LEXINGTON, Ky., Feb. 17, 2025 /PRNewswire/ — We are excited to announce a crediting rate increase on our 3-year Secure Summit Multi-Year Guaranteed Annuity.
Effective Monday, February 17, the crediting rate will be 6.00% on the 3-year term.
The increased crediting rate comes after an upgrade to a B+ Financial Strength Rating from AM Best earlier this month.
“Thanks to the higher crediting rate and our improved financial strength, Mountain Life’s Secure Summit annuity has become a leading option for both consumers and their agents,” said Mountain Life President Jeff Breeze.
Current rates for the other terms remain unchanged at 5.25% for the 2-year product and 5.55% for the 5, 7, and 10-year terms.
For more information, please contact Michael Noyes, Sales Vice-President at minoyes@mountainlife.com.
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SOURCE Mountain Life Insurance Company
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