5.6%
1-yr guarantee · 8-yr surrender schedule · $300+ premium
10%
Free W/D
31
Available states
Rates as of August 5, 2026. CANNEX via AdvisorWorld; confirm rates and state availability before purchase.
Product analyzer
Run numbers for Flex 8
guaranteed rates, terms, state availability, surrender details, and contract facts stay scoped to this GCU product.
Live product data
Rates as of August 5, 2026, from AdvisorWorld and CANNEX.
1-year guaranteed rate
5.6% guaranteed for 1 years
An eight-year-surrender no-MVA fixed annuity from GCU with one-year rate guarantees, annual access, and two health-event waivers.
Best fit
Buyers in an eligible state who can make a long holding commitment while accepting annual renewal-rate decisions.
Available guarantee terms
1 year
AM Best
A- Excellent
Surrender period
8 years
Free withdrawal
10%/yr
Availability
31 states (restricted footprint)
Product analyst notes
How to think about this contract
Why it can stand out
- The contract avoids a market value adjustment and includes annual free withdrawals.
- Nursing-home and terminal-illness waivers provide defined access for qualifying health events.
What to confirm
- The guaranteed-rate period is much shorter than the surrender schedule, so the buyer faces repeated renewal-rate changes before charges expire.
- The contract is limited to the listed states, and withdrawals beyond the permitted amount can remain costly for a long period.
Not ideal for
Buyers seeking a long guaranteed-rate lock or those likely to need substantial access before the surrender period ends.
Free Comparison Report
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Guaranteed Rates by Term
| Term | Surrender term | Published rate |
|---|---|---|
| 1-Year | 8-Year schedule | 5.6%Rate convention not stated |
Showing one representative CANNEX rate set that leads the other returned versions across matching terms and premium bands. State- or rider-specific versions require a personalized quote before purchase.
Key Features
Free withdrawal
10%/yrAnnual amount that may be available without surrender charges, subject to contract terms.
Surrender waivers
2Nursing home waiver, Terminal illness waiver
Death benefit
Standard Death BenefitBeneficiary value depends on contract terms, withdrawals, and rider elections.
Annuitization options
Single lifeContract conversion options should be confirmed before purchase.
Fund types
Non-qualified, QualifiedAvailability can vary by state and product terms.
Surrender Schedule
8-Year Version
Yr 1
9%
Yr 2
8%
Yr 3
7%
Yr 4
6%
Yr 5
5%
Yr 6
4%
Yr 7
3%
Yr 8
2%
After
0%
Nursing home waiver, Terminal illness waiver, Surrender waivers
Carrier Ratings
Free Comparison Report
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See how Flex 8 compares for your age, state, premium, and income goals alongside other GCU MYGA options.