National Security – MYGA (3-, 4-, 5-, 6-, and 7-year terms, NQ only)
About this product
The National Security MYGA is a single-premium Multi-Year Guaranteed Annuity (MYGA) designed for non-qualified funds, offering steady, tax-deferred growth and guaranteed principal protection over 3-, 4-, 5-, 6-, and 7-year terms. It provides simple, fixed-rate accumulation ideal for conservative savers seeking predictable performance without exposure to market risk.
Issued by National Security Insurance Company, the product emphasizes financial stability, clear liquidity options, and flexible renewal at maturity. Policyholders can access 10% of the account value annually (starting in year two) without penalty, and at the end of the term, may withdraw, renew, or annuitize the full accumulation value with no surrender charges.
Available Rates
Rates are based on current simulation settings with premium amount $100,000.00
| 3 Years | 5.40% |
| 4 Years | 5.50% |
| 5 Years | 5.60% |
| 6 Years | 5.65% |
| 7 Years | 5.70% |
Available Guarantee Periods
Rates are based on current simulation settings with premium amount $100,000.00
| $25,000.00 - $1,000,000.00 | 5.4% |
| Features | |
| Maximum Issue Age | 85 years |
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