Global Atlantic – Important Information Regarding Cap and Illustrated Rate Changes

Effective February 1, 2022.

If you follow the markets, you already know there’s been significant volatility. As you may recall, market volatility affects Global Atlantic’s investment experience and increases hedging costs. As a result, Global Atlantic, like many carriers, must review its anticipated experience and adjust its cap rates to appropriately manage the business. We do this to ensure our continued financial strength that you and your clients have come to know and rely upon.

In light of the continued low, long-term interest rate environment and recent increases in hedging costs, Global Atlantic will be adjusting cap and illustrated rates on currently available IUL products and on inforce IUL products, effective February 1, 2022.

The illustration system will be updated with new rates on February 1, 2022.

Additional information, Cap rate effective date and transition rules will be communicated in the coming weeks.

Cap and illustrated rates for currently available IUL products are below:

Accordia

Lifetime Foundation ELITE

Current/Prior New
Rate/
Cap
Illustrated
Rate
Rate/
Cap
Illustrated
Rate
Basic Interest 3.45% 3.45% 3.35% 3.35%
1 Yr Fixed 3.45% 3.45% 3.35% 3.35%
1 Yr PTP 9.75% 6.08% 9.25% 5.87%
2 Yr PTP 23.00% 6.08% 21.50% 5.87%
Monthly Cap 3.00% 5.08% 2.80% 4.68%
International HS 11.25% 6.08% 10.50% 5.87%
Increased Par 8.75% 6.00% 8.00% 5.55%
Elevated Cap 12.00% 6.08% 11.25% 5.87%
Accordia
Lifetime Builder ELITE 2020
Current/Prior New
Rate/
Cap
Illustrated
Rate
Rate/
Cap
Illustrated
Rate
Basic Interest 3.75% 3.75% 3.65% 3.65%
1 Yr Fixed 3.75% 3.75% 3.65% 3.65%
1 Yr PTP 10.50% 6.44% 10.00% 6.25%
2 Yr PTP 24.50% 6.44% 23.00% 6.25%
Monthly Cap 3.40% 5.91% 3.20% 5.55%
Increased Par 8.00% 5.52% 7.25% 5.06%
Elevated Cap 14.75% 6.44% 14.00% 6.25%
Accordia
Global Accumulator
Current/Prior New
Rate/
Cap
Illustrated 
Rate
Buy-Up Charge Par Rate Rate/
Cap
Illustrated
Rate
Buy-Up
Charge
Basic Interest 3.55% 3.55% n/a 3.45% 3.45%
1 Yr Fixed 3.55% 3.55% n/a 3.45% 3.45%
1 Yr PTP 9.25% 5.84% 100% 8.75% 5.62%
Increased Par 7.00% 4.87% 200% 6.25% 4.40%
BlackRock Diversa 12.75% 5.59% 200% 12.50% 5.43%
Buy-Up Secure 9.25% 5.84% 1.25% 25% (unchanged) 9.25% 5.62% 1.25%
Buy-Up Performance 9.25% 5.84% 5.25% 110% (unchanged) 9.25% 5.62% 5.25%
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