Rate Lock Changes

Exciting news! We’ll now provide a rate lock for fixed interest crediting rates on our fixed index annuities. Remember to help your clients take advantage of our generous rate lock practice.

Our 45-Day Rate Lock Policy*

We'll lock a fixed interest crediting rate, cap rate or participation rate for 45 calendar days from the date we receive the original application, according to the timeline below. We don’t provide a rate lock for minimum guaranteed rates.

We don’t provide a rate lock for minimum guaranteed rates. 

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

• If rates are increasing: Premium must arrive on or after the date of the rate increase.
• If rates are decreasing: Sign and date the application and all required supplemental forms before the date of the rate decrease. We must receive all documents in our home office within four business days of the rate change, including the date of the rate change.

* May not be available in all states or distributors.