A single-premium guaranteed account with a Bitcoin-linked upside rider. Illustrative build — every number here traces to the MYGA + BTCX build spec.
Premium & term
Single premium (USD)
Guaranteed crediting ratei
%
Term (years)i
7 yearsFixed
Min 1% · Max 3%
BTCX election structure
Guaranteed at maturity$1.02MTIRR 0.3%
Guaranteed + BTCX (25th)$1.63MTIRR 7.2% (1.6×)
MYGA / BTCX split95 / 5rate 1.0%
Surrender value—held to maturity
Guaranteed value curve
$1.71M$1.51M$1.32M$1.12M$924K
$1.00M
$1.03M
$1.07M
$1.13M
$1.20M
$1.30M
$1.44M
$1.63M
Y0Y1Y2Y3Y4Y5Y6Y7
BTC scenario
Year
Guaranteed + BTCX (25th)
Account value
Surrender valuei
Death benefit + BTCX
BTCX value (25th)
Y0
$1,000,000
$950,000
$875,000
$1,000,000
$50,000
Y1
$1,031,025
$959,500
$901,250
$1,031,025
$71,525
Y2
$1,071,412
$969,095
$928,288
$1,071,412
$102,317
Y3
$1,125,150
$978,786
$956,136
$1,125,150
$146,364
Y4
$1,197,948
$988,574
$984,820
$1,197,948
$209,374
Y5
$1,297,969
$998,460
$1,014,365
$1,313,875
$299,510
Y6
$1,436,893
$1,008,444
$1,044,796
$1,473,245
$428,449
Y7
$1,631,425
$1,018,529
$1,076,140
$1,689,036
$612,897
BTCX value is illustrative: only the year-7 maturity figure comes from the historical 25th-percentile multiple. Intermediate years assume smooth compound growth to that endpoint (net of the rider fee) — real Bitcoin paths are far more volatile. It is kept out of the chart above so its smaller values don't distort the guaranteed-side proportions.
Illustrated upside range
Guaranteed (BTCX pays zero)$1.02M · TIRR 0.3%
10th percentile$1.47M · TIRR 5.6%
20th percentile$1.57M · TIRR 6.7%
25th percentile · featured$1.63M · TIRR 7.2%
40th percentile$1.82M · TIRR 8.9%
50th percentile$2.09M · TIRR 11.1%
60th percentile$2.85M · TIRR 16.1%
↑ premium $1.00M.
Competitor comparison
Metric
Meanwhile
HSBC (HSIC/LPS)
Manulife HK (PA)
Sun Life HK (RF)
Day-1 cash value (% of premium)
87.5%
83.0%
83.0%
80.0%
Year-1 commission
10.0%
9.0%
8.5%
6.0%
Break-even, guaranteed (years)
5 yr
8 yr
9 yr
5 yr
Break-even, illustrated (years)
2 yr
2 yr
3 yr
3 yr
Year-7 TIRR, guaranteed
0.3%
n/a
n/a
n/a
Year-7 TIRR, illustrated
5.6%–7.2%
4.6%
4.8%
4.9%
Competitor figures are unconfirmed internal reference data (spec §11), each carrier’s lowest premium tier. Meanwhile’s day-1 cash value and guaranteed break-even depend on the nonforfeiture backstop, an open legal question (spec §6.7). Year-1 commission is 10.0% of the single premium. Illustrated break-even uses the selected BTC scenario.