4.95%
7-yr guarantee
10%
Free W/D
46
Available jurisdictions
Product analyzer
Run live numbers for Select Choice Plus
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
4.95% guaranteed for 7 years
The broad Select Choice Plus MYGA filing with multiple fixed guarantee periods and a separate two-state counterpart.
Best fit
Buyers outside New Hampshire and New York who want a defined multi-year rate lock and can plan around surrender restrictions.
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
- Multiple guarantee periods let buyers choose among short, middle, and longer fixed-rate horizons.
- An annual free-withdrawal provision is present in the current filing.
- Separate New Hampshire and New York filings cover the jurisdictions excluded here.
What to confirm
- This broad filing excludes New Hampshire and New York.
- Early withdrawals beyond the permitted amount remain subject to the contract's surrender schedule.
- The A-minus A.M. Best rating is solid but below many A-rated and A-plus MYGA peers.
Not ideal for
New Hampshire or New York buyers, people needing unrestricted access, or buyers seeking index-linked growth.
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Guaranteed Rates by Term
| Term | Guaranteed Rate |
|---|---|
| 3-Year | 4.5% |
| 4-Year | 4.5% |
| 5-Year | 4.8% |
| 7-Year | 4.95% |
Key Features
Free withdrawal
10%/yrAnnual amount that may be available without surrender charges, subject to contract terms.
Surrender waivers
3Nursing home waiver, RMD waiver, Terminal illness 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
9%
Yr 2
8%
Yr 3
7%
Yr 4
6%
Yr 5
5%
Yr 6
4%
Yr 7
3%
After
0%
Nursing home waiver, RMD waiver, Terminal illness waiver, Surrender waivers
Carrier Ratings
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See how Select Choice Plus compares for your age, state, premium, and income goals alongside other S.USA Life Insurance Company, Inc. MYGA options.