WealthSecure Plus 5-Year review

Yes, for the right buyer. If you want a short-term principal-protected FIA with more index flexibility than average and immediate access to 10% of your contract value annually, this is a solid fit. It is less appealing if you need frequent access to principal above that free amount — the MVA means the effective cost of a large early withdrawal can be higher than the stated surrender charge suggests.

The main reason to pick WealthSecure Plus 5-Year over a simpler FIA is the crediting menu depth at a 5-year duration. Most short-term FIAs keep things narrow — one or two indices, cap-only. This one adds participation-rate strategies, performance triggers, and the multi-year QuarterLock design across three indices. The secondary reason is the immediate free-withdrawal access at 10%, which is more generous than some peers. For buyers who want index-linked accumulation potential with a realistic exit in five years, the structure makes sense.

I think WealthSecure Plus 5-Year is best for a pre-retiree or retiree in their late 50s to mid-70s who wants principal protection with growth potential for a defined five-year window and values having real crediting flexibility rather than a single capped index. It also fits accumulation-stage buyers on a smaller budget — the $2,000 minimum means this isn't limited to people with large IRA rollovers. It is less attractive for someone who needs reliable income right away, wants a built-in lifetime income guarantee, or might need to access a significant portion of the account before year five.

You are not buying stock market exposure. You are buying an insurance contract that credits interest based on how selected indices perform over defined measurement periods, while protecting your principal from market losses. The upside is shaped by caps, participation rates, and trigger structures rather than the raw return of any index. The Fidelity indices in particular carry 5% embedded cost ratios baked into how the index is calculated — that is partly what allows the higher participation rates, but it is worth understanding that these are not the same as holding the underlying factors directly. You are trading unlimited upside for protected downside and a predictable five-year commitment.

WealthSecure Plus 5-Year offers six crediting strategies across three indices, plus a fixed account at 4.50%. The simplest option is the S&P 500 annual point-to-point cap strategy at 9.00% with a 100% participation rate. For buyers willing to use lower-cost Fidelity indices, the participation rates step up meaningfully: the Fidelity U.S. Quality Factor 5% ER annual strategy runs at 190% participation, and the Fidelity Stocks for Inflation 5% ER annual strategy runs at 210%.

The QuarterLock strategies are the most distinctive element. Rather than measuring from a single start point to a single end point, QuarterLock locks in the highest value achieved on any quarterly anniversary date during a 2-year or 5-year term. The 5-year QuarterLock on the Fidelity indices carries a 220% participation rate as of the December 2025 rate sheet. That structure captures gains if the index hits a high early in the term rather than requiring sustained performance through the end. Buyers can also use performance triggers on both Fidelity indices — a flat credited rate (7.00% on Quality Factor, 8.00% on Stocks for Inflation) regardless of how large the index gain actually is, as long as the index is flat or positive. A guaranteed minimum participation rate of 10% applies across Fidelity index strategies. Rates are current as of December 27, 2025, and can change on renewal.

The secondary feature worth discussing is the optional GLWB rider — specifically the Enhanced version at 1.20% annually. It adds two things: an 8.50% compound rollup on the benefit base for up to 10 years before income is turned on, and a doubling of the maximum annual withdrawal amount while the owner is permanently impaired (unable to perform two of six ADLs, severe cognitive impairment, or confined to a qualifying care facility). That chronic care doubler is a real benefit for buyers who want both accumulation potential and a long-term care hedge without buying a standalone LTC policy.

That said, the income rider is a genuine cost. At 1.20% of the benefit base annually, it creates meaningful drag on contract value over time. The math works in the rider's favor mainly if you live long enough to collect the enhanced income stream. For buyers whose primary goal is accumulation and who are uncertain about whether they'll turn on income, the base contract without the rider is often the cleaner choice.

WealthSecure Plus 5-Year allows penalty-free withdrawals of 10% of contract value each policy year, available from day one. You must leave at least $500 in the account. RMDs attributable to this contract are available at any time without withdrawal charge or MVA, which makes it straightforward to hold in a qualified account.

Withdrawals above the 10% free amount during the surrender period are subject to charges and a market value adjustment. The MVA — Market Value Adjustment — means the actual penalty on a large withdrawal can be higher or lower than the stated surrender charge depending on interest rate movements. In a rising-rate environment, the MVA works against you; in a falling-rate environment, it can work in your favor. Two hardship waivers also apply: if you are confined to a nursing home, LTC facility, skilled nursing facility, or hospital for 90 or more consecutive days, withdrawal charges and MVA are waived. Terminal illness waiver applies if a terminal diagnosis with less than one year to live is confirmed. Both waivers require the event to occur after the contract effective date.

The base contract has no product fee, no M&E charge, no administration charge, and no annual contract fee. The only fees that appear are tied to optional riders. If you elect the base GLWB Rider II, the cost is 1.10% of the benefit base annually. The Enhanced GLWB Rider II (which adds the chronic care doubler) runs 1.20% annually. Both are capped at 2.50% — that cap matters if the benefit base grows significantly through the rollup, since the fee is percentage-based and could increase in dollar terms over time.

The structural tradeoffs are what most buyers feel more than the explicit fees. Participation rates and caps are set at issue and can change at renewal. The Fidelity indices carry 5% embedded expense ratios that are built into how the index is constructed — this is part of why high participation rates are possible, but buyers should understand they are not measuring raw index performance. And the MVA adds variability to the real cost of any withdrawal above the free amount.

Legal Entity: S.USA Life Insurance Company, Inc.

Parent: Prosperity Life Group

AM Best Rating: A-