MYGA Case Study

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Meet Sonya, a 60-year-old conservative investor with over a million dollars currently held in her bank account. She wants to:

  • Grow her assets with a predictable and attractive rate of return
  • Ensure her principal is protected
  • Leave a legacy for her family
  • Have penalty-free access to her investments

Sonya decides to invest $1,000,000 and purchases a Knighthead Annuity Safe HarbourTM G5 at a guaranteed rate of 3.25%. With this product, Sonya will earn $173,411 over the 5-year duration of the contract. Sonya also knows her principal is protected. This guaranteed rate of return gives her peace of mind knowing she’ll have a secure source of money to leave behind as a legacy. Plus, if necessary, she has the added flexibility to convert this into an income stream at the end of the term or continue the contract for an additional term(s).

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