What is the minimum guaranteed surrender value for Sagicor Milestone Max MYGA?

This annuity offers a fixed interest rate for the selected guarantee period and allows 10% penalty-free withdrawals starting in the second year. It includes a death benefit equal to the full contract value, waivers for nursing home and terminal illness, RMD accessibility from year one for qualified contracts, and flexible income options after the first contract year. Renewal is automatic unless action is taken during the 30-day window.

What is the minimum premium amount for Sagicor Milestone Max MYGA?

The minimum premium amount is $25,000.

What is the maximum issue age for Sagicor Milestone Max MYGA?

The maximum issue age is 90 years.

What is the current interest rate for Sagicor Milestone Max MYGA?

The current interest rate is 4.75%.

What is the surrender charge schedule for Sagicor Milestone Max MYGA?

Surrender charges apply to any withdrawal above the 10% penalty-free limit and restart if the policy is renewed. The surrender charge schedule decreases annually. For example, the 5-year contract has a schedule of 9%, 8%, 7%, 6%, 5%. After the initial term, the contractholder receives a 30-day penalty-free window to withdraw funds or begin income payments. During periods when surrender charges apply, a Market Value Adjustment (MVA) also applies, which may increase or decrease the amount received based on interest rate movement. MVAs do not apply to the death benefit or the guaranteed surrender value.

What are the best rates available for Sagicor Milestone Max MYGA?

The best available rate is 5.35% for a 7 year term.

Sagicor Life Insurance Company

Sagicor Milestone Max MYGA

About this product

Milestone Max MYGA is a multi-year guaranteed single premium deferred annuity that provides predictable growth through guaranteed interest rates over fixed terms of 3, 4, 5, 6, or 7 years. Designed for retirees or pre-retirees, it offers principal protection, tax-deferred accumulation, penalty-free access in specific situations, and a legacy benefit—all issued by Sagicor Life Insurance Company.

Available Rates

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

3 Years	5.00%
4 Years	5.00%
5 Years	5.40%
6 Years	5.35%
7 Years	5.35%

Available Guarantee Periods

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

$25,000.00 - $74,999.00	4.75%
$75,000.00 - $1,000,000.00	5%

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