Rates, state availability, rider terms, and contract language must be confirmed with a licensed financial advisor or insurance professional before purchase. Guarantees are backed by the issuing insurer.
Model this product
See what Marquis® Centennial would do for you
Set your numbers and switch between growth, income, and liquidity. Index losses credit 0% — the floor — so a down market never reduces your value.
Product analyzer
Illustrative — live CANNEX rates as of July 13, 2026; not a projection or guarantee.
Crediting strategy
Compare against
$314,891
Est. value at age 80 (Marquis® Centennial)
8%
Best S&P 500 1-yr point-to-point cap
S&P 500 Index — 11% Monthly cap (Monthly Avg Cap)
✦
How crediting works: the monthly cap limits each positive monthly index return before monthly returns are summed; a down year credits 0%, never a loss. A monthly cap strategy uses month-by-month index changes rather than a single annual point-to-point return. What is a cap vs participation? →
Assumptions: illustrative — applies Marquis® Centennial's published monthly cap (11% on S&P 500 Index) to a standard benchmark hypothetical monthly index path. Positive monthly returns are capped month by month, negative monthly returns are included in the annual sum, and the final annual credit is floored at 0% over 20 years. Not a projection, quote, or guarantee. Live CANNEX rates as of July 13, 2026.
Free Comparison Report
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See how Marquis® Centennial compares for your age, state, premium, and income goals alongside other Lafayette Life fixed indexed annuity options.
Current rates, riders, crediting strategies, state availability, and contract facts stay scoped to this Lafayette Life product.
Live product data
Rates as of July 13, 2026, based on the latest AdvisorWorld scan of CANNEX data.
S&P 500 annual cap rate
8% cap on S&P 500
A ten-year-surrender fixed indexed annuity from A-rated Lafayette Life (Western & Southern), built for index-linked accumulation across cap, monthly-cap, and term-laddered participation strategies on the S&P 500 and two proprietary volatility-controlled indexes, with no income rider and no premium bonus.
1-year term7-year surrenderAdvisorWorld + CANNEX data
Best fit
Buyers committed to a full ten-year deferral who want index-linked accumulation, value being able to mix crediting designs (cap, monthly cap, multi-year participation) on the same chassis, and don't need a guaranteed lifetime-income rider built into the contract.
AM Best
A+ Superior
Surrender options
7 and 10 years
Free withdrawal
10%/yr
Availability
50 jurisdictions (excl. New York)
Featured crediting strategies
Caps, participation rates, and declared rates are shown separately.
Index / strategyRate mechanicsCreditingSurrenderPremium
S&P 500
S&P 500 Index
8% cap rate
Annual cap
1-year term · 7-year surrender · Premium band not shown
1-year term
7-year surrender
Premium band not shown
S&P 500
S&P 500 Index
monthly avg cap
11% cap rate
Monthly cap
1-year term · 7-year surrender · Premium band not shown
1-year term
7-year surrender
Premium band not shown
S&P 500
S&P 500 Index
monthly sum cap
2.35% cap rate
Monthly sum
1-year term · 7-year surrender · Premium band not shown
1-year term
7-year surrender
Premium band not shown
S&P 500
S&P 500 Index
8% cap rate
Annual cap
1-year term · 10-year surrender · Premium band not shown
1-year term
10-year surrender
Premium band not shown
S&P 500
S&P 500 Index
monthly avg cap
11% cap rate
Monthly cap
1-year term · 10-year surrender · Premium band not shown
1-year term
10-year surrender
Premium band not shown
S&P 500
S&P 500 Index
monthly sum cap
2.35% cap rate
Monthly sum
1-year term · 10-year surrender · Premium band not shown
1-year term
10-year surrender
Premium band not shown
Fixed Account
Fixed Account
4.1% declared rate
Fixed account
1-year term · 7-year surrender · Premium band not shown
1-year term
7-year surrender
Premium band not shown
Fixed Account
Fixed Account
4.1% declared rate
Fixed account
1-year term · 10-year surrender · Premium band not shown
Carrier financial-strength is rated by two independent agencies (A.M. Best and S&P), so the strength view is not a single-source read.
