![]() ![]() Best, was founded in 1948, and has over $879 million in total assets. Sentinel Security Life Insurance Company is rated “B++” by A.M. A beneficiary may choose to receive their death benefit in either a lump sum or select an available annuitization option.ĭetails on additional penalty waivers can be found in the Penalty Free Withdrawal Provisions section below. Your named beneficiary(ies) will receive a death benefit equal to the full accumulation value. This annuity also waives withdrawal penalties upon death. Beginning in the second contract year, this annuity provides up to 10% (noncumulative) of the contract value as the penalty free withdrawal amount that may be withdrawn from the annuity each contract year. The income payments cannot be outlived and your contract does not need to be annuitized.ĭuring the time in which the annuity is subject to surrender penalties, there are policy provisions that allow partial access on a penalty free basis. For complete details on index account options, including current cap and participation rates, please contact AnnuityAdvantage at 1.800.239.0356.Īn income rider is available that provides the option of activating a guaranteed lifetime income stream at a future date. You can also allocate your premium between various strategy and index account options. When your full premium deposit is allocated to the fixed interest account, the current first year yield (including bonus if applicable) is 4.50% (see Rate Details below). Similar to a certificate of deposit (CD), the Personal Choice annuity from Sentinel Security Life offers better interest rates the longer you lock your money up. License 6003435.The Retirement Plus Multiplier 5 is a deferred fixed indexed annuity issued by Sentinel Security Life Insurance Company. Why Because when it comes to index annuities, it’s not what you know that gets you into trouble. We do business as Annuity Resources Insurance Services in CA. contents An Independent Review of the Accumulation Protector Plus from Sentinel Security Life If you are considering the Accumulation Protector Plus this might be the most important message you will read. We focus on selling MYGAs, SPIAs, and DIAs and refer those interested in other types of annuities to other insurance agencies when possible. In addition to the above financial figures, we’ve taken a look at financial viability ratings associated with Sentinel Security Life Insurance Company: A.M. Annuity Resources, LLC is a licensed fixed annuity producer in most states. Its gross final expense insurance in-force is over 240m, and its gross reserves for fixed annuities in-force is over 1.8b. They changed their name from Sentinel Insurance Company to Sentinel Security Life Insurance Company in 1957. Today, they offer a variety of annuity and insurance products. The company was founded to provide families a way to fund funeral expenses. Annuities are distributed by Annuity Resources, LLC. Sentinel Security Life was founded in 1948. They may offer an annuity to you for sale. When you contact us you may speak with a licensed insurance agent in your state. Please contact us to receive the latest brochure. Annuity information on this site may not be current or applicable in your state. The materials, names, logos, brochures, etc used in our annuity reviews are property of their owners and not those of. ![]() Product availability varies based on the state you live. ![]() The reviews and annuity information on this website may not be current and may not apply in the state you live in. All guarantees are backed by the claims-paying ability of the insurance company. Refer to the policy for all terms and conditions. Products, features, and riders may not be available in all jurisdictions. Quoted rates may vary due to state regulations and taxes. Annuities are not offered by the US Government, not government-guaranteed, and are not FDIC insured. Interest rates are subject to change without notice. Please consult with a qualified financial planner, advisor, tax, and legal advisor to determine if an annuity is right for your situation. This website is not intended to be a recommendation for you to purchase an annuity. Oceanview Life and Annuity Harbourview 5 A- 89 20,000 5 yrs 0 / 10 2.85 5 yrs 2.85 2.85 Sentinel Security Life Insurance Company Personal Choice Annuity 5 MN B++ 90 2,500 5 yrs 0 / 0 2.85 5 yrs 2.85 2. DISCLAIMER: The information on this website is for educational purposes only. ![]()
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