CLICK HERE to view the Annuity Rate Sheet for May 1, 2017.
Annuity News Bulletin:
Oxford Life – For a limited time, the Oxford Life Multi-Select 6 will have a guaranteed rate of 3.10%. This promotional rate is nearly 17% HIGHER than the current five year rate. Additionally, effective May 1, 2017, until further notice, commissions will be reduced by 50% on the Multi Select 6. >>Read More
Fidelity & Guaranty Life – The special 3.10% FG Guarantee-Platinum 5 single premium fixed deferred traditional annuity interest rate HAS BEEN EXTENDED and will now end on Friday, May 5, 2017 at 8:00 PM EDT. The new interest rate will be 1.85%. >>Read More
Great American – Delaware will adopt the 2010 NAIC Suitability in Annuity Transactions Model Regulation effective June 1, 2017. Producers must complete a product specific training course prior to the sale of an annuity in Delaware immediately, as well as a 4-hour state approved continuing education course, by June 1, 2017. >>Read More
American General – The effective date for traditional fixed annuities issued by American General Life Insurance Company and The United States Life Insurance Company in the City of New York will no longer be based only on the application signature date. This change applies to applications signed and received on or after May 1, 2017. >>Read More
American National – Effective May 1, 2017, the change to the Cost of Living Adjustment on SPIA and SPIA-NY will require new annuity applications and product disclosures. >>Read More