What is the minimum guaranteed surrender value for Sagicor – Milestone MYGA CA (3-, 4-, 5-, 6- and 7-Year Terms)?

Milestone MYGA CA is a Single Premium Deferred fixed annuity that credits a guaranteed fixed interest rate over the selected guarantee period. The owner makes a one-time premium payment and selects a 3-, 4-, 5-, 6-, or 7-year guarantee period, during which interest grows tax-deferred. Beginning in the second contract year, the policy allows annual penalty-free withdrawals up to 10% of the prior anniversary accumulation value (subject to a $500 minimum). Withdrawals above this amount may be subject to surrender charges, and a Market Value Adjustment (MVA) may apply. At the end of the initial guarantee period, the contract provides a 30-day penalty-free window for surrender, renewal, changes, or annuitization elections, subject to contract provisions.

What is the minimum premium amount for Sagicor – Milestone MYGA CA (3-, 4-, 5-, 6- and 7-Year Terms)?

The minimum premium amount is $15,000.

What is the maximum issue age for Sagicor – Milestone MYGA CA (3-, 4-, 5-, 6- and 7-Year Terms)?

The maximum issue age is 90 years.

What is the current interest rate for Sagicor – Milestone MYGA CA (3-, 4-, 5-, 6- and 7-Year Terms)?

The current interest rate is 3.75%.

What is the surrender charge schedule for Sagicor – Milestone MYGA CA (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 penalty-free during the 30-day penalty-free window at the end of the initial surrender charge period and at the beginning of each subsequent surrender charge period (where applicable).

What are the best rates available for Sagicor – Milestone MYGA CA (3-, 4-, 5-, 6- and 7-Year Terms)?

The best available rate is 5.20% for a 7 year term.

Sagicor Life Insurance Company

Sagicor – Milestone MYGA CA (3-, 4-, 5-, 6- and 7-Year Terms)

About this product

The Sagicor Milestone MYGA CA is a single-premium Multi-Year Guaranteed Annuity (MYGA) issued by Sagicor Life Insurance Company and available only in California (Contract Form 3008CA). It provides fixed, tax-deferred interest growth and principal protection through guaranteed interest rates over selected 3-, 4-, 5-, 6-, or 7-year guarantee periods, with penalty-free withdrawal access beginning in year two and a death benefit equal to the accumulation value.

Available Rates

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

3 Years	4.95%
4 Years	4.75%
5 Years	5.15%
6 Years	5.20%
7 Years	5.20%

Available Guarantee Periods

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

$15,000.00 - $49,999.00	3.75%
$50,000.00 - $99,999.00	4.5%
$100,000.00 - $1,000,000.00	4.95%

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