Safe Haven Bonus Guarantee
Atlantic Coast Life
5.3062%
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
5.31% guaranteed for 5 years
A multi-year guaranteed annuity from Atlantic Coast Life using a simple-interest step-rate schedule — a higher first-year 'bonus' rate followed by a lower declared rate — offered across short-dated, mid-cycle, and ultra-long-dated terms with an annual free-withdrawal allowance, a surrender ladder with an MVA tail that extends past it, and a contract-value death benefit.
Best fit
Safety-first buyers who want a flat, contractually guaranteed rate locked for a chosen term, are comfortable with a below-A-bracket carrier in exchange for higher published rates than the A-bracket comparables, value the option to size the term length from short-dated through ultra-long, and understand that the headline 'bonus' is a first-year step rate rather than a deposit bonus.
AM Best
B Fair
Surrender period
6 years
Free withdrawal
10%/yr
Availability
39 jurisdictions
Product analyst notes
How to think about this contract
Why it can stand out
- Multiple guarantee-period choices spanning short-dated, mid-cycle, and ultra-long-dated terms sit under one filing, so a buyer can match the rate-lock window to a specific planning horizon without leaving the same contract.
- An annual free-withdrawal allowance runs alongside the surrender ladder, and an optional Accumulated Interest Withdrawal rider lets a buyer pull the credited interest each year — penalty-free liquidity rules are visible on this page rather than gated behind a brochure.
- Death benefit pays the full contract value rather than the surrender value — beneficiaries are not charged the surrender ladder, so a buyer dying inside the guarantee period transfers the account intact.
- Both qualified and non-qualified money are accepted, and the contract supports single, joint, trust, and corporate ownership — a buyer with a non-standard ownership structure does not need a different filing.
What to confirm
- The carrier's A.M. Best financial-strength rating sits below the A-bracket where most safety-first buyers expect their MYGA carriers to live, and the long guarantee periods on this filing mean a buyer locking principal is taking carrier strength on multi-year credit. Confirm comfort with the rating before committing.
- The 'Bonus Guarantee' name refers to a simple-interest step schedule: the contract credits a higher first-year rate and then steps down to a lower declared rate for the remainder of the guarantee period. The effective annual yield over the full term is meaningfully lower than the first-year rate — verify which figure any illustration is built on, and compare the effective annual rate, not the first-year bonus.
- A market value adjustment applies during the surrender period and continues on an MVA tail well past the surrender ladder's step-down to zero — early exits can return less than the account value if interest rates have risen since issue, and the MVA exposure lasts longer than the published surrender ladder.
- The filing is offered in a limited subset of US jurisdictions — several large states are excluded, so confirm availability in the buyer's state of residence on the state-availability section of this page before any planning work.
Not ideal for
Buyers who require an A-bracket carrier rating, buyers who read a first-year step rate as the contract's true yield, buyers who need full unrestricted liquidity, buyers in one of the states this filing is not offered in, and buyers looking for market-linked upside, a premium bonus on the deposit, or a guaranteed-lifetime-income rider — a MYGA is a fixed declared-rate contract, not any of those.
Guaranteed Rates by Term
| Term | Guaranteed Rate |
|---|---|
| 3-Year | 5.4778% |
| 5-Year | 5.3062% |
| 6-Year | 5.7% |
| 7-Year | 5.0575% |
| 10-Year | 4.7465% |
| 20-Year | 5.15% |
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
4%
After
0%
Carrier Ratings
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