What is the minimum guaranteed surrender value for Sagicor – Milestone Max MYGA (3-, 4-, 5-, 6- and 7-year terms)?

Milestone Max MYGA is a Single Premium Deferred Annuity (SPDA) that credits a fixed interest rate for the entire duration of the selected guarantee period. The owner makes a one-time premium payment and selects a 3-, 4-, 5-, 6-, or 7-year term, during which interest grows tax-deferred. Beginning in the second contract year, the policy allows annual penalty-free withdrawals of up to 10% of the prior contract anniversary accumulation value, while withdrawals above this amount may be subject to surrender charges and a Market Value Adjustment (MVA). At the end of the guarantee period, a 30-day penalty-free window provides the opportunity to renew, surrender, annuitize, or transition to another option without surrender charges or MVA.

What is the minimum premium amount for Sagicor – Milestone Max MYGA (3-, 4-, 5-, 6- and 7-year terms)?

The minimum premium amount is $25,000.

What is the maximum issue age for Sagicor – Milestone Max MYGA (3-, 4-, 5-, 6- and 7-year terms)?

The maximum issue age is 90 years.

What is the current interest rate for Sagicor – Milestone Max MYGA (3-, 4-, 5-, 6- and 7-year terms)?

The current interest rate is 4.55%.

What is the surrender charge schedule for Sagicor – Milestone Max MYGA (3-, 4-, 5-, 6- and 7-year terms)?

Withdrawals exceeding the 10% annual free-withdrawal limit, or a full surrender during the guarantee period, are subject to surrender charges and may also incur an MVA. Charges decline each year until reaching 0% at the end of the term. All funds become fully penalty-free during the 30-day penalty-free window following the guarantee period. Milestone Max MYGA is not available in California.

What are the best rates available for Sagicor – Milestone Max MYGA (3-, 4-, 5-, 6- and 7-year terms)?

The best available rate is 5.25% for a 7 year term.

Sagicor Life Insurance Company

Sagicor – Milestone Max MYGA (3-, 4-, 5-, 6- and 7-year terms)

About this product

The Sagicor Milestone Max MYGA is a single-premium Multi-Year Guaranteed Annuity (MYGA) issued by Sagicor Life Insurance Company that provides fixed, tax-deferred interest growth and full principal protection across 3-, 4-, 5-, 6-, and 7-year guarantee periods. It offers contractually guaranteed credited interest rates with no market exposure and enhanced liquidity features, making it suitable for conservative savers seeking predictable accumulation and flexibility as they approach or enter retirement.

Available Rates

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

3 Years	4.80%
4 Years	4.80%
5 Years	5.20%
6 Years	5.20%
7 Years	5.25%

Available Guarantee Periods

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

$25,000.00 - $74,999.00	4.55%
$75,000.00 - $1,000,000.00	4.8%

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