Annuity rate data updated daily

Rate data refreshes daily from AdvisorWorld and CANNEX carrier feeds. View current rates

Fixed Indexed Annuity

Summit Bonus Index

Sentinel Security Life

2.5%

Best Cap

10%

Free W/D

33

States

Product data status: May 29, 2026

Rates, state availability, rider terms, and contract language must be confirmed with a licensed financial advisor or insurance professional before purchase. Guarantees are backed by the issuing insurer.

Live product data

Rates as of May 29, 2026, based on the latest AdvisorWorld scan of CANNEX data.

S&P 500 annual point-to-point cap rate

2.5% cap on S&P 500

An accumulation-focused fixed indexed annuity from Sentinel Security Life built around a recognizable S&P 500 annual point-to-point cap plus monthly and averaging cap variants on the same index, a fixed declared-rate sleeve, a premium bonus credited at issue, and a published RMD waiver — with no lifetime-income rider in the design.

1-year termAdvisorWorld + CANNEX data

Best fit

Accumulation-focused buyers committing to a long deferral who want a recognizable S&P 500 cap as their like-for-like comparison line, value a premium bonus credited at issue, want an explicit RMD waiver around the surrender schedule, value a meaningful annual free-withdrawal allowance against the lockup, and accept a below-A-bracket carrier in exchange for the bonus and rate menu this filing publishes.

AM Best

B Fair

Surrender period

10 years

Free withdrawal

10%/yr

Availability

33 states

Featured crediting strategies

Index / strategyRate mechanics

S&P 500

S&P 500 Index

2.5% cap rate

S&P 500

S&P 500 Index

2.5% cap rate

S&P 500

S&P 500 Index

2.5% cap rate

S&P 500

S&P 500 Index

1.1% cap rate

Fixed Account

Fixed Account

1.5% declared rate

Lifetime Income Riders

Income rider

Guaranteed Withdrawal Benefit

RMD friendly
Lifetime payout rate6% lifetime payout
Annual rider fee1.3% annual rider fee

Product analyst notes

How to think about this contract

Why it can stand out

  • The contract publishes a premium bonus credited at issue on top of premium, hedging the long surrender commitment for a buyer who may need to walk away before crediting has compounded.
  • Crediting menu includes a recognizable S&P 500 annual point-to-point cap, giving this contract a clean like-for-like comparison line against any other FIA on this site rather than only proprietary indexes.
  • An RMD waiver is published on the contract, so a buyer subject to required minimum distributions has an explicit waiver path around the surrender schedule rather than relying only on the annual free-withdrawal allowance.
  • The annual free-withdrawal allowance sits at the upper end of the FIA range, giving meaningful penalty-free liquidity each year against the long surrender lockup.

What to confirm

  • This is an accumulation-focused fixed indexed annuity. There is no optional lifetime-income rider attached in this data and no built-in Protected Income Value chassis — do not buy this contract for a guaranteed lifetime withdrawal; its job is index-linked growth, not income.
  • The S&P 500 cap is published on multiple cadences on the same contract — annual point-to-point, monthly point-to-point, monthly-sum, and daily averaging. The monthly and averaging variants are not like-for-like comparable to the annual cap and look different in absolute terms — read the cadence and crediting category column before reading the cap number.
  • The premium bonus is credited subject to the contract's published vesting and recapture rules, so the headline bonus is not money in a buyer's pocket on day one — confirm the vesting schedule and any state-specific bonus variations before treating the bonus as immediately liquid.
  • Carrier financial-strength rating from A.M. Best sits below the A-bracket baseline that most national-brand FIAs carry, the surrender lockup runs the full filing term, and the death benefit pays a contract-defined value rather than account value — weigh carrier strength, lockup length, and legacy mechanics together before committing.

Not ideal for

Buyers who need a contractually guaranteed lifetime withdrawal rate from a GLWB rider, want a plain MYGA-style declared rate without bonus complexity, require an account-value-based death benefit, demand a name-brand A-bracket carrier, expect the premium bonus to be liquid early in the contract, or need short-surrender liquidity beyond the annual free-withdrawal allowance.

All crediting strategies

View rate listings (9 rows)

These are the current crediting strategy listings returned for this product. Use the filters to narrow by index, term, premium band, or rate type.

