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North American – Guarantee Choice Product Changes

Effective April 10, 2017
The North American Guarantee Choice multi-year guarantee annuity (MYGA) will change as follows:
NEW Name North American Guarantee Choice II (from North American Guarantee Choice)
 
Updated SCs Updated surrender charge schedule1 (excluding CA, CT, FL)
 
No MGCV Minimum Guaranteed Contract Value (MGCV) discontinued
 
State Variation Notes: * California: No surrender charge change * Connecticut: The 6- through 10-year surrender charge periods no longer available, no surrender charge change * Florida: No surrender charge change
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Legacy Marketing – Strong Benefits Package for LegendMark

LegendMark Now Available Only With Strong Benefits Package
Fidelity & Guaranty Life Insurance Company continues to offer a strong package of consumer benefits with LegendMark Plus fixed indexed annuities that include a vesting premium bonus, performance-driven Income XL Rider, and choice of fee or no-fee interest crediting options. To focus on this benefits package, Fidelity & Guaranty Life will discontinue the LegendMark no-bonus FIAs effective April 10, 2017. To view more details, click here.
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North American – Rates and Upcoming Product Changes

North American is making several product changes effective April 10, 2017. The following links serve as a summary of all the communications that will be released.
 
NAC FoundationChoiceSM discontinuation (fixed index annuity) NAC Charter® Plus II Changes ( fixed index annuity) NAC Charter® Plus Launches in Hawaii ( fixed index annuity) North American Guarantee ChoiceSM Changes (multi-year guarantee annuity) FOR UT, VA – Income Pay® Plus with LPA Multiplier (guaranteed lifetime withdrawal benefit rider)
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Prudential – UL Protector Transition Rules

UL Protector Transition Rules
There are so many carriers, so many rules and so much to remember, it is easy to lose sight of critical dates. Because we must hold firmly to the transition rules (dates in terms of old vs. new rates), I wanted to provide a timely reminder. Key dates are below but please review the full transition rule document for all details. * March 26: Last day that an application can be signed with a request for Old Rates * March 27: Applications dated March 27th and later will receive the New Rates only * April 3: Applications based on Old Rates must be received in the Home Office by April 3, 2017. Applications dated prior to March 27 but received in the Home Office after April 3 will be processed with the New Rates * June 30: Inforce Placement Deadline for cases with old rates. Please contact your Regional Vice President with questions. Thank you!!