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fixed annuities

Multi-Year Guarantee Annuity Details

Product Name

Bankers Elite 9

Annuity Type

Multi-Year Guarantee Annuity

Issuing Insurance Company and Ratings

(4th of 15 ratings)
Not Rated
Not Rated
Not Rated
Not Ranked

Product Information

The Bankers Elite 9 is a deferred multi-year guarantee annuity issued by Liberty Bankers Life Insurance Company.

The current 9 year guarantee period annual yield is 5.30% (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 Bankers Elite 9 has a full penalty free withdrawal window after 9 years.

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

Liberty Bankers Life Insurance Company is rated “A-” by A.M. Best, was founded in 1957, and has over $2.4 billion in total assets.

Rate Details

Premium Amount: $10,000 - $500,000

9 Year Guarantee Period Annual Yield: 5.30%
Interest rate start of year 1 through end of year 9: 5.30%

Initial Surrender Charge and MVA Periods

9 years

9 years

9 years

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

Other Guarantee Periods Available

Policy Details

Penalty Free Withdrawal Provisions


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:  DE, MN, NH and NY (as of 02/11/2019)

For AK, AL and DC: Policies are issued by Capitol Life Insurance Company.

For CA: Max Issue Age is 65. Death benefit penalties are waived on policies issued at 65+

For FL: Max Issue Age is 65. Death benefit penalties are waived.

For MO: Policies are issued by Capitol Life Insurance Company. No Market Value Adjustment (MVA). 

For PA: No Market Value Adjustment (MVA).


Penalty Free Withdrawals: No penalty free withdrawals for any reason (including RMDs) during surrender charge period; thereafter, 100% liquid.

Death Benefit: Surviving spouses may elect to continue the policy as their own and avoid surrender charges. Non-spousal beneficiaries may reduce or avoid charges by deferring payment or taking a payout option over a period of 5 years or longer.