Our 45-Day Rate Lock Policy

March 5, 2024

We'll lock an interest crediting rate on fixed annuities, cap rate or participation rate only on fixed index annuities for 45 calendar days* from the day we receive the original application, if we receive paperwork within the timelines below. 

We don’t provide a rate lock for fixed interest crediting rates on index annuities or minimum guaranteed rates. 

If we receive the expected premium within the 45-day period*, your client receives either the locked-in rate or the current rate on the day we receive the premium ─ whichever is higher.

  • If rates are increasing: Sign and date the application and all required supplemental forms on or after the rate increase effective date.
  • If rates are decreasing: Sign and date the application and all required supplemental forms before the rate decrease effective date. We’ll also need to receive your documents in our home office within four business days of the rate change effective date.

* May not be available in all states or distributors.

More About Get to Know The Standard
From our financial strength to our strong positioning ─ these are just a few reasons to choose The Standard. Find out more about us.
The Standard was recently named as a best place to work for disability inclusion for the second year in a row. We strive to ensure an inclusive culture and are proud to be recognized for two consecutive years. Find out more about how and why we were chosen for this great honor.
We’re implementing several updates to improve and streamline our service. Take a look at the changes we’ve made.
Read our Environmental, Social and Governance Report to see how we’re creating stronger communities, a healthier environment and an inclusive workplace.
The newest additions to our Individual Annuities team bring strong and varied experience in the insurance and financial services industry.

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Doing business with The Standard is good for you and your clients. Our annuities offer innovative product design, desirable rates, competitive compensation, high industry ratings and excellent service.