Annuities Overview
FLEX I
Flex I is a flexible premium deferred annuity for ages 0 to 84. The initial interest rate of 4.85% is guaranteed for the first year of your annuity contract. After that you will receive a competitive renewal rate for that contract year based on current interest rate environment. In addition, the minimum guaranteed renewal interest rate can never fall below 3.00%. This annuity has a Seven Year Surrender Charge, a 15% free annual withdrawal and an Extended Care Benefit Rider.
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MAX I
Max I is a single premium deferred annuity for ages 0 to 90. Family Benefit Life is currently offering 4.85% guaranteed for for five contract years. After that you will receive a competitive renewal rate for that contract year based on current interest rate environment. In addition, the minimum guaranteed renewal interest rate can never fall below 3.00%. This annuity has a Five Year Surrender Charge, a 15% free annual withdrawal and an Extended Care Benefit Rider.
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MAX III
Max III is a single premium deferred annuity for ages 0 to 90. Family Benefit Life is currently offering 4.25% guaranteed for three contract years. After that you will receive a competitive renewal rate for that contract year based on current interest rate environment. In addition, the minimum guaranteed renewal interest rate can never fall below 3.00%. This annuity has a Three Year Surrender Charge and an Extended Care Benefit Rider.
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