Safe Anchor Rate & Reviews

Atlantic Coast Life’s Safe Anchor Market Guarantee annuity provides flexibility by allowing the selection of optional riders to a 5 year, single premium, a deferred annuity with three different indexing strategies, in addition to a fixed account. These riders eliminate possible Surrender Charges or Market Value Adjustments (MVA) in certain situations. The owner selects only the riders that fit his/her needs without paying for features that he/she doesn’t require.

30 Day Option
30 days prior to the end of any guarantee period, the following options are available:

Continue the contract for another guarantee period
Apply the Accumulation Value to a Settlement Option
Take a withdrawal, with no MVA or Surrender Charges, and apply the remaining value to another guarantee period
Surrender the contract without MVA or Surrender Charges Settlement Options Option 1 – Life Income Only Option 2 – Life Income with Guaranteed Period Certain Option 3 – Period Certain Only Death Benefit The amount payable if the Owner, or the Annuitant if the Owner is not a Natural Person, dies before annuity payments being are equal to the Cash Surrender Value. The following options are available to each beneficiary:
Lump Sum
Distributed within five years
Installment payments using a Settlement Option (Surrender Charges and MVA are waived)
Enhanced Death Benefit Option - Receive the Benefit Base payable in equal periodic payments over 5 years. - Benefit Base receives a Rollup Rate equal to 150% of the Net Interest Rate

Surrender Charges Attained Age: 90-93: 5%, 94: 4%, 95: 3%, 96: 2%, 97: 1%, 98-100: 0%

Available in states: AL, AZ, AR, CO, GA, HI, IL, IN, IA, KS, KY, LA, MD, MA, MS, MO, MT, NE, NV, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, and WY

Name	Type	Rates
5-Year Fixed Account	Fixed	2.7% Fixed
1-Year S&P 500 PTP Cap	Point to Point Annual	4.1% Cap
1-Year S&P 500 PTP Monthly Average Cap	Point to Point Annual Monthly average	4.2% Cap
1-Year S&P 500 PTP Monthly Sum Cap	Point to Point Annual Monthly sum	1.75% Cap

Year	1	2	3	4	5
Penalty	10%	9%	8%	7%	5%

Name	Inbuilt	Fee
Death Benefit Feature	No	0.25% rate reduction
Preferred 10% Free Withdrawal	No	0.15% rate reduction
Accumulated Interest Withdrawal	No	0.05% rate reduction
Optional Required Minimum Distribution - 0.16% fee	No	0.16% annually

Safe Anchor

Allocation Accounts

Surrender schedule

Riders