Increased rates on Atlantic Coast Life annuities

Atlantic Coast Life News Bulletin, February 12, 2017

Atlantic Coast Life is INCREASING rates the Industry’s #1 Selling MYGA the Safe Harbor Annuities!

  • 5 Years
    • 4.25% Year 1
    • 3.25% Years 2-5
  • 6 Years
    • 4.40% Year 1
    • 3.40% Years 2-6
  • 7 Years
    • 4.65% Year 1
    • 3.65% Years 2-7
  • 10 Years
    • 5.05% Year 1
    • 4.05% Years 2-10

Increased rates are effective for apps received in Home Office on Wed March 1st. ALSO on March 1st the Accumulated Interest Withdrawal Rider & Preferred 10% Withdrawal Rider will not be available on Safe Harbor Annuity.

  • Feb 28th - Date apps must be signed to be able to add AIW and 10% rider. Apps must be signed before or on Feb 28th to add the AIW and 10% rider on the Safe Harbor Annuity.
  • March 1st - Any app signed on or after March 1st will receive a 5 bps increase and will not be able to add the AIW or 10% rider on the Safe Harbor Annuity.
  • March 7th - Date apps must be received in Home Office to add AIW and 10% rider. Apps signed before or on Feb 28th must be received in Home Office by March 7th to add the AIW and 10% rider on the Safe Harbor Annuity. Faxed or emailed apps accepted thru March 7th.
    FAX 888-433-4795
    EMAIL acl.newbusiness@insadminservices.com
  • 45-day Rate Lock - Transfers and exchanges for apps signed on Feb 28th or earlier must be completed by April 17th to add AIW and 10% rider on the Safe Harbor Annuity.

 

NO CHANGE on Safe Haven Annuity. Safe Haven continues as Highest Compound Rate MYGA with Accumulated Interest Withdrawal & Preferred 10% Withdrawals Riders. Send buy & hold business to Safe Harbor & liquidity business to Safe Haven.

More info on ACL here.


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