EliteDesigns® II Variable Annuity

At a glance

Product name: EliteDesigns® II Variable Annuity
Product type
Variable Annuity
Minimum purchase
$50,000
Account type
403(b)
IRA
Non-qualified
Roth IRA
Cost
M&E: 1.20%. Annual Admin Fee: 0.25%2
Surrender charges
None
Strategy
300+ underlying funds
Optional riders
Return of Premium Death Benefit: 0.35%1

As an investment-oriented variable annuity, EliteDesigns II may help solve for wealth accumulation challenges over the long term.

Key features
  • Build a robust investment portfolio tailored to your risk profile and financial goals with more than 300 underlying investment options, including alternative strategies. 
  • Tax-deferred portfolio growth may help accumulate wealth faster. 
  • Manage your legacy by transferring annuity assets directly to your beneficiaries, bypassing the delays and expenses of probate. An optional death benefit for 0.35% provides the return of purchase premium (less any withdrawals and premium tax) prior to annuitization or death.1

Read more about the benefits of EliteDesigns II.

Talk to your financial professional to see whether an EliteDesigns II Variable Annuity can complement your retirement portfolio. 


1Owners must be age 80 or younger at the time of purchase. This Rider must be selected at the time of contract purchase.  

20.25% for all subaccounts, except for Dimensional and Vanguard subaccounts, which are 0.65%

Neither Security Benefit Life Insurance Company nor Security Distributors is a fiduciary and the information provided is not intended to be investment advice. This information is general in nature and intended for use with the general public. For additional information, including any specific advice or recommendations, please visit with your financial professional.

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.

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. 

See the prospectus for complete product details.

The EliteDesigns II Variable Annuity, form V6209, is a flexible premium 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).