Dear Financial & Insurance Professional,
Rate Increases for Select FIAs Effective May 8
We’re happy to announce that we’re increasing select cap and par rates — and decreasing spreads — on several of our fixed indexed annuity (FIA) products, effective May 8.
What’s changing:
Caps, par rates and/or spreads are changing for:
- Accelerator Plus® 10 & 14
- FG AccumulatorPlus® 10
- F&G Flex Accumulator®
- FG Power Accumulator® 10
What you need to know:
- Applications we receive before May 8 will issue with the current rates.
- Applications we receive on or after May 8 will issue with the new rates.
- Rates apply to new business issued on May 8 and later. No prior business qualifies. Requests to reissue previously issued contracts with new, higher rates will not be honored.
- Standard rate lock rules apply. Please refer to our rate lock procedures for more details, including exceptions for cash with application FIAs.
Click below to download the latest rate package to view the details of these changes — color-coded for easy reference.
If you have questions, feel free to contact an F&G sales representative at SalesDesk@fglife.com. As always, thank you for your business, partnership and support.
