As you know, the unprecedented market volatility and continued low interest rate environment are putting additional pressure on an already strained product line. Due to these issues and changes in the competitive landscape, we are repricing our Symetra UL-G product, effective May 1, 2020.
Important transition rules
May 1, 2020
- Symetra Life Illustrator and Winflex illustration systems will be updated with new rates. You should contact the Life Sales Desk for assistance accessing the UL-G 6.0 rates after this date.
- All formal Symetra UL-G applications must be received at Symetra’s Home Office in good order (fully completed, signed and dated) to receive current rates.
May 29, 2020
- 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.