Sentinel Security Life Annuity Rate Adjustment – Effective 08/15/2016
Sentinel Security Life Annuity Rate Adjustment – Effective 08/15/2016
Sentinel Security Life Annuity Rate Adjustment – Effective 08/15/2016
Effective August 15, 2016, the rates for our MYGA 5-year and 7-year annuities will decrease by 10 basis points. Additionally, our MYGA 10-year annuity rates will decrease by 20 basis points. To download an updated Annuity Rate Sheet, please see below.
Important Dates to Remember
- August 14, 2016: Date applications must be signed to receive current rates. Applications must be signed before or on August 14, 2016 to receive the current crediting rates.
- August 15, 2016: Date when new crediting rates take effect. Any application signed on or after August 15, 2016 will receive the new crediting rates.
- August 19, 2016: Date application must be received in Home Office to receive current rates. Applications signed before or on August 14, 2016 must be received in the Home Office by August 19, 2016 to receive the current crediting rates. We will accept faxed or e-mailed applications on August 19, 2016.
New Business E-mail: newbusiness@insadminservices.com
New Business Fax: 1-888-433-4795
- September 30, 2016: Date 45-rate lock ends. All transfer and exchanges for any application signed on August 14, 2016 or earlier must be completed by September 30, 2016 in order to receive the current crediting rates.