American National – Signature GUL Updates

Current Rates NY Current Rates

Signature GUL Data Page Correction
A remediation letter and new data page has been mailed out to all clients and their agent of record to correct the dates listed for the guaranteed cash out option periods. The old data page incorrectly printed the starting year of all rider option periods as 2016 rather than 15, 20, or 25 years from the start of the policy.

For example, if a policy began July 1, 2016, the years on the policy option dates will now reflect the year of the 15th, 20th, and 25th policy anniversaries as follows:

Option Periods:

Policy Year 15
Option Period Start Date: July 1, 2031 Option Period End Date: August 31, 2031
Policy Year 20
Option Period Start Date: July 1, 2036 Option Period End Date: August 31, 2036
Policy Year 25
Option Period Start Date: July 1, 2041 Option Period End Date: August 31, 2041
Posted in Bulletins.