Safe Harbor Bonus Guarantee
Atlantic Coast Life
5.9091%
5-yr guarantee
10%
Free W/D
39
Jurisdictions
Live product data
Rates as of May 29, 2026, based on the latest AdvisorWorld scan of CANNEX data.
Lead-term guaranteed rate
5.91% guaranteed for 5 years
A multi-year guaranteed annuity from Atlantic Coast Life sold on a simple-interest step schedule with multiple guarantee-period lengths from short- to ultra-long-dated, a generous annual free-withdrawal allowance, a long surrender ladder with MVA, and availability in a limited subset of US jurisdictions.
Best fit
Safety-first buyers who want a known, contractually guaranteed annual rate for a defined number of years, value a meaningful annual free-withdrawal allowance, can commit principal across the full guarantee period, and are comfortable underwriting a below-A-bracket carrier after reviewing state-guaranty-association coverage in their state.
AM Best
B Fair
Surrender period
20 years
Free withdrawal
10%/yr
Availability
39 jurisdictions
Product analyst notes
How to think about this contract
Why it can stand out
- Published guaranteed rates at several distinct guarantee-period lengths spanning short, mid, long, and ultra-long terms, so a buyer can match the lock-in window to a real planning horizon — including a long-dated option that most MYGA filings do not offer.
- Annual free-withdrawal allowance sits toward the higher end of the MYGA range, giving a buyer meaningful penalty-free access each year alongside the rate lock.
- The contract supports qualified and non-qualified money and single, joint, trust, or corporate ownership under the same filing, so most ownership structures do not require a different product.
- Both single-life and joint-life annuitization options are available, so a buyer who eventually wants to convert the contract value to a lifetime income stream has that route built in.
What to confirm
- This product is sold on a simple-interest step schedule — a higher first-year 'bonus' rate followed by a lower renewal rate for the remainder of the guarantee period. The marketing headline is the first-year rate; the rate this page surfaces is the compound-equivalent effective annual rate over the full term, which is materially lower than the first-year bonus and is the figure that matters for an apples-to-apples comparison against other MYGAs.
- Atlantic Coast Life sits below the A-bracket where most large MYGA carriers are rated. A buyer locking principal for the full guarantee period should weigh the rate against the carrier financial-strength view and check state-guaranty-association coverage limits in their state of residence.
- The surrender period runs the full length of the contract with a market value adjustment in addition to the surrender charge — the schedule remains in effect well past the chosen guarantee period. An unplanned early exit beyond the annual free-withdrawal allowance carries a real cost for many years, not just during the lead guarantee window.
- The filing is offered in a limited subset of US jurisdictions — confirm the buyer's state of residence on the state-availability section of this page before any planning work, because eligibility is not nationwide. The death benefit is the contract value (with applicable surrender charges and MVA per contract terms) — there is no roll-up, step-up, or premium bonus credited to the death benefit.
Not ideal for
Buyers who need short-window liquidity beyond the annual free-withdrawal allowance, buyers who insist on an A-bracket carrier, buyers who read the first-year 'bonus' rate as the rate they will earn over the full term, buyers who want market-linked upside or a guaranteed-lifetime-income rider, or buyers looking for a stepped-up or roll-up death benefit — a simple-interest MYGA is none of those things.
Guaranteed Rates by Term
| Term | Guaranteed Rate |
|---|---|
| 3-Year | 5.7914% |
| 5-Year | 5.9091% |
| 6-Year | 6.67% |
| 7-Year | 5.8926% |
| 10-Year | 5.9058% |
| 20-Year | 8.75% |
Key Features
Death benefit
Optional Contract Value DBBeneficiary value depends on contract terms, withdrawals, and rider elections.
Annuitization options
Single and jointContract conversion options should be confirmed before purchase.
Fund types
Non-qualified, QualifiedAvailability can vary by state and product terms.
Surrender Schedule
Yr 1
9%
Yr 2
8%
Yr 3
7%
Yr 4
6%
Yr 5
5%
Yr 6
5%
Yr 7
5%
Yr 8
5%
Yr 9
5%
Yr 10
5%
Yr 11
5%
Yr 12
5%
Yr 13
5%
Yr 14
5%
Yr 15
5%
Yr 16
5%
Yr 17
5%
Yr 18
5%
Yr 19
5%
Yr 20
5%
After
0%
Carrier Ratings
Free Comparison Report
Get a personalized Safe Harbor Bonus Guarantee illustration
See year-by-year projections for your specific age, premium, and income goals.