Safe Haven 6

Safe Haven 6

Product Name

Safe Haven 6

Annuity Type

Multi-Year Guarantee Annuity

Issuing Insurance Company and Ratings

Atlantic Coast Life Insurance Company - View details

(5th of 15 ratings)
Not Rated
Not Rated
Not Rated
Not Ranked

Product Information

The Safe Haven 6 is a deferred multi-year guarantee annuity issued by Atlantic Coast Life Insurance Company.

The current 6 year guarantee period annual yield is 4.67% (see Rate Details below). This is the guaranteed annual yield, including bonuses if applicable, for the initial guarantee period term, up to the first penalty free full withdrawal window. The Safe Haven 6 has a full penalty free withdrawal window after 6 years.

Details on additional penalty waivers can be found in the Penalty Free Withdrawal Provisions section below.

Atlantic Coast Life Insurance Company is rated “B++” by A.M. Best, was founded in 1925, and has over $1 billion in total assets.

Rate Details

Sep 12th, 2022
Not Scheduled
6 years

Premium Amount: $5,000 - $1,000,000

6 Year Guarantee Period Annual Yield: 4.67%
Interest rate start of year 1 through end of year 1: 5.50%
Interest rate start of year 2 through end of year 6: 4.50%

Initial Surrender Charge and MVA Periods

Early Surrender Charges: 6 years
Market Value Adjustment (MVA): 6 years
Penalty Free Full Withdrawal Window Available After: 6 years

State variations may exist, refer to product disclosure for details. 

Policy Details

Min Premium Non-Qualified: $5,000
Max Premium Non-Qualified: $1,000,000
Max Issue Age Non-Qualified: 90
Rate Lock on Transfers: 45 days
Death Benefit: See Notes

Min Premium Qualified: $5,000
Max Premium Qualified: $1,000,000
Max Issue Age Qualified: 90
Subject to MVA: Yes
Income Rider Available: No

Penalty Free Withdrawal Provisions

First Year Withdrawals: See Notes
Cumulative Withdrawals: No
Penalty Waivers: None

Years 2+ Withdrawals: See Notes
RMD Friendly: No

See product brochure, disclosure and riders for additional details, limitations and availability. State variations, age restrictions and holding periods may apply.

State Variations

Not available in:  AK, CA, CT, DC, FL, ID, ME, MI, MN, NH, NJ, NY, PA, WA and WI (as of 10/14/2019)