Legacy Marketing – Rider Cancellation Rule

Fidelity & Guaranty Life Updates Rider Cancellation Rule in FL, MN, OR, PA, TX, WA

To make the income rider cancellation provision more consistent among states, Fidelity & Guaranty Life Insurance Company has updated the cancellation provision for Income Freedom Rider, Income Security Rider, and Income XL Rider in the following states to specify that the rider may be cancelled only after Year 10. The change takes effect with the April 1, 2017, buy date.

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Posted in Bulletins.