NEW APP Annuity Enhancements Effective 9/25/2023
The Accumulation Protector PlusSM Fixed Indexed Annuity
Launched in 2020, the Accumulation Protector PlusSM (APP) Annuity is a fixed indexed annuity built to deliver in all market conditions. Whether your client is looking for accumulation, protection, stability, or performance, the APP annuity has a total-package of enhanced features and benefits, and a proven track record of performance and reliability that sets it apart from the competition.
Key Features
10-Year Rate Guarantee1
With the selection of the CS Momentum Index and CS ESG Macro 5 Index 1-year point-to-point crediting strategies and the CS Momentum Index and CS ESG Macro 5 Index 2-year point-to-point crediting strategies, the participation rates are guaranteed for 10 years from the annuity issue date.1 Know what is to come and find trust in the APP annuity’s rate guarantees when there is a predictable road ahead.
Backed by Rate Integrity
All APP annuity rates are backed by Sentinel’s Rate Integrity philosophy – a thoughtful and consistent business approach – to establish, manage, and maintain competitive rates to the highest extent possible over the life of the contract.
Eleven Crediting Strategies
Needs differ from client to client and can often change. That is why the APP annuity gives the power of flexibility so policyholders can choose how their premium is allocated across ten indexed accounts, and a fixed account option. Indexed accounts are also linked to three different indices, with many rates guaranteed for 10-years.1
1 The Participation Rates for the CS Momentum Index One-year point-to-point and Two-year point-to-point crediting strategies are guaranteed for 10 years from the annuity issue date, provided that Sentinel Security Life Insurance Company continues to have access to the CS Momentum Index. The Participation Rates for the CS ESG Macro 5 Index One-year point-to-point and Two-year point-to-point crediting strategies are guaranteed for 10 years from the annuity issue date, provided that Sentinel Security Life Insurance Company continues to have access to the CS ESG Macro 5 Index.
Built to Deliver in All Market Conditions
The APP annuity offers eleven flexible crediting strategies, one fixed account strategy for a stable growth option, and ten index strategies based on three different indices – the CS Momentum Index, the CS ESG Macro 5 Index, and the S&P 500® Index. See our flexible crediting strategies table for more details about how each crediting strategy performs.
* The Participation Rates for the CS Momentum Index One-year point-to-point and Two-year point-to-point crediting strategies are guaranteed for 10 years from the annuity issue date, provided that Sentinel Security Life Insurance Company continues to have access to the CS Momentum Index.
** The Participation Rates for the CS ESG Macro 5 Index One-year point-to-point and Two-year point-to-point crediting strategies are guaranteed for 10 years from the annuity issue date, provided that Sentinel Security Life Insurance Company continues to have access to the CS ESG Macro 5 Index.
Performance You Can Count On
Protection is the cornerstone of the Accumulation Protector PlusSM Annuity. Whether the market goes up, down, or remains the same, the policyholder’s principal is guaranteed not to decrease2 due to market performance and is protected through the APP’s Fixed and Indexed Accounts.
2If Rate Enhancement Rider is purchased, the principal will not decrease due to market performance but could decrease due to the rider fee.
The APP gives policyholders exclusive access to the CS Momentum Index and the CS ESG Macro 5 Index, while also offering strategies linked to the well-established Standard and Poor’s Composite Stock Price Index (“S&P 500®” Index), and a Fixed Account that provides a guaranteed rate of return. The CS Momentum Index, the CS ESG Macro 5 Index, S&P 500® Index and the Fixed Account provide opportunities to accumulate wealth over time.
This annuity offers a diversified set of fixed and indexed crediting strategies with 1, 2, or 3 year periods that allow the policyholder and their advisor to choose the accounts and periods that most align with their goals. Additionally, the policyholder can adjust the allocations on the policy anniversary, coinciding with the end of the crediting period, to continue to meet their changing needs.
Help your client achieve greater financial confidence as well as their lifestyle, retirement income, and legacy goals by taking advantage of the flexible options provided by the Accumulation Protector PlusSM Annuity. These strategies were created to help protect what your client has worked hard for. Additionally, the APP was designed to provide your client with opportunities to accumulate wealth, so they can rest easy in retirement knowing they’re preserving the legacy they have built.