Sagicor’s SPIA is for clients who are ready to retire or want to meet other objectives with a guaranteed income stream.1, 2

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Principal protection

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Guaranteed income stream3

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Multiple payout options4

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Liquidity rider included for no additional cost

  • 15 days to 85 years5 (applies to owner and annuitant) with a minimum single premium of $5,000

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  • Inherent: One Time Withdrawal Rider (liquidity rider)

Product Basics

Retirement

  • Maximizing Social Security Retirement Benefits (Fillable)
  • Steps for Retirement Readiness (Fillable)

About Us

1, 3 Single Premium Immediate Annuity (SPIA) provides guaranteed income for the life of the owner and/or a Period Certain, with any remaining Period Certain payments at the death of the owner to be paid to the beneficiary. Life income calculations are based on the annuitant’s gender and age.
2 Withdrawals made prior to age 59½ are subject to ordinary income taxation and a 10.00% tax penalty.
4 The proceeds of the contract will be determined by the annuitant’s age and sex.
5 There is no age limit for Period Certain.