Effective May 15, 2021, premiums on Secure Lifetime GUL 3 are increasing to reflect the current market conditions. We are committed to providing attractive guaranteed life insurance products to your clients and are continuously evaluating our product portfolio to help clients look forward to their financial future with confidence.
Rate Changes
- Guaranteed premiums will be increasing by an average of 17% for most cells, with ages 45 to 65 seeing some of the largest increases.
Transition Rules
Paper Applications
- New GUL rates are effective May 15, 2021.
- Applications received on or after May 15, 2021, will receive the new rates.
- Starting 4:00 PM CDT on May 14, 2021, only the new rates will be available in Winflex.
- To receive the old rates applications must be received on or before May 14, 2021.
- Reissue requests will not be honored.
AG Quick Ticket
- New GUL rates are effective May 15, 2021.
- Applications submitted via Quick Ticket by May 14, 2021, will receive the old rates if AIG receives the application in good order by June 1, 2021.
- Applications submitted via Quick Ticket by May 14, 2021, will receive the new rates if AIG receives the application in good order after June 1, 2021.
- Applications submitted to AIG via Quick Ticket on or after May 15, 2021, will automatically receive the new rates.
- Reissue requests will not be honored.