Capitol Life Insurance Company
Capitol Life Heritage Elite
About this product
The Heritage Elite is a Single Premium, Multi-Year Guaranteed Annuity (MYGA) product offered by Liberty Bankers/Capitol Life. It provides a guaranteed fixed interest rate over a selected term period and is most suitable for clients looking for stable, higher returns without needing liquidity. The product is designed for both qualified and non-qualified use and allows a one-time premium contribution.
Available Rates
Rates are based on current simulation settings with premium amount $100,000.00
| 3 Years | 5.10% |
| 5 Years | 5.20% |
| 7 Years | 5.20% |
| 9 Years | 5.25% |
Available Guarantee Periods
Rates are based on current simulation settings with premium amount $100,000.00
| $10,000.00 - $1,000,000.00 | 5.1% |
| Features | |
| Maximum Issue Age | 90 years |
Lifetime Income Details
Payout Options
Additional Options
Actual payout options may vary by insurance carrier and specific products. Common alternatives include:
- Life Income Only: Payments for the rest of your life, stopping upon death
- Period Certain: Guaranteed payments for a specific time period (5, 10, 15, or 20 years)
- Life with Period Certain: Lifetime payments with a minimum guaranteed period
- Joint Life: Payments continue for both you and your spouse's lifetimes
- Systematic Withdrawal: Regular withdrawals of a specified amount or percentage