Ohio Insure Plan Logo

Fidelity & Guaranty FG Guarantee Platinum 7

Get Quotes

Company Information

Company Name

Fidelity & Guaranty Life

Fidelity & Guaranty Life Annuities

Product Name

Fidelity & Guaranty FG Guarantee Platinum 7

Description

The FG Guarantee-Platinum 7 is a single premium, fixed annuity with a seven-year rate lock. After seven years, owners have a 30-day window to withdraw, transfer, or renew their full account value. If no action is taken, a new seven-year term will begin with the same surrender schedule.

There are no surrender penalties at death and spousal continuance options are allowed. Accounts accept both qualified and non-qualified deposits and include an MVA provision.

AM Best Rating

A

URL

Product Type

MYGA

Free Withdrawals Yr1 / Yr2+

Int / Int

Rate

5.00%

Term

7 Years

Minimum Investment

$ 20,000

Maximum Investment

$1,000,000 without prior approval

Maximum Age

90

Surrender Schedule

9%, 8%, 7%, 6%, 5%, 4%, 3%, 0%

What We Like About This Annuity

Competitive fixed rates from an A rated insurance company. Free accumulated interest withdrawals after 30 days. Small minimums to start and no surrender penalties at death.

Notable Features

At no cost, both a nursing home and terminal illness riders are included. Account can be annuitized at any time for systematic payments of interest and principal.

Other Popular Products

Fidelity and Guaranty Life offers competitive fixed-indexed annuities for growth and lifetime income. Their fixed-indexed universal life is also popular for estate planning purposes.

Download Brochure

About Fidelity & Guaranty Life Insurance Company

This A rated company was established in 1959 and is headquartered in Des Moines, IA. They have over 900,000 policyholders across the United States. Their parent company is Fidelity National Financial (FNF), a publicly traded company on the NYSE.

Fidelity and Guaranty Life focuses on life insurance and annuities for individuals and business interests alike. Their goal is to best serve their customers through positive social and environmental governance and improve their financial well-being.