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fixed annuities

Multi-Year Guarantee Annuity Details

Synergy Choice 3

Product Name

Synergy Choice 3

Annuity Type

Multi-Year Guarantee Annuity

Issuing Insurance Company and Ratings

(4th of 15 ratings)
Not Rated
Not Rated
Not Rated
(percentile of rated companies)

Product Information

The Synergy Choice 3 is a deferred multi-year guarantee annuity issued by Aspida Life Insurance Company.

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 3 year guarantee period annual yield is 5.70% on premium amounts of $100,000 - $1,000,000.  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 Synergy Choice 3 has a full penalty free withdrawal window after 3 years.

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

Aspida Life Insurance Company is rated “A-” by A.M. Best, was founded in 1956, and has over $798 million in total assets.

Rate Details

Premium Amount: $100,000 - $1,000,000 High-Band

Premium Amount: $25,000 - $99,999 Low-Band

Initial Surrender Charge and MVA Periods

3 years

3 years

3 years

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

Other Guarantee Periods Available

Policy Details

Penalty Free Withdrawal Provisions

Annuitization and Death

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:  CT, ME and NY (as of 01/01/2024)


Base contract provides limited liquidity. The following Optional Withdrawal Features are available to increase liquidity, but will reduce the annual interest rate credited by percentages shown:
Free Interest Withdrawal – 0.10%
10% Free Withdrawal  (RMD Friendly) – 0.20%