Milestone Max MYGA
Sagicor Life Insurance Company
5.45%
7-yr guarantee
10%
Free W/D
44
Jurisdictions
Live product data
Rates as of May 29, 2026, based on the latest AdvisorWorld scan of CANNEX data.
7-year guaranteed rate
5.45% guaranteed for 7 years
A multi-year guaranteed annuity from A- rated Sagicor Life, offered in 3-through-7-year guarantee periods with a matching-length surrender ladder, MVA, and a standard annual free-withdrawal allowance — filed in 44 jurisdictions (NOT California, New York, Connecticut, Maine, Montana, Alaska, or Vermont; California buyers use the sibling Milestone MYGA filing).
Best fit
Safety-first buyers in one of the 44 filed states who want a known, contractually guaranteed interest rate for a defined number of years from a financially sound A- rated carrier, want a flexible 3-to-7-year term menu rather than a single lead term, and can size the premium to clear the contract's high-band threshold.
AM Best
A- Excellent
Surrender period
7 years
Free withdrawal
10%/yr
Availability
44 jurisdictions
Product analyst notes
How to think about this contract
Why it can stand out
- Full 3-through-7-year term menu (3, 4, 5, 6, and 7-year guarantee periods all priced on the live feed) — buyers can size the rate-lock to the horizon they actually want rather than being forced into a single 5-year or 7-year term.
- A- rated carrier with a 7-year surrender ladder that matches the longest published guarantee window — the surrender period does not extend past the guarantee, so buyers are not locked in beyond the rate-lock they signed up for.
- Standard annual free-withdrawal allowance for the entire surrender period, plus nursing-home and terminal-illness waivers built in (not optional riders) — gives the contract baseline liquidity for defined hardships without paying for a rider.
- Broad multi-state footprint (44 jurisdictions) so most buyers nationwide can purchase the product on its standard terms — and a California-specific sibling filing (Milestone MYGA) covers buyers in that state.
What to confirm
- Not filed in California, New York, Connecticut, Maine, Montana, Alaska, or Vermont — confirm state availability before recommending. California buyers should use the sibling Milestone MYGA filing (A00146); the other excluded states have no Sagicor MYGA option.
- A market value adjustment (MVA) applies during the surrender period. If interest rates rise after issue, an early surrender can return less than the account value — the MVA is in addition to, not in place of, the surrender charge.
- Premium banding — the headline rate shown here reflects the high-band premium tier. Buyers placing under that threshold receive a lower band rate; check the live premium-band breakpoints and size the premium to clear the band before sizing the contract.
- This is a fixed declared-rate contract: no upside participation in any market index, no built-in lifetime-income mechanism, and no income rider available. Buyers looking for either growth participation or guaranteed lifetime income should be comparing FIAs, not this product.
Not ideal for
California buyers (use the sibling Milestone MYGA filing instead), buyers in New York, Connecticut, Maine, Montana, Alaska, or Vermont where this product is not filed, buyers who need ongoing access to principal during the surrender window, buyers who want exposure to a market index, or buyers looking for guaranteed lifetime income.
Guaranteed Rates by Term
| Term | Guaranteed Rate |
|---|---|
| 3-Year | 4.95% |
| 4-Year | 4.95% |
| 5-Year | 5.4% |
| 6-Year | 5.45% |
| 7-Year | 5.45% |
Key Features
Free withdrawal
10%/yrAnnual amount that may be available without surrender charges, subject to contract terms.
Surrender waivers
2Nursing home waiver, Terminal illness waiver
Death benefit
Death BenefitBeneficiary 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%
Yr 7
3%
After
0%
Nursing home waiver, Terminal illness waiver, Surrender waivers
Carrier Ratings
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