
CL Life Tarrant Trail
About this product
The CL Tarrant Trail Annuity is a single premium deferred annuity issued by CL Life and Annuity Insurance Company. It offers a 12-month interest rate guarantee period with no less than a 2% return, resetting annually. In the first year, it provides an enhanced interest rate. It includes features such as a bailout interest rate waiver of surrender charges, penalty-free withdrawals from year 2, and multiple payout options for death benefits. This annuity is designed for individuals seeking stable, tax-deferred growth with conservative, long-term savings goals in mind.
Available Rates
Rates are based on current simulation settings with premium amount $100,000.00
1 Years | 7.00% |
Available Guarantee Periods
Rates are based on current simulation settings with premium amount $100,000.00
$20,000.00 - $1,000,000.00 | 7% |
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