New Rate! 3.50% 5-Year MYGA Premier

May 3, 2022

MAY 5, 2022: We are excited to announce a higher rate on our Multi-Year Guaranteed Annuity (MYGA) Premier, 3.50% rate for 5 years! Lock in your hard earned money.

Go for Your Goals with 5-Year Gains

The 5-Year Multi-Year Guaranteed Annuity (MYGA) Premier is perfect for people who want guaranteed returns with a minimal amount of risk.

It offers tax deferral of interest that is compounded on an annual basis. This can create additional wealth exponentially because the tax occurs only when you take the money out.

  • MYGAs are not subject to market volatility.
  • Create a stream of income payments.

Create a savings bucket for retirement

If you have “long-term money” that isn’t earning the returns you’d like, then this MYGA is the right choice.

Product Details:

5-Year MYGA1

3.50% Five Year Interest Rate2

1.00% Minimum Guaranteed Rate

Issue Ages 0-75

$20,000 - $250,000 Premium3

It’s a safe way to grow your money, and you won’t owe taxes on the growth until you start taking payments.

  • Renews at competitive rate
  • Funds grow tax-deferred
  • Taxed only when money is withdrawn

Riders Included:

  • Free Partial Withdrawal Rider (FPW): Beginning in the second year, withdrawal charges will be waived on a withdrawn amount that is less than or equal to 10% of the accumulation value (as of the preceding certificate anniversary). A withdrawal charge will be applied only to amounts in excess of the 10% accumulation value each certificate year.
  • Terminal Illness/Nursing Home or Hospital Confinement Rider: If you are diagnosed as terminally ill or are confined to a nursing home, the withdrawal charge will be waived on a single withdrawal of up to 100% of the accumulation value. Not available in California.
  • Enhanced Death Benefit Rider: When the Owner dies the Death Benefit amount will be the Accumulation Value on the date of the death. Withdrawal Charges will be waived.

Click Here to see our Flyer and Rider Details

Please feel free to reach out to our sales department with questions at or call a Home Office Sales Rep at 800-344-6273: Glenn Hacker ext. 236 or Donna Carling ext. 220.

About 1891 Financial Life

At 1891 Financial Life we don’t just sell policies, we offer possibilities. We pride ourselves on giving back to the communities that we serve by providing quality and comprehensive insurance solutions. We are a not-for-profit life insurance company, which means the sales from these financial service products help fund member benefits along with social, educational, and volunteer programs designed to respond to community needs.

Our portfolio is extensive, ranging from various life insurance policies to our annuities to support your financial needs no matter what stage of life you’re in.

Interest rates effective 5/1/22 and subject to change. Products/features may not be available in all states. 1) 20MYGA Plan Series 2) Guaranteed interest rate for 5 years; renewal rate based on market conditions. 3) No more than $250,000 in total 1891 Financial Life annuity contributions per household.