Fidelity & Guaranty – FG Life-Choice Minimum Face Amount to be Lowered
Great news! Effective December 30, 2015, FGL will be lowering the minimum face amount to $100,000 for issue ages 46-75 on new applications for FG Life-Choice! This is great news for your clients who are looking for life insurance, but at a lower face amount!
The illustration software will be updated on December 30, 2015 to reflect this change. Also if you have any FG Life-Choice cases currently pending between the ages of 46-75 and your clients would like to lower the face amount below $150,000, this is possible, but a signed amendment will be required at delivery. To view more details, click here.