Sage Accumulator
Sagicor Life Insurance Company
10%
Best Cap
10%
Free W/D
45
States
A fixed indexed annuity that protects your principal while giving you upside potential through interest crediting strategies linked to the S&P 500 Index or BlackRock ETFs. Designed for retirees who want growth opportunities without market risk.
Free Withdrawal
10%/yr
Available In
45 states
Min Premium
$25,000
Surrender
10 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| iShares ESG Aware MSCI USA ETF | Annual | -- | 52% | -- |
| iShares MSCI EAFE ETF | Annual | -- | 58.5% | -- |
| iShares MSCI Emerging Markets ETF | Annual | -- | 53% | -- |
| S&P 500 Index | Annual | 10% | 100% | -- |
| Fixed Account | Daily | -- | -- | 4.5% |
Key Features
Principal Protection
0.00% floorYour account value never decreases due to negative market returns; you earn a minimum of 0.00% interest annually
Interest Crediting Strategies
Multiple options availableChoose between Cap strategies (earn up to a ceiling rate) or Participation Rate strategies (earn a percentage of index gains)
Index Options
5 crediting strategy choicesLink to S&P 500 Index, iShares MSCI EAFE ETF, iShares MSCI Emerging Markets ETF, iShares ESG Aware MSCI USA ETF, or fixed Declared Rate
Surrender Charge Schedule
9% declining to 1-5% depending on year and scheduleChoose 5-, 7-, or 10-year surrender charge periods based on your retirement timeline
Penalty-Free Withdrawals
Up to RMD amount or specified percentageRMDs available in all years; annual penalty-free withdrawals available starting in contract year 2
Longevity Protection
Fixed amount, fixed period, or life optionsAnnuitization options provide lifetime income payments
Tax Deferral
Compound growth benefitInterest credited annually is tax-deferred; taxes paid only when withdrawing or taking annuity payments
Nursing Home/Terminal Illness Waiver
Full liquidity in qualifying situationsAccess funds with no surrender charges if confined to nursing home or terminal illness diagnosed
Highlights
Principal protection: Your account never earns less than 0% annually, even in down markets
Index-linked growth with caps and participation rates tied to S&P 500 or BlackRock ETFs
Flexible withdrawal options including penalty-free RMDs and access after year 2
Lifetime income options through annuitization to protect against outliving savings
Tax-deferred growth with annual crediting that locks in gains each contract year
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, RMD waiver, Terminal illness waiver
Best For
Retirees and near-retirees who want to grow their savings with market-linked returns while guaranteeing they won't lose principal, and who plan to hold the annuity for at least 5-10 years.
Consider Alternatives If
Investors who need immediate full liquidity, cannot accept surrender charges, or who prefer direct exposure to market upside without caps or participation rate limitations.
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