Important change to Secure Lifetime GUL 3
On October 17, in response to the historically low interest rate environment, we have an upcoming pricing change to our Secure Lifetime GUL 3 product for new sales. Premiums will increase an average of 1-5% depending on age, underwriting classes, and funding pattern. Full details, including transition rules, will be available at launch.
GUL 3 coming to New York
As of October 17, we’re excited to be re-entering the New York market with our Secure Lifetime GUL 3 product with the same highly competitive rates as we will have in other states. More details coming at launch..
ePolicy Delivery Enhancements Now Available!
We’ve made several significant enhancements to ePolicy Delivery, our electronic service that helps reduce policy delivery time and eliminates mailing. These changes make ePolicy Delivery easier to navigate and more convenient for you and your clients. Read more in New Business Bulletin 16-085.
Pennsylvania Surrender Comparison Index Disclosure
Overview of the state requirement and AIG’s procedures regarding the Pennsylvania Surrender Comparison Index Disclosure; included are the products excluded from this regulation and manual calculation samples when needed to meet customer requests. Review New Business Bulletin 16-102 for details.
Required forms reminder for AAS Chronic Illness ABR
Reminder, the Summary and Disclosure Notice for Chronic Illness Accelerated Death Benefit Rider disclosure form (AGLC109401-2015) is required for all products where the Accelerated Access Solution rider is offered. State variations apply; available on Forms Depot.
New Consumer Supplement required in CT for AAS Chronic Illness ABR
All Accelerated Access Solution materials provided to consumers in the state of CT must be accompanied by this supplemental document. Detailed explanation available in Product Bulletin 16-111.