Important Levinson Carrier News and Updates – 07/14/23
Principal
Offer businesses key person insurance to help offset the cost of losing a key employee. (Click here to read more)
New income protection brochure. Share the top reasons to consider adding income protection as part of a solid financial foundation. (Click here to read more)
Atlantic Coast Life
5-Year MYGA Rates are Increasing Monday!
We are excited to announce that we are increasing our 5-year MYGA rates in most states!
Effective Monday, July 17th, 2023, Atlantic Coast Life Insurance Company (“Atlantic Coast Life”) will increase its Safe Haven Annuity and Safe Harbor Annuity 5-year MYGA rates in all states except Florida.
Atlantic Coast Life’s new 5-year effective compound level rates, 5.60% for the Safe Haven Annuity and 5.59% for the Safe Harbor Annuity, will be among the highest non-fee based 5-year MYGA rates offered by carriers rated B++ or higher in our marketplace, according to Annuity Rate Watch.1
Please note:
- Effective Monday, July 17th, these new rates will be applied to all new and pending applications, in all states except Florida.
- These new rates will not be applied to in-force policies. In-force policies will continue to receive their current rates.
- Please reference the annuity rate sheet below before speaking with clients about these rate adjustments.
Updated materials reflecting these changes will be available on the Agent Portal on Monday, July 17th.
With a higher, market-leading 5-year rate, Atlantic Coast Life’s Safe Harbor Annuity and Safe Haven Annuity can help you maximize rates for your clients and help them prepare for retirement.
Please click the annuity rate sheet (effective July 17th) HERE for full rate details and thank you for your continued support in choosing Atlantic Coast Life!
