Course Outline
MYGA: Interest Rates
The guaranteed interest rate is the minimum rate to be credited on the annuitant’s account shown on the policy schedule.
This contract is marketed with 3, 5, 7 or 10 year guaranteed interest rate periods, after which interest is credited at the then-declared rate.
Minimum Guaranteed Interest Rate
- The minimum rate to be credited on the annuitant’s account also shown on the policy schedule
Guaranteed Interest Rate Periods
- 3-, 5-, 7- or 10-year guaranteed interest rate periods
