Current Carrier Updates...
Aegis Financial will keep this webpage updated with any recent, important carrier changes to help you prepare for your week ahead, so you’ll know exactly which carriers to be mindful of. Only those carriers that have changes are listed. Any interest rate adjustments, product changes and even new state product approvals are included with links to receive complete details.
Annuity Carrier News
NASSAU RE
Effective 6/1/20
Nassau Re has announced rate increases on the Nassau Growth Annuity, Personal Retirement Choice and MYGA annuity products. These increases will become effective June 1st. Click here for rates and the latest updates.
AMERICAN EQUITY
Effective 5/19/20
American Equity will be offering E-delivery Rewards to agents beginning May 19th – August 28th. At the end of the qualification period the funds will be sent directly to the agent's EFT information that is on file. The e-delivery request can be made through ReadyApp (preferred method) or if they are still using paper forms, it can be requested as well. If an agent requests e-delivery and then calls in to request a paper contract, please let them know we are not able to send to them since their e-delivery qualified them for this incentive.
ATHENE
Effective 5/11/20
Effective May 11th, Athene is offering a higher rate for a charge option on the Performance Elite series. Participation rates up to 195% will now be available on the already competitive accumulation annuities. Please click here for additional details or contact your marketer for an illustration.
LINCOLN
Effective 5/15/20
Effective May 15th, Lincoln Financial will be increasing the Fidelity AIM Dividend Index participation rates in the Lincoln OptiBlend 5 and 10. Click here for rates.
NORTH AMERICAN
Announced 5/8/20
North American has announced several positive improvements to their Fixed and FIA product lines:
The VersaChoice FIA now features a competitive new index option called the Fidelity Multifactor Yield 5% ER
GLOBAL ATLANTIC
Effective 6/1/20
Effective June 1 Global Atlantic will be making income rider adjustments to their Choice Income II and Income 150+SE products. Applications need to be in signed before May 29th and received within 14 days of the signature date. Applications funded by 1035 or transfer will have 60 days to fund after signature date. Click here for details.
AIG
AIG Builder 8 and 10 have increased rates and currently offers a 2-year reset options on both the MLSB and AB All Market Index, with 100% participation and no spread or fees.
Click here for some of the best allocation strategies for this product as indicated by AIG.
NASSAU RE
Announced 5/1/20
Nassau Re has announced rate changes effective May, 2020. The Personal Income Annuity, Personal Protection Choice and Personal Retirement Choice products will have rate increases. The Nassau Growth Annuity rates have changed and the MyAnnuity rates have not changed. Click here for updated rates.
F&G
Effective 5/8/20
F&G Announces Raising Select Annuity Rates in May:
F&G is increasing select rates for AccumulatorPlus 7, 10 effective May 8, 2020. Click here for rates.
PACIFIC LIFE
Effective 5/1/20
Pacific Index Dimensions rates are increasing. Click here for the rates.
Pacific Life will no longer offer the Interest Enhanced Income Benefit 2 rider for sale with Pacific Index Dimensions. New applications must be signed by April 30, 2020. Click here for transition rules.
Effective 6/1/20
Nassau Re has announced rate increases on the Nassau Growth Annuity, Personal Retirement Choice and MYGA annuity products. These increases will become effective June 1st. Click here for rates and the latest updates.
AMERICAN EQUITY
Effective 5/19/20
American Equity will be offering E-delivery Rewards to agents beginning May 19th – August 28th. At the end of the qualification period the funds will be sent directly to the agent's EFT information that is on file. The e-delivery request can be made through ReadyApp (preferred method) or if they are still using paper forms, it can be requested as well. If an agent requests e-delivery and then calls in to request a paper contract, please let them know we are not able to send to them since their e-delivery qualified them for this incentive.
ATHENE
Effective 5/11/20
Effective May 11th, Athene is offering a higher rate for a charge option on the Performance Elite series. Participation rates up to 195% will now be available on the already competitive accumulation annuities. Please click here for additional details or contact your marketer for an illustration.
LINCOLN
Effective 5/15/20
Effective May 15th, Lincoln Financial will be increasing the Fidelity AIM Dividend Index participation rates in the Lincoln OptiBlend 5 and 10. Click here for rates.
NORTH AMERICAN
Announced 5/8/20
North American has announced several positive improvements to their Fixed and FIA product lines:
The VersaChoice FIA now features a competitive new index option called the Fidelity Multifactor Yield 5% ER
- It is available with a standard and optional enhanced participation rate
- Participation rates as high as 200% are now available
- Available immediately
- The Charter Plus 14 and the Charter Plus 10 have new, increased premium bonuses effective May 12
- The Charter Plus 14 bonus has increased from 5% to 8%
- The Charter Plus 10 bonus has increased from 3% to 6%
- The Guarantee 3 high band is offering a 2.25% rate special
- The Guarantee 7 high band is offering a 3.5% rate special
GLOBAL ATLANTIC
Effective 6/1/20
Effective June 1 Global Atlantic will be making income rider adjustments to their Choice Income II and Income 150+SE products. Applications need to be in signed before May 29th and received within 14 days of the signature date. Applications funded by 1035 or transfer will have 60 days to fund after signature date. Click here for details.
- Choice Income II income bonus will go to 8% and will decrease payouts 50 bps.
- Income 150+SE payouts will reduce 25 bps.
AIG
AIG Builder 8 and 10 have increased rates and currently offers a 2-year reset options on both the MLSB and AB All Market Index, with 100% participation and no spread or fees.
Click here for some of the best allocation strategies for this product as indicated by AIG.
NASSAU RE
Announced 5/1/20
Nassau Re has announced rate changes effective May, 2020. The Personal Income Annuity, Personal Protection Choice and Personal Retirement Choice products will have rate increases. The Nassau Growth Annuity rates have changed and the MyAnnuity rates have not changed. Click here for updated rates.
F&G
Effective 5/8/20
F&G Announces Raising Select Annuity Rates in May:
F&G is increasing select rates for AccumulatorPlus 7, 10 effective May 8, 2020. Click here for rates.
PACIFIC LIFE
Effective 5/1/20
Pacific Index Dimensions rates are increasing. Click here for the rates.
Pacific Life will no longer offer the Interest Enhanced Income Benefit 2 rider for sale with Pacific Index Dimensions. New applications must be signed by April 30, 2020. Click here for transition rules.
Life Carrier News
ALLIANZ
Allianz is now offering the Chronic Illness Rider on all California policies moving forward. Existing applications and even existing policies are eligible on contract anniversaries with submission of the 5-question CIAD Rider application.
Click here for details.
Allianz is now offering the Chronic Illness Rider on all California policies moving forward. Existing applications and even existing policies are eligible on contract anniversaries with submission of the 5-question CIAD Rider application.
Click here for details.