On March 13, 2020, American General Life Insurance Company (AGL) and The United States Life Insurance Company in the City of New York (US Life) implemented a premium cap reduction to GUL and VULG. With our recent pricing adjustment, we are making premium cap updates on June 27, 2020 to better support our Distribution partners and clients.

Please see maximum premium amounts allowed in any policy year on the following products, including planned premium, lump sums or 1035 exchanges:

  • Secure Lifetime GUL 3* New $1,500,000 premium cap limit
    • New home office approval review for cases that exceed cap
  • Platinum Choice VUL 2* $1,000,000 premium cap limit
    • New home office approval review for cases that exceed cap

Important Details

  • Any case with premium greater than or equal to the amounts listed above in any policy year must be submitted for home office review and approval on and after the effective date.
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Securities offered through The Leaders Group, Inc. Member FINRA/SIPC 26 W. Dry Creek Circle, Suite 800, Littleton, CO 80120, 303-797-9080.

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