Atlantic Coast Life Safe Haven 5 Year Fixed Annuity
Minimum Deposit: $5,000 | 5.65% APY
A fixed annuity or “CD Type Annuity” may be suitable for conservative investors who are looking for a safe and steady way to grow their retirement savings.
Atlantic Coast Life Safe Haven 5 Annuity Details
It’s never too early to start planning for retirement. Selecting a strategy that works best involves assessing your goals, time horizon, and risk tolerance.
The Atlantic Coast Life Safe Haven 5 is a single premium, multi-year guarantee annuity. An annuity is a long-term contract issued by an insurance company. In exchange for a premium payment, the insurance company agrees to make payments to you in the future.
This annuity provides an accumulation value that earns interest through a fixed account with a guaranteed interest rate that is set for a 3-, 5- or 7-year period. This annuity also provides several options for accessing funds.
The Atlantic Coast Life Safe Haven 5 Annuity may be appropriate for individuals who:
- Want a CD alternative due to low CD rates?
- Seek to accumulate money for retirement.
- Have a conservative risk tolerance and want to invest an inheritance or other lump sum.
- Want to secure a fixed annuity payment but not immediate income?
1. Withdrawal any amount free of charges and fees.
2. If you do nothing, the contract renews for the same term at the rates available at that time. Renewal rates for guarantee periods will be based on current economic conditions and are guaranteed to be no less than the guaranteed minimum interest rate of 1.00%.
About Atlantic Coast Life Insurance Company
Atlantic Coast Life Insurance Company was founded in Charleston, South Carolina back in 1925. Initially, the company served local funeral homes and families in preparation for “end-of-life” situations. Since then, the company has grown to a nationwide scale and offers a variety of annuity and insurance products.
In 2015, Advantage Capital purchased Atlantic Coast Life from the Scarborough Family and Y. W. Scarborough returned to the position of president. Growth, expansion, and success have multiplied.
Atlantic Coast began an intense expansion that has helped them spread across the country! The new ownership has guided them into the Annuity Marketplace. Today they offer some of the best fixed annuity rates available anywhere.
Atlantic Coast Life Ratings
On January 21, 2021, Atlantic Coast Life Insurance Company was assigned positive credit ratings by AM Best. Atlantic Coast Life received an AM Best Financial Rating of B++ and a Long-Term Issuer Credit Rating of bbb, both were assigned with a Stable Outlook.
|Atlantic Coast Life Insurance Company||Ratings|
|Mailing Address||1565 SAM RITTENBERG BOULEVARD
CHARLESTON, SC 29407
|Group Affiliation||Advantage Capital Group|
|A.M. Best Rating||B++|
|State of Domicile||South Carolina|
|NAIC Company Code||61115|
Learn more about what these financial ratings mean
5 Year Fixed Annuity Rates
Related Fixed Annuity Products
North American Guarantee Plus 5 Fixed Annuity is a 5-year annuity currently offering a rate of 4.25% with free withdrawals of interest.
Sagicor Milestone MYGA 5 Minimum Deposit: $100,000 | 3.85% APY Sagicor Milestone MYGA 5 is a 5-year fixed annuity designed to be a high-yield retirement
Oceanview Harbourview 5 Fixed Annuity Minimum Deposit: $10,000 Oceanview Harbourview MYGA is a 5-year fixed annuity (CD Type Annuity) designed to be a high-yield retirement
SILAC Secure Savings Elite 5 Year Fixed Annuity Minimum Deposit: $10,000 | 2.95% APY for 5 Years SILAC Secure Savings Elite 5 is a 5-year
Nassau MYAnnuity 5 Year Fixed Annuity Minimum Deposit: $10,000 | 5.50% APY Nassau MYAnnuity 5 is a 5 year fixed annuity designed to be a