Variflex® Variable Annuity

At a glance

Product name: Variflex® Variable Annuity
Product type
Variable Annuity
Minimum purchase
$25 Qualified, $500 Non-qualified
Account type
403(b)
IRA
Non-qualified
Roth IRA
Cost
M&E: 1.20%
Surrender charges
8-year non-rolling
Strategy
40+ underlying funds + Fixed Account
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The Variflex Variable Annuity gives your clients the freedom to create investment strategies within a variable annuity.

Key features
  • Guaranteed retirement income
  • Provides a variety of payout features while also offering a guaranteed death benefit before payout begins1
  • Choose from more than 40 investment options from the industry’s top money managers

The Variflex® Variable Annuity gives your clients the freedom to create investment strategies within a variable annuity. Help your clients achieve their retirement goals with investment flexibility — 40+ subaccount options from 15 investment managers — tax deferral, dollar cost averaging, and a guaranteed death benefit every six years. 


1Death benefit is guaranteed to be no less than total contributions (less any withdrawals) only for contracts issued prior to the oldest owner attaining age 76 and is reset every six years.

Application
Variflex® Variable Annuity Enrollment Form
Rates
Effective Date: 04/01/2019
Product/Contract Value Current Rate
Variflex® Variable Annuity 1.50%
Variflex® LS Variable Annuity 2.00%
Guaranteed Minimum Interest Rate 1.30%

Contact us about Variflex® Variable Annuity

Annuities are long-term investments, suitable for retirement investing. The investment return and principal value of an investment in a variable annuity will fluctuate and you may have a gain or loss at redemption.

Guarantees provided by annuities are subject to the financial strength of the issuing insurance company. Annuities are not FDIC or NCUA/NCUSIF insured; are not obligations or deposits of, and are not guaranteed or underwritten by any bank, savings and loan, or credit union or its affiliates; and are unrelated to and not a condition of the provision or term of any banking service or activity. 

You should carefully consider the investment objectives, risks, charges, and expenses of the investment options available under the variable annuities offered. You may obtain a prospectus that contains this and other information about the investment options or variable annuity by calling our Service Center at 800.888.2461. You should read the prospectus carefully before investing. Investing in variable annuities involves risk and there is no guarantee of investment results.

See the prospectus for complete product details.

The Variflex Variable Annuity, form V6023, is a flexible purchase payment deferred variable annuity issued by Security Benefit Life Insurance Company (SBL) and distributed by Security Distributors, a subsidiary of SBL. SBL is a subsidiary of Security Benefit Corporation (Security Benefit).