Fidelity & Guaranty FG Guarantee Platinum 7
Current Fixed Rate
4.80%
The Fidelity & Guaranty 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.
More Annuity options from: Fidelity & Guaranty Life
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.
Additional Details
Product Type
MYGA (Multi-Year Guaranteed Annuity)
Term
7 Years
Free Withdrawals Yr1 / Yr2+
Int / Int
Surrender Schedule
9%, 8%, 7%, 6%, 5%, 4%, 3%, 0%
Maximum Age
90
Minimum Investment
$20,000
Maximum Investment
$1,000,000 without prior approval
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.
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.
About Fidelity & Guaranty Life
Fidelity & Guaranty Life
AM Best Rating: A Excellent (3rd of 13 ratings)
https://www.fglife.com/
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.