Global Atlantic – International Strategy Hang Seng Index Termination/Replacement
- May 18, 2022
- Carrier News, Life Insurance
From Global Atlantic
In light of two recent executive presidential orders which placed limits on investments in Chinese companies, Global Atlantic has made the decision to terminate the 1-Year Point-to-Point International Strategy utilizing the Hang Seng Index. For NEW BUSINESS, we will be terminating the International Strategy on Lifetime Foundation ELITE in all states. For IN-FORCE policies in all states except Florida, we will be terminating the International Strategy. For IN-FORCE policies in Florida, the Hang Seng Index will be replaced with the MSCI-EAFE Index. These changes ensure that Global Atlantic is compliant with the above referenced executive presidential orders.
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- May 18, 2022
- Benkis Barrueta
- Carrier News, Life Insurance
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