1 Principal, less any premium tax due or paid, is guaranteed by Security Benefit Life insurance Company (SBL). Guarantees are subject to SBL's financial strength.
2 Withdrawals are subject to ordinary income tax and, if made before age 59½, may be subject to a 10% penalty tax.
3 Each guarantee period, other than the One-Year Renewal guarantee period, has its own surrender charge schedule. Early withdrawals in excess of the free withdrawal amount are subject to a surrender charge unless the withdrawal is pursuant to the Nursing Home or Terminal Illness Waiver.
4 A request to waive surrender charges must be made on forms provided by SBL and must be accompanied by a physician's statement. Refer to the contract for details. Not available in all states.
5 In some states, no purchase payments may be made after a specified age, typically 84 or 85. Speak to your agent or financial advisor for details.