Three crediting designs are offered on the S&P 500 alone — annual point-to-point cap, monthly-average cap, and monthly-sum cap — so a buyer who wants S&P exposure can pick the mechanic that best fits their view of the index, rather than being locked into a single style.
Participation-rate strategies on the J.P. Morgan Strategic Balanced Index and the GS Momentum Builder Multi-Asset Class are offered on three term ladders (1-year, 2-year, and 3-year point-to-point), letting a buyer trade annual reset flexibility for materially higher participation by committing to a multi-year crediting term.
Free-withdrawal allowance and the full ten-year surrender ladder are visible on this page, so the schedule of penalty-free liquidity is not gated behind a sales brochure.
What to confirm
This contract is not a guaranteed-lifetime-withdrawal product. There is no GLWB income rider attached — the live feed shows an empty income-rider list — and the only contract-level enhancements are two surrender-charge waivers (nursing home, terminal illness). Do not compare its payout side-by-side with a rider-led income FIA.
The ten-year surrender term is at the long end of the FIA market, opening with a high first-year surrender charge that does not drop into the low single digits until late in the schedule. Buyers who do not need a full ten-year deferral should compare a shorter-surrender FIA before locking in.
There is no premium bonus and no death-benefit roll-up on this contract — the death benefit is the standard contract value, with no guaranteed legacy bump. Buyers prioritizing a legacy step-up should evaluate that separately.
The contract's guaranteed-minimum cap floor on this filing is very low, so caps and participation rates can reset down toward that floor over the ten-year surrender term and the buyer carries that renewal risk for the full term. The J.P. Morgan Strategic Balanced and GS Momentum Builder strategies are proprietary volatility-controlled indexes — their participation rates are not directly comparable to an uncontrolled S&P 500 cap and should be evaluated on their own historical behavior. New York buyers should note that this filing is not available in NY.
Not ideal for
Buyers who need a contractually guaranteed GLWB-rider withdrawal rate, want a shorter surrender commitment, expect a premium bonus to offset a long surrender term, or want a death-benefit roll-up beyond the standard contract value — none of those are what this contract is built to deliver. Also not available to New York residents on this filing.
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See how Marquis® Centennial compares for your age, state, premium, and income goals alongside other Lafayette Life fixed indexed annuity options.
These are the current crediting strategy listings returned for this product. Use the filters to narrow by index, term, premium band, or rate type.
Par: 145% · 1-yr
GS Momentum Builder Multi-Asset Class
participation
7-yr surrender
Par: 122% · 1-yr
J.P. Morgan Strategic Balanced Index
participation
7-yr surrender
Cap: 11% · 1-yr
S&P 500 Index
monthly_avg_cap
7-yr surrender
Cap: 8% · 1-yr
S&P 500 Index
cap
7-yr surrender
Fixed: 4.1% · 1-yr
Fixed Account
fixed
7-yr surrender
Cap: 2.35% · 1-yr
S&P 500 Index
monthly_sum_cap
7-yr surrender
Par: 215% · 2-yr
GS Momentum Builder Multi-Asset Class
participation
7-yr surrender
Par: 175% · 2-yr
J.P. Morgan Strategic Balanced Index
participation
7-yr surrender
Par: 285% · 3-yr
GS Momentum Builder Multi-Asset Class
participation
7-yr surrender
Par: 212% · 3-yr
J.P. Morgan Strategic Balanced Index
participation
7-yr surrender
Income riders
Accumulation-focused — no income rider
This contract is designed for tax-deferred accumulation, not guaranteed lifetime income. No GLWB rider was returned because none is part of the contract design — compare against other accumulation FIAs on cap, participation rate, and surrender terms rather than lifetime income.
Linked review
Marquis® Centennial review notes
Discover Lafayette Life’s Group Marquis Centennial Flexible Premium FIA. A reliable solution for employer-sponsored retirement plans.
“Offers a practical mix of flexibility and accumulation potential, tailored for employer-sponsored plans with trustee-directed structure and market-linked growth supported by principal protection. However, the absence of optional riders and individual-level enhancements, along with a relatively basic feature set, may limit its appeal compared to more customizable or participant-focused alternatives.”
