (Fair), under review with negative implications.
- Mar 13, 2026A-CAP and Oaktree announced a proposed control transaction, subject to restructuring and regulatory approval.
The rate menu is competitive and the shelf leans on bonuses, proprietary indexes, and fee-bearing rate riders. None of that offsets issuer credit risk. Treat the B rating, pending ownership change, and state guaranty limit as first-order product facts.
Product names are not proof of mechanics. Income products are counted only when an exact filing or exact FIA-income record publishes the GLWB and its benefit profile; an income-sounding name alone never qualifies.
Sources
- AM Best company profile — Atlantic Coast Life Insurance Company
- A-CAP / Oaktree Capital Management master transaction announcement, Mar 13, 2026.
- Atlantic Coast Life corporate site
- CANNEX via AdvisorWorld public product and FIA-income APIs — terms and rates observed Oct 1, 2026.