Highest effective annual rate
5.3%
1-yr effective annual yield · 7-yr surrender schedule · $3,000+ premium
Highest current CANNEX effective annual rate across the available 1-year, 3-year, 5-year, and 7-year step schedules.
View all rates and terms ↓10%
Free W/D
47
Available jurisdictions
Rates as of August 6, 2026. CANNEX via AdvisorWorld; confirm rates and state availability before purchase.
Product analyzer
Run numbers for SPDA Series II
guaranteed rates, terms, state availability, surrender details, and contract facts stay scoped to this Integrity Life Insurance Company product.
Live product data
Rates as of August 6, 2026, from AdvisorWorld and CANNEX.
Guaranteed rate for the lead term
4.35% effective annual rate over the 5-year term
A seven-year single-premium deferred annuity from Integrity Life Insurance Company (Western & Southern Financial Group) — a guaranteed rate for the published lead term, a seven-year declining surrender ladder without a market-value adjustment, annual free-withdrawal allowance, and an expanded NH/TI/unemployment waiver set on the live feed.
Best fit
Buyers who want a guaranteed-rate fixed deferred annuity from an established carrier without market-value-adjustment exposure on early surrenders, who do not live in Maine, New Hampshire, or Vermont, are comfortable with a seven-year rate lock, and value carrier financial-strength visibility across multiple rating agencies.
Available guarantee terms
1, 3, 5, and 7 years
AM Best
A+ Superior
Surrender period
7 years
Free withdrawal
10%/yr
Availability
47 jurisdictions (excl. Maine, New Hampshire, Vermont, Wyoming)
Product analyst notes
How to think about this contract
Why it can stand out
- Seven-year surrender ladder with no market-value adjustment on the live feed — an unusual structure for a longer-window fixed deferred annuity, where surrendering beyond the free-withdrawal allowance is governed only by the scheduled charge and not also by a rate-environment adjustment.
- Annual free-withdrawal allowance plus nursing-home, terminal-illness, and unemployment surrender waivers on the live feed for unplanned-exit scenarios — a broader-than-average waiver set on a fixed deferred annuity.
- Both single-life and joint-life annuitization options are available from the live feed for buyers who want to convert the contract to a lifetime income stream at the end of the guarantee period.
- Backed by Integrity Life Insurance Company, a Western & Southern Financial Group subsidiary, with carrier financial-strength views visible from multiple agencies on this page from the live feed.
What to confirm
- Maine, New Hampshire, and Vermont are excluded from this contract on the live feed — confirm state availability before relying on the headline rate, since buyers in those states are not on the same contract.
- Surrender charges run the full seven-year ladder regardless of which rate-lock term the buyer chooses on the live menu — a buyer who picks a shorter guarantee period is still inside the surrender schedule for several additional years after the rate-lock window ends, even without a market-value adjustment.
- Posted rates on this page reflect a specific premium-band and issue-age scenario from the live feed; deposits in lower or higher bands, or for materially different issue ages, may earn a different guaranteed rate.
- There is no premium bonus and no guaranteed-lifetime-withdrawal rider on this contract — the contract is built for rate certainty over a single fixed window, not for an upfront bonus credit or income-rider economics.
Not ideal for
Buyers in Maine, New Hampshire, or Vermont (the contract excludes those states), buyers who want a surrender ladder that ends with the rate-lock term (the seven-year schedule runs independent of which guarantee period is chosen), buyers who want a premium bonus or guaranteed-lifetime-withdrawal rider, or buyers who want indexed-strategy upside instead of a flat declared rate.
Free Comparison Report
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Guaranteed Rates by Term
| Term | Surrender term | Published rate |
|---|---|---|
| 1-Year | 7-Year schedule | 5.3%Effective annual rate · full term5.3% first year · 4.3% renewal |
| 3-Year | 7-Year schedule | 4.5823%Effective annual rate · full term5.25% first year · 4.25% renewal |
| 5-Year | 7-Year schedule | 4.3492%Effective annual rate · full term5.15% first year · 4.15% renewal |
| 7-Year | 7-Year schedule | 4.1923%Effective annual rate · full term5.05% first year · 4.05% renewal |
Key Features
Free withdrawal
10%/yrAnnual amount that may be available without surrender charges, subject to contract terms.
Surrender waivers
3Nursing home waiver, Terminal illness waiver, Unemployment waiver
Death benefit
Standard Death BenefitBeneficiary value depends on contract terms, withdrawals, and rider elections.
Annuitization options
Single and jointContract conversion options should be confirmed before purchase.
Fund types
Non-qualified, QualifiedAvailability can vary by state and product terms.
Surrender Schedule
7-Year Version
Yr 1
7%
Yr 2
7%
Yr 3
7%
Yr 4
6%
Yr 5
5%
Yr 6
4%
Yr 7
3%
After
0%
Nursing home waiver, Terminal illness waiver, Unemployment waiver, Surrender waivers
Carrier Ratings
Free Comparison Report
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See how SPDA Series II compares for your age, state, premium, and income goals alongside other Integrity Life Insurance Company MYGA options.