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AIG: GUL Rate Increase Coming

April 14, 2018

GUL 3 Rate Increase Coming



GUL 3 Rate Increase Coming


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GUL Rate
Increase Coming


We hope your 2018 is off to a great start! We want to let you know of an important update to our Secure Lifetime GUL 3 (GUL 3) product.

Starting April 14, 2018, the price of GUL 3 will be increasing an average of 3 to 4%. Adjustments to the target premiums will also be made. While we strive to hold the prices of all of our products steady, the long-standing low interest rate environment continues to put pressure on our industry. To ensure we stay laser-focused on our commitment – to deliver higher value to both you and our clients – a rate change is necessary.

We understand you may be in discussions with a client that includes GUL 3, so we wanted to give you a chance to secure the current price before it goes up. To receive current rates, applications must be received on or before April 13th. Please see the bulletin for details.


IMPORTANT!
April 14th Rate Update

BULLETIN

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