American National Major Improvements to Signature Performance Indexed UL Coming April 3, 2023
- February 28, 2023
- Carrier News, Life Insurance, Rate Change, Rates, Uncategorized
American National is excited to announce big improvements to the industry-leading Signature Performance Indexed UL product that will take effect on 04/03/23:
- Increased income
- New 25 bps Interest Bonus added to all interest crediting strategies
- CVAT now available
- No-Lapse and Surrender Charge periods extended from 10 to 15 years
On 04/03/23, we will also be increasing premium rates for the Signature Guaranteed UL product:
- Average premium increase of 6%
- No other changes to features or riders
- Remains one of the most competitively priced and feature rich Guaranteed UL products in the market
Administrative Details on Expiring Versions for Both Products
| Application Date | Application Received & Processed Date | Client Will Receive | ||
| Before 04/03/23 | & | Before 04/03/23 |  | Pre 04/03/23 Pricing |
| Before 04/03/23 | & | On or After 04/03/23 | | Pre 04/03/23 Pricing |
| On or After 04/03/23 | & | On or After 04/03/23 | | Post 04/03/23 Pricing |
- February 28, 2023
- Benkis Barrueta
- Carrier News, Life Insurance, Rate Change, Rates, Uncategorized
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