KSKJ Annuity Rate Changes Effective May 12, 2016
KSKJ News Bulletin, May 9, 2016
KSKJ is making some minor adjustments to rates and deposit limits for its annuity business effective May 12, 2016. Business received by the 11th or postmarked by the 11th will receive the old rates and limits.
In particular, we have adjusted our 5 year, single premium fixed annuity. As one of the few annuities of its kind in the market right now with a five year rate guarantee, it has been very popular, and our adjustments have been made to manage the flow of business in line with our business strategy and the current investment climate.
We are also reintroducing our seven year, single premium annuity option for your clients as a possible alternative to consider. It has higher limits and commissions than the 5 year, and we believe it will be an attractive option for you.
Know that we have made these decisions after careful thought and consideration. We appreciate your contributions to our growth, celebrate your success, and thank you for your consideration and understanding. Please let us know if you have any questions about these updates. Thank you or your partnership and service to KSKJ Life.
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