What is the minimum guaranteed surrender value for Liberty Bankers Heritage Classic?

Heritage Classic offers flexibility through penalty-free withdrawals of up to 10% of the accumulated value after the first contract year and includes several health-related waiver benefits. It is structured to renew at the end of the chosen guarantee period, as long as the renewal doesn’t surpass age 95, and offers use with both qualified and non-qualified funds in most states (except CA & NY).

What is the minimum premium amount for Liberty Bankers Heritage Classic?

The minimum premium amount is $10,000.

What is the maximum issue age for Liberty Bankers Heritage Classic?

The maximum issue age is 90 years.

What is the current interest rate for Liberty Bankers Heritage Classic?

The current interest rate is 4.65%.

What is the surrender charge schedule for Liberty Bankers Heritage Classic?

For Heritage Classic, surrender charges vary by term and decrease annually, ending at year 3 for the 3-year product and at year 9 for the 9-year product. For example, the 5-year term includes charges of 8.0%, 7.0%, 6.0%, 5.0%, and 4.5%, with 0% afterward. Withdrawals beyond the allowed 10% annual free withdrawal (after the first year) are subject to these charges along with a Market Value Adjustment (MVA) during the surrender charge period.

What are the best rates available for Liberty Bankers Heritage Classic?

The best available rate is 4.85% for a 9 year term.

Liberty Bankers

Liberty Bankers Heritage Classic

About this product

Heritage Classic is a single premium, multi-year guaranteed annuity (MYGA) designed to offer reliable growth and access to funds. It provides a fixed interest rate for a selected guarantee period of 3, 5, 7, or 9 years. This product is suitable for individuals seeking greater liquidity options and health-based withdrawal benefits while maintaining stable, long-term accumulation.

Available Rates

Rates are based on current simulation settings with premium amount $100,000.00

3 Years	4.65%
5 Years	4.85%
7 Years	4.85%
9 Years	4.85%

Available Guarantee Periods

Rates are based on current simulation settings with premium amount $100,000.00

$10,000.00 - $1,000,000.00

4.65%

Features
Maximum Issue Age	90 years

Lifetime Income Details

Payout Options

Annuitization

Lump Sum Withdrawal

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