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Active Product: Sagicor – Milestone MYGA CA (3-, 4-, 5-, 6- and 7-Year Terms)
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.
Important Disclaimer
The results displayed here are for simulation purposes only and do not represent financial advice or real-world values. Please consult a qualified financial professional before making any investment decisions.
Available Rates
| 3 Years | 4.95% |
| 4 Years | 4.75% |
| 5 Years | 5.15% |
| 6 Years | 5.20% |
| 7 Years | 5.20% |
Available Guarantee Periods
Rates based on investment amount $100,000.00
| $15,000.00 - $49,999.00 | 3.75% |
| $50,000.00 - $99,999.00 | 4.50% |
| $100,000.00 - $1,000,000.00 | 4.95% |
Features
| Maximum Issue Age | 90 years |
Growth Projection
How your money grows
Based on your issue age (55) and target payout age (62), the following guarantee period will be applied:
| Guarantee Period | 7 years |
| Rate | 5.20% |
| Age | 55 - 62 |
Summary
| Total years to payout | 30 |
| Total guarantee periods applied | 5 |
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