SBLI USA Life Insurance Company, Inc.
SBLI USA Select Choice NY MYGA with ROP Rider (Option 2)
About this product
SBLI USA Select Choice NY MYGA with Return of Premium (ROP) Rider (Option 2) is a single premium deferred fixed annuity that includes the Return of Premium Rider, ensuring that at least your full initial premium (less prior withdrawals and applicable taxes) is returned if the contract is surrendered. Additionally, this option includes waivers for terminal illness and confinement, where available. It is a good fit for conservative clients who value principal protection.
Available Rates
Rates are based on current simulation settings with premium amount $100,000.00
| 3 Years | 4.45% |
| 5 Years | 4.40% |
| 7 Years | 4.65% |
Available Guarantee Periods
Rates are based on current simulation settings with premium amount $100,000.00
| $5,000.00 - $99,999.00 | 4% |
| $100,000.00 - $1,000,000.00 | 4.45% |
| Features | |
| Maximum Issue Age | 85 years |
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