Sentinel Security Life Annuity Rate decrease Effective 7/01/2017
Personal Choice – MYGA Rate Adjustment Effective 07/01/2017
Based on current market conditions we are lowering the crediting rates on the Sentinel Personal Choice Annuity. Effective July 1, 2017, the 5-year, 7-year and 10-year rates will be reduced by 10 bps.
Summit Bonus Index – Indexing Strategy Caps Adjustment
Effective 07/01/2017
Based on current market conditions, we are lowering the indexing strategy caps on the Summit Bonus Index effective July 1, 2017.
Important Dates to Remember
- June 30, 2017 – Date application must be signed to receive current interest rates and indexing strategy caps. Applications must be signed by June 30, 2016 or before to receive the current interest rates and indexing strategy caps.
- July 1, 2017 – Date when new interest rates and indexing strategy caps takes effect. Any application signed on July 1, 2017 and later will receive the new interest rates and indexing strategy caps.
- July 7, 2017 – Date application must be received in the Home Office to receive current interest rates and indexing strategy caps. Applications signed by June 30, 2017 or earlier must be received in the Home Office on July 7, 2017 to receive the current interest rates and indexing strategy caps. We will accept faxed or emailed applications on July 7, 2017. New Business Email: newbusiness@sslco.com
New Business Fax: 888-433-4795
August 14, 2017 – Date 45-day rate lock ends. All transfers and exchanges for any application signed on June 30, 2017 or earlier must be completed by August 14, 2017 in order to receive the current interest rates and indexing strategy caps.
