Global Atlantic Increased Cap Rates on our Life Products
- November 22, 2022
- Carrier News, Life Insurance, Rate Change, Rates
When rates are on the move, keep pace with Global Atlantic
We are excited to announce that we are increasing Cap Rates on the index strategies for Lifetime Builder ELITE and Global Accumulator as part of our continuous efforts to provide you and your clients highly competitive products. This 50bps increase on our accumulation products offers your clients greater growth potential and flexibility.
- For business that was issued and paid on or BEFORE November 9, 2022, previous rates will apply.
- For business issued and paid on or after November 10, 2022, will be subject to the new cap rates.
- The illustration software has been updated with the new rates.
- November 22, 2022
- Benkis Barrueta
- Carrier News, Life Insurance, Rate Change, Rates
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