Subject:                                                   Important Information

 

 

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Global Atlantic

 

 

Important Information About Cap and Illustrated Rate Changes

 

 

Global Atlantic regularly reviews caps and crediting rates to appropriately manage the business.

Due to sustained higher hedging costs, cap rates on certain in-force Indexed Universal Life (IUL) products will be adjusted.

  • Premiums applied after Nov. 21, 2023, will be subject to the new rates.
  • Index strategies that renew on/after Dec. 1, 2023, will be subject to the new rates.


Notifying clients of the change

  • We will include information about the new rates in your clients’ annual statements beginning Dec. 1, 2023.
  • The Illustration system will be available on Nov. 1, 2023, with the new rates.


Product rates
Please see all the rates here. You can also access them by calling Global Atlantic at (855) 887-4487, option 3.