Staysail (Liquidity Rider) 5
Multi-Year Guarantee Annuity
The Staysail (Liquidity Rider) 5 is a deferred multi-year guarantee annuity issued by Knighthead Life - Merit Life Ins Co.
This annuity is a premium banded product. The interest rate you earn will vary depending on the amount of premium you deposit (see Rate Details below). Currently, the highest 5 year guarantee period annual yield is 5.31% on premium amounts of $100,000 - $2,000,000. 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 Staysail (Liquidity Rider) 5 has a full penalty free withdrawal window after 5 years.
During the time in which the annuity is subject to surrender penalties, there are policy provisions that allow partial access on a penalty free basis. Beginning with the first contract year, and each year thereafter, this annuity provides up to 10% (noncumulative) of the contract value may be withdrawn from the annuity each contract year without penalty.
This annuity also waives withdrawal penalties upon death. Your named beneficiary(ies) will receive a death benefit equal to the full accumulation value. A beneficiary may choose to receive their death benefit in either a lump sum or select an available annuitization option.
Details on additional penalty waivers can be found in the Penalty Free Withdrawal Provisions section below.
Knighthead Life - Merit Life Ins Co is rated “A-” by A.M. Best, was founded in 1957, and has over $518 million in total assets.
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Jul 7th, 2026
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5 years
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| Current | ||
|---|---|---|
5 Year Guarantee Period Annual Yield:
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5.31% | |
| Simple interest rate start of year 1 through end of year 5: | 5.90% | |
Accumulation Value (assuming no withdrawals) |
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| Current | ||
|---|---|---|
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5 Year Guarantee Period Annual Yield:
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5.10% | |
| Simple interest rate start of year 1 through end of year 5: | 5.65% | |
Accumulation Value (assuming no withdrawals) |
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5 years
5 years
5 years
State variations may exist, refer to product disclosure for details.
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$10,000
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$10,000
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$2,000,000
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$2,000,000
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85
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85
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60 days
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Yes
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Accumulation Value
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No
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10%
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10%
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No
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Yes
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See product brochure, disclosure and riders for additional details, limitations and availability. State variations, age restrictions and holding periods may apply.
Not available in: AK, CA, MA, NH, NY and VT (as of 12/15/2025)
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