Cap: 2.5% · 1-yr

S&P 500 Index

cap

10-yr surrender

Cap: 2.5% · 1-yr

S&P 500 Index

monthly_avg_cap

10-yr surrender

Cap: 2.5% · 1-yr

S&P 500 Index

cap

10-yr surrender

Fixed: 1.5% · 1-yr

Fixed Account

fixed

10-yr surrender

Cap: 1.1% · 1-yr

S&P 500 Index

monthly_sum_cap

10-yr surrender

Cap: 2.5% · 1-yr

S&P 500 Index

Cap: 2.5% · 1-yr

S&P 500 Index

Cap: 2.5% · 1-yr

S&P 500 Index

Fixed: 1.5% · 1-yr

Fixed Account

Income riders

Income rider

Guaranteed Lifetime Withdrawal Benefit

RMD friendly
Lifetime withdrawal rate6%
Annual rider fee1.3%
Withdrawal-base growthNot shown
Deferral assumed0 years
Issue age45 — 120
Joint availabilityJoint life

GLWB

Linked review

Summit Bonus Index review notes

Discover the Sentinel Life Summit Bonus Fixed Indexed Annuity, offering market-linked growth, premium bonuses, and secure lifetime income.

3/5Read review
Nikhil Bhauwala

Key Features

Free withdrawal

10%/yr

Annual amount that may be available without surrender charges, subject to contract terms.

Surrender waivers

1

RMD waiver

Premium bonus

7%

Bonus terms can vary by state, premium band, and rider election.

Death benefit

Standard Death Benefit

Beneficiary value depends on contract terms, withdrawals, and rider elections.

Strategy guarantee

Minimum guaranteed cap: 0.25%

Strategy guarantee

Guaranteed minimum interest rate (fixed): 1.00%

Strategy guarantee

Minimum guaranteed participation: 100.00%

Annuitization options

Single and joint

Contract conversion options should be confirmed before purchase.

Fund types

Non-qualified, Qualified

Availability can vary by state and product terms.

Surrender schedule

Yr 1

9%

Yr 2

8.5%

Yr 3

7.5%

Yr 4

6.5%

Yr 5

5.5%

Yr 6

4.5%

Yr 7

3.5%

Yr 8

2.5%

Yr 9

1.5%

Yr 10

0.5%

After

0%

RMD waiver, Surrender waivers

Documents

brochure

SSLSBIBR-OT-080123-v5-2.pdf

Confidence: highReviewed Apr 8, 2026

Direct link not published — request the document from the carrier.

Carrier Ratings

AM BestB

Contract notes from product data

Crediting design

How the interest-crediting choices are framed

Summit Bonus Index currently shows 5 distinct indexed or fixed crediting choices across 9 current rate listings, including S&P 500 Index. These choices matter because caps, participation rates, fixed accounts, spreads, and renewal terms are different mechanics and should not be ranked as one simple rate list.

  • S&P 500 Index: 2.5% cap
  • S&P 500 Index: 1.1% cap

Income rider language

What to look for before treating the rider as income

Guaranteed Lifetime Withdrawal Benefit is the main income-rider entry returned for this product. Rider terms can affect the tradeoff between future lifetime withdrawals, contract value, beneficiary value, and cost, so the exact state version and rider election should be confirmed before comparing it to annuitization or income-only contracts.

  • 6% withdrawal rate
  • 1.3% rider fee
  • RMD friendly
  • Joint life availability

Liquidity terms

Why access rules deserve as much attention as rates

A fixed indexed annuity can preserve more control than an income-only contract, but access is still governed by the surrender schedule, free-withdrawal terms, and waiver language. Those details are where many product comparisons become more meaningful than a simple rate list.

  • 10%/yr free withdrawal
  • 10 surrender years
  • RMD waiver

Verification note

Use carrier materials as term evidence, then confirm the current version

Carrier materials such as SSLSBIBR-OT-080123-v5-2.pdf help explain the contract language behind the data on this page; the latest document activity we see is Apr 24, 2026. For the current brochure, rate sheet, or specimen contract, confirm the state-specific version with the carrier or a licensed financial professional.

  • Rates and rider terms can vary by state and issue age
  • Carrier guarantees depend on claims-paying ability
  • Current contract forms should be confirmed before purchase

Free Comparison Report

Get a personalized Summit Bonus Index illustration

See year-by-year projections for your specific age, premium, and income goals.

Get Free Report

Related Resources