American General – Rates and AG News
American General has issued the following bulletins * Annuity Rates are Changing * New Term Rates * Buzz Term * Low Band Term * Term Conversion * BulletinsNorth American Company for Life and Health Insurance®
The following annuities will be discontinued effective 12-30-16:* Freedom Choice Fixed Index Annuity
* North American Ten Fixed Index Annuity
Applications for these products must be received in the Home Office on or before 12-30-2016, 12:30 pm CST.
North American – Product, Rider and Rate Changes
Fixed Index Annuity Changes NAC IncomeChoice Lifetime Payment Percentages (LPPs) will be age banded every 5 years NAC BenefitSolutions and NAC BenefitSolutions II Guaranteed Lifetime Payment Amounts (LPAs) are decreasing Guaranteed Lifetime Withdrawal Benefit (GLWB) Rider Changes Income Pay will no longer be available on Performance Choice 8 Plus and 12 Plus and the Bonus Credit Option percentage will reduce from 6.00% to 5.75% Guaranteed Lifetime Withdrawal Benefit (GLWB) Rider Changes Income Pay Plus will no longer be available on Performance Choice 8 Plus and 12 Plus, roll-up rate will reduce from 6.25% to 6.00% and LPPs will be age banded every 5 years Rate Change Threshold Participation Strategy (TPS) rates are changing. (New rate sheet available) | Get up to speed now! | |||
Click here for New Materials | ||||
Click here for New Business Info | ||||
Click here for New Rate Sheet | ||||
Click here and check out our new higher MYGA rates! | ||||
New materials will be available on our website on 12-13-16. |
Americo – Upcoming Product Changes
Click on the link below for an important notice regarding upcoming product changes, effective January 1, 2017, and Home Office reminders.