Symetra is dedicated to offering you and your clients competitively priced products that are sustainable over time. Due to the continued low interest rate environment and changes in the competitive landscape, we are repricing our Symetra UL-G and Symetra CAUL products to a reduced credited rate for in-force policies and new sales.

Important transition rules for these changes

Jan. 31, 2020

  • Symetra Life Illustrator and Winflex illustration systems will be updated with new rates.
  • You will be able to run Symetra UL-G illustrations with the current and new rates through the transition period.

Feb. 28, 2020

  • All formal Symetra UL-G and Symetra CAUL applications must be received at Symetra’s home office in good order (fully completed, signed and dated) to receive current rates.
  • Symetra Life Illustrator and Winflex illustration systems will be updated to reflect only the new pricing.

April 10, 2020

  • To ensure timely processing, cases must be issued/paid to receive current rates.
    For 1035 exchange cases, the deadline will be extended if the only outstanding requirement is the receipt of 1035 funds.

Reduced credited rate: In-force policies

In March 2020, the credited rate on in-force Symetra UL-G and Symetra CAUL policies will change from 4.10% to 3.50%. Any premiums paid after this date will receive the new rate. The guaranteed minimum interest rate on these contracts remains at 2%.

Corporate Headquarters:
604 Harper Avenue, Jenkintown, PA 19046 | P: 800.543.5555 / 215.517.4080 | F: 800.343.0804 / 215.517.4087

Miami Office:
3470 NW 82nd Avenue, Suite #670, Doral, FL 33122 | P: 800.683.3077 / 305.908.6700 | F: 800.343.0804

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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