Rate Track

Your interest rate includes a fixed Guarantee Period Base Rate plus the 3 Month CME Term SOFR Reference Rate, which resets annually on your contract anniversary. The floating rate is capped and locked in for each year.

Choose either a 5-year or 7-year initial guarantee period during which your rate includes both the fixed base rate and floating rate components.

Security Benefit Life Insurance Company guarantees you will not lose your initial purchase payment, regardless of market conditions.

Interest compounds without annual taxation, allowing more money to work for you compared to taxable savings vehicles like CDs.

You can withdraw up to 10% of your initial premium in year one, and up to 10% of the prior anniversary account value each subsequent year without surrender charges.

Surrender charges are waived if you need to withdraw funds after the 3rd contract anniversary and are confined to a nursing home or hospital for more than 90 days.

Surrender charges are waived for withdrawals after the 3rd contract anniversary if diagnosed with a terminal illness expected to result in death within one year.

Your account value passes directly to your named beneficiaries without probate, providing quick access and no additional expense.

Your account is guaranteed to earn at least the GMIR, even if the floating rate component falls below zero, ensuring a floor on crediting.

Early withdrawals beyond the 10% free amount incur surrender charges that decrease over time. 5-year plans: 9%, 8%, 7%, 6%, 5%. 7-year plans: 9%, 8%, 7%, 6%, 5%, 4%, 3%.