A negative index return by itself does not reduce the contract's account value: Marquis® Centennial credits 0% — the floor — for that indexed period. The account value can still decrease from applicable rider fees, Performance Rate Rider or other strategy charges, administrative charges, withdrawals, surrender charges, or other contract-specific deductions. In years with no credited interest, those deductions can reduce the account value. Up to 10% of your value can be withdrawn each year without a charge; withdrawals above the penalty-free amount during the surrender period can incur a surrender charge.
● When can I access my money without a surrender charge?
Up to 10% of your account value each year is penalty-free. The surrender period runs 10 years; after that you reach full liquidity. The Liquidity tab of the analyzer shows the year-by-year surrender charge.
● How do Marquis® Centennial's crediting strategies compare?
Use "Compare against" in the analyzer to overlay another current Marquis® Centennial strategy on the same premium, age, years, and hypothetical index path. The control labels the strategy type, rate, index, and context so caps, participation rates, triggers, spreads, and fixed-account choices are not treated as interchangeable.
Key Features
Free withdrawal
10%/yr
Annual amount that may be available without surrender charges, subject to contract terms.
Surrender waivers
2
Nursing home waiver, Terminal illness waiver
Death benefit
Standard Death Benefit
Beneficiary value depends on contract terms, withdrawals, and rider elections.
Cap-rate floor
0.10%
Minimum guaranteed cap for cap-based indexed strategies.
Fixed account guarantee
2.50%
Guaranteed minimum interest rate for the fixed account.
Participation-rate floor
10.00%
Minimum guaranteed participation rate for participation-rate indexed strategies.
Annuitization options
Single and joint
Contract conversion options should be confirmed before purchase.
Fund types
Non-qualified, Qualified
Availability can vary by state and product terms.
Surrender schedule
Yr 1
9%
Yr 2
9%
Yr 3
8%
Yr 4
7%
Yr 5
6%
Yr 6
5%
Yr 7
4%
Yr 8
3%
Yr 9
2%
Yr 10
1%
After
0%
Nursing home waiver, Terminal illness waiver, Surrender waivers
Direct link not published — request the document from the carrier.
Carrier Ratings
AM BestA+
S&PAA
S&PAA-
Contract notes from product data
Crediting design
How the interest-crediting choices are framed
Marquis® Centennial currently shows 10 distinct indexed or fixed crediting choices across 20 current rate listings, including S&P 500 Index and Fixed Account, with 6 volatility-controlled index options grouped separately. These choices matter because caps, participation rates, fixed accounts, spreads, renewal terms, and fee-bearing rider variants are different mechanics and should not be ranked as one simple rate list.
S&P 500 Index: 8% annual cap
S&P 500 Index: 11% monthly cap
S&P 500 Index: 2.35% monthly cap
Fixed Account: 4.1% fixed account rate
Liquidity terms
Why access rules deserve as much attention as rates
A fixed indexed annuity can preserve more control than an income-only contract, but access is still governed by the surrender schedule, free-withdrawal terms, and waiver language. Those details are where many product comparisons become more meaningful than a simple rate list.
10%/yr free withdrawal
10 surrender years
Nursing home waiver
Terminal illness waiver
Verification note
Use carrier materials as term evidence, then confirm the current version
Carrier materials such as LL-2755-marquis-sp-fixed-indexed-product-brochure.pdf and LL-2280 Marquis-centennial-indexed-annuity-product-overview-2.pdf help explain the contract language behind the data on this page; the latest document activity we see is Apr 8, 2026. For the current brochure, rate sheet, or specimen contract, confirm the state-specific version with the carrier or a licensed financial professional.
Rates and rider terms can vary by state and issue age
Carrier guarantees depend on claims-paying ability
Current contract forms should be confirmed before purchase
Free Comparison Report
Get a Marquis® Centennial rate report
See how Marquis® Centennial compares for your age, state, premium, and income goals alongside other Lafayette Life fixed indexed annuity options.