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CL Life Annuities Offer Financial Protection and Growth for Retirement Savers

CL Life offers a suite of single premium tax-deferred annuities that provide a guaranteed interest rate over a 1-, 2-, 3-, or 5-year time frame.

CL Sundance Annuity 5-Year

A single premium tax-deferred annuity that guarantees an interest rate for 5 years.
  • Current Rate: 5.50%
  • Minimum Premium: Tax-Qualified $10,000,
    Non-Qualified $20,000
  • Issue Age: 0-90
  • Penalty-Free withdrawal up to 12 months’ worth of Interest Earned. Distributions may be taken Monthly, Quarterly, Semi-Annual, and Annual. Minimum of $100.00.
  • Penalty-Free withdrawal of Required Minimum Distribution
  • Death Benefit: Full Accumulation Value
  • 30-day Free Look to cancel the contract
  • Surrender Charges: 9%, 8%, 7%, 6%, 5%
  • Market Value Adjustment

Renewal
Ability to Renew for a new Interest Rate Guarantee Period

CL Sundance Annuity 3-Year

A single premium tax-deferred annuity that guarantees an interest rate for 3 years.
  • Current Rate: 5.50%
  • Minimum Premium: Tax-Qualified $10,000,
    Non-Qualified $20,000
  • Issue Age: 0-90
  • Penalty-Free withdrawal up to 12 months’ worth of Interest Earned. Distributions may be taken Monthly, Quarterly, Semi-Annual, and Annual. Minimum of $100.00.
  • Penalty-Free withdrawal of Required Minimum Distribution
  • Death Benefit: Full Accumulation Value
  • 30-day Free Look to cancel the contract
  • Surrender Charges: 9%, 8%, 7%
  • Market Value Adjustment

Renewal
Ability to Renew for a new Interest Rate Guarantee Period

CL Sundance Annuity 2-Year

A single premium tax-deferred annuity that guarantees an interest rate for 2 years.
  • Current Rate: 4.65%
  • Minimum Premium: Tax-Qualified $10,000,
    Non-Qualified $20,000
  • Issue Age: 0-90
  • Penalty-Free withdrawal of Required Minimum Distribution
  • Death Benefit: Full Accumulation Value
  • 30-day Free Look to cancel the contract
  • Surrender Charges: 9%, 8%
  • Market Value Adjustment

Renewal
Ability to Renew for a new Interest Rate Guarantee Period

CL Tarrant Trail

A single premium tax-deferred annuity that guarantees an interest rate for 1-year with a bailout feature based on renewal rates.
  • Current Rate: 6.75%
  • Minimum Premium: $20,000 Tax-Qualified / Non-Qualified
  • Issue Ages: 0-90
  • Penalty-Free withdrawals greater of 10% of contract value or Required Minimum Distribution starting contract year 2
  • Death Benefit: Full Accumulation Value
  • 30- day Free Look to cancel contract
  • Surrender Charges: 9%, 8%, 7%, 6%, 5%, 4%, 0%
  • Market Value Adjustment

Renewal Rate Bailout Feature

If Renewal rate is below contract bailout rate, 30-day window at end of policy year to take full or partial withdrawal with no surrender charges or MVA.

Learn More About Our Suite of Annuity Products

Download our brochures and learn how a CL Life annuity can provide a simple, secure and low-risk way to manage money into retirement.


Download Sundance Brochure
Download Tarrant Trail Brochure

Get the Latest Annuity Crediting Rates

Download a fact sheet with the current crediting rates for the CL Life Annuities.


Download the Current Rate Sheet
Download a Sundance $100,000 Illustration
Download a Tarrant Trail $100,000 Illustration

Product Availability

CL Life products are available in the following states.
Available
Pending
CL Life products are available in the following states.
Available
Pending

Product Availability

CL Life products are available in the following states.
Available
Pending

Get Started Securing a Financially Stable Future

© Copyright 2023 CL Life and Annuity Insurance Company, An Affiliate of Crestline Management
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