Sentinel Security Life Annuity Rate Adjustment – Effective 09/15/2016
Sentinel Security Life Annuity Rate Adjustment – Effective 09/15/2016
Sentinel Security Life Annuity Rate Adjustment – Effective 09/15/2016
Effective September 15, 2016, the rates for the MYGA 5-year annuity will decrease by 10 basis points. No change for the 7-year. Additionally, our MYGA 10-year annuity rates will decrease by 5 basis points. To download an updated Annuity Rate Sheet, please see below.
Important Dates to Remember
- September 14, 2016: Date applications must be signed to receive current rates. Applications must be signed before or on September 14, 2016 to receive the current crediting rates.
- September 15, 2016: Date when new crediting rates take effect. Any application signed on or after September 15, 2016 will receive the new crediting rates.
- September 21, 2016: Date application must be received in Home Office to receive current rates. Applications signed before or on September 14, 2016 must be received in the Home Office by September 21, 2016 to receive the current crediting rates. We will accept faxed or e-mailed applications on September 21, 2016.
- October 31, 2016: Date 45-day rate lock ends. All transfers and exchanges for any application signed on September 14, 2016 or earlier must be completed by October 31, 2016 in order to receive the current crediting rates.
New Business E-mail: newbusiness@insadminservices.com
New Business Fax: 1-888-433-4795