5.1%
7-yr guarantee
10%
Free W/D
46
Available jurisdictions
Product analyzer
Run live numbers for Select Choice
Current guaranteed rates, terms, state availability, surrender details, and contract facts stay scoped to this S.USA Life Insurance Company, Inc. product.
Live product data
Rates as of July 16, 2026, from AdvisorWorld and CANNEX.
Seven-year guaranteed rate
5.1% guaranteed for 7 years
A multi-term S.USA Life MYGA with a live guaranteed-rate ladder and broad state availability.
Best fit
Conservative buyers who can align a fixed guarantee period with money they do not expect to need early.
AM Best
A- Excellent
Surrender period
7 years
Free withdrawal
10%/yr
Availability
46 jurisdictions (restricted footprint)
Product analyst notes
How to think about this contract
Why it can stand out
- Several guarantee periods allow a buyer to match the fixed-rate lock to a defined horizon.
- The current filing includes an annual free-withdrawal provision and market-value-adjustment detail.
- The state footprint is broad and includes New York in the current CANNEX list.
What to confirm
- The selected guarantee period and surrender schedule should be compared before treating a shorter rate lock as shorter liquidity commitment.
- A market value adjustment can change early-surrender proceeds beyond the stated surrender charge.
- S.USA Life carries an A-minus A.M. Best rating, below some larger MYGA competitors.
Not ideal for
Buyers seeking index-linked upside, guaranteed lifetime income, unrestricted liquidity, or a higher-rated carrier.
Free Comparison Report
Get a Select Choice rate report
See how Select Choice compares for your age, state, premium, and income goals alongside other S.USA Life Insurance Company, Inc. MYGA options.
Guaranteed Rates by Term
| Term | Guaranteed Rate |
|---|---|
| 3-Year | 4.6% |
| 5-Year | 4.9% |
| 7-Year | 5.1% |
Key Features
Free withdrawal
10%/yrAnnual amount that may be available without surrender charges, subject to contract terms.
Surrender waivers
1RMD waiver
Death benefit
Death BenefitBeneficiary value depends on contract terms, withdrawals, and rider elections.
Annuitization options
Single lifeContract conversion options should be confirmed before purchase.
Fund types
Non-qualified, QualifiedAvailability can vary by state and product terms.
Surrender Schedule
Yr 1
7%
Yr 2
6%
Yr 3
5%
Yr 4
4%
Yr 5
3%
Yr 6
2%
Yr 7
1%
After
0%
RMD waiver, Surrender waivers
Carrier Ratings
Free Comparison Report
Get a Select Choice rate report
See how Select Choice compares for your age, state, premium, and income goals alongside other S.USA Life Insurance Company, Inc. MYGA options.