Staysail (No Liquidity Rider) 5 (CA)
Multi-Year Guarantee Annuity
The Staysail (No 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 5.67% 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 (No Liquidity Rider) 5 has a full penalty free withdrawal window after 5 years.
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.
|
Jul 7th, 2026
|
|
|
5 years
|
| Current | ||
|---|---|---|
5 Year Guarantee Period Annual Yield:
|
5.67% | |
| Simple interest rate start of year 1 through end of year 5: | 6.35% | |
Accumulation Value (assuming no withdrawals) |
||
| Current | ||
|---|---|---|
|
5 Year Guarantee Period Annual Yield:
|
5.47% | |
| Simple interest rate start of year 1 through end of year 5: | 6.10% | |
Accumulation Value (assuming no withdrawals) |
||
5 years
N/A
5 years
State variations may exist, refer to product disclosure for details.
|
$10,000
|
$10,000
|
|
$2,000,000
|
$2,000,000
|
|
85
|
85
|
|
60 days
|
No
|
|
Accumulation Value
|
No
|
|
None
|
None
|
|
No
|
Yes
|
See product brochure, disclosure and riders for additional details, limitations and availability. State variations, age restrictions and holding periods may apply.
Available only in: CA (as of 12/15/2025)
Description Here
