Atlantic Coast Life Insurance Company
Atlantic Coast Life Insurance Company

Safe Haven 5

5.75
%
5
Year Term
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Carrier Information

Company Name
Atlantic Coast Life Insurance Company
Product Name
Safe Haven 5
AM Best Rating
B++ Good
Carrier Websites
Carrier Phone
Product Description

Atlantic Coast Life Insurance Company’s Safe Haven Bonus Guarantee annuity was designed for those who are retired or nearing retirement. Planning for retirement is not always easy and sometimes the control is not yours. SafeHaven Bonus Guarantee offers you a flexible and guaranteed way to have the security and peace of mind you need to enjoy retirement.

Safe Haven Bonus Guarantee gives you control over the duration of the annuity, which can be three, five, six, seven, ten or twenty years.

Our annuity also offers optional features you are able to select to customize your plan whereas most other annuities are loaded with features you don’t want or need, giving you a lower interest rate. With Safe Haven Bonus Guarantee, you pay only for the features you want,making your interest rate higher and your payout greater.

Product Overview

Product Type
MYGA
Term
5
Years
Brochure
Not Available In
AK, CA, CT, DC, DE, FL, ID, ME, MI, MN, NH, NJ, NY, PA, PR, VI, WA, WI
Surrender Schedule
9%, 8%, 7%, 6%, 5%

Product Details

Year 1 Rate
6.55
%
Year 2+ Rate
5.55
%
Rate Effective Date
January 10, 2024
Minimum Investment
5000
Maximum Investment
1000000
Maximum Age
90
RMD
No
Market Value Adjustment
Yes
Withdrawal Allowance
Free withdrawals during the contract term are not allowed. Riders can be added at a cost to permit free withdrawals. Otherwise, all money withdrawn will be charged based on the surrender charge schedule. Note that any withdrawals made prior to age 59½ will incur a 10% penalty from the IRS.
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Disclaimer: Rider deductions offered on some products. Rates may vary with certain states. Some products not available in certain states (refer to carrier product state availability grid)