Simulation & Edit Mode
Active Product: Knighthead Life – Staysail™ MYGA (Liquidity Rider – National Version)
Knighthead Life – Staysail™ MYGA (Liquidity Rider – National Version)
About this product
The Staysail™ MYGA with Liquidity Rider is a single-premium Multi-Year Guaranteed Annuity (MYGA) issued by Merit Life Insurance Co. offering fixed, tax-deferred interest growth and full principal protection across 3-, 5-, and 7-year guarantee periods. This version includes an optional Liquidity Rider that provides penalty-free access to up to 10% of the Accumulation Value each year, offering enhanced flexibility while still maintaining strong guaranteed rates and predictable performance. Designed for conservative savers who value both stability and accessible funds, Staysail supports secure, low-volatility accumulation with contractually guaranteed interest.
Important Disclaimer
The results displayed here are for simulation purposes only and do not represent financial advice or real-world values. Please consult a qualified financial professional before making any investment decisions.
Available Rates
| 3 Years | 5.35% |
| 5 Years | 5.85% |
| 7 Years | 6.05% |
Available Guarantee Periods
Rates based on investment amount $100,000.00
| $10,000.00 - $99,999.00 | 5.10% |
| $100,000.00 - $2,000,000.00 | 5.35% |
Features
| Maximum Issue Age | 85 years |
Growth Projection
How your money grows
Based on your issue age (80) and target payout age (87), the following guarantee period will be applied:
| Guarantee Period | 7 years |
| Rate | 6.05% |
| Age | 80 - 87 |
Summary
| Total years to payout | 10 |
| Total guarantee periods applied | 2 |
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