Atlantic Coast Life – Annuity Rate decrease Effective 7/01/2017
Based on current market conditions Atlantic Coast Life is lowering the crediting rates on the Safe Haven and Safe Harbor Bonus Guarantee Annuities. Effective July 1, 2017, the 5, 6, 7, 10, and 20-year rates will be reduced by 10 bps.
Important Dates to Remember
- June 30, 2017 – Date application must be signed to receive current interest rates and indexing strategy caps. Applications must be signed by June 30, 2016 or before to receive the current interest rates.
- July 1, 2017 – Date when new interest rates and indexing strategy caps takes effect. Any application signed on July 1, 2017 and later will receive the new interest rates.
- July 7, 2017 – Date application must be received in the Home Office to receive current interest rates and indexing strategy caps. Applications signed by June 30, 2017 or earlier must be received in the Home Office on July 7, 2017 to receive the current interest rates. We will accept faxed or emailed applications on July 7, 2017. New Business Email: acl.newbusiness@insadminservices.com
New Business Fax: 888-433-4795
- August 14, 2017 – Date 45-day rate lock ends. All transfers and exchanges for any application signed on June 30, 2017 or earlier must be completed by August 14, 2017 in order to receive the current interest rates.
ACL-Rates-7-1-17 |
