In order to receive a 45-day rate lock on transfers and exchanges*, paperwork must be received by Reliance Standard by the close of business on Wednesday, 8/10.
If business is being written on Wednesday 8/10, RSL will allow faxed copies of in good order applications and paperwork to be faxed on 8/10 by 5:00PM (Fax # for Annuity New Business: 267-256-3542), but the original application and paperwork MUST be received by the close of business on 8/11.
For a PDF of this rate bulletin, please email annuity.marketing@rsli.com.
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The Keystone Index Annuity |
Product
| New Rates | Old Rates | Change | Keystone-5** | | | | Annual Pt-to-Pt Cap | 3.50% | 4.50% | -1.00% | Annual Pt-to-Pt
Participation Rate | 15.00% | 15.00% | No Change | Annual Monthly
Average Cap | 4.00% | 5.00% | -1.00% | Annual Monthly
Average Participation Rate | 20.00% | 20.00% | No Change | Fixed Interest Rate | 2.10% | 2.55% | -0.45% | Keystone-7** | | | | Annual Pt-to-Pt Cap | 4.00% | 5.00% | -1.00% | Annual Pt-to-Pt
Participation Rate | 20.00% | 20.00% | No Change | Annual Monthly
Average Cap | 4.50% | 5.50% | -1.00% | Annual Monthly
Average Participation Rate | 25.00% | 25.00% | No Change | Fixed Interest Rate | 2.15% | 2.65% | -0.50% | Keystone-10** | | | | Annual Pt-to-Pt Cap | 4.25% | 5.25% | -1.00% | Annual Pt-to-Pt
Participation Rate | 20.00% | 20.00% | No Change | Annual Monthly
Average Cap | 4.75% | 5.75% | -1.00% | Annual Monthly
Average Participation Rate | 25.00% | 25.00% | No Change | Fixed Interest Rate | 2.20% | 2.70% | -0.50% | | | | |
Traditional Bonus Annuity |
Product
| New Rates
Base + Bonus / Base | Old Rates
Base + Bonus / Base | Change
Base + Bonus / Base | Eleos-MVA | 3.35% / 2.35% | 3.90% / 2.90% | -0.55% | Eleos-SP | 3.20% / 2.20% | 3.75% / 2.75% | -0.55% | Apollo-MVA | 3.70% / 2.70% | 3.70% / 2.70% | No Change | Apollo-SP | 3.55% / 2.55% | 3.55% / 2.55% | No Change | Argus2000-MVA | Temporarily Suspended | N/A | N/A | Argus2000-SP | Temporarily Suspended | N/A | N/A | | | | | | | | | Multi-Year Guarantee Rates |
Product
| New Rates
Guar Rate 1st Yr/
Guar Rate Yrs 2+ | Old Rates
Guar Rate 1st Yr/
Guar Rate Yrs 2+ | Change
Guar Rate 1st Yr/
Guar Rate Yrs 2+ | Elektra-579 | | | | Five Year Guarantee | Temporarily Suspended | N/A | N/A | | | | | | | | |
SPIA Factor Changes | New Rate | Old Rate | 5 Year Period Certain | Temporarily Suspended | N/A | 6 Year Period Certain | Temporarily Suspended | N/A | 7 Year Period Certain | Temporarily Suspended | N/A | 8 Year Period Certain | Temporarily Suspended | N/A | 9 Year Period Certain | Temporarily Suspended | N/A | 10 Year Period Certain | Temporarily Suspended | N/A | | | | | | |
**Effective 7/1/2011 through 9/30/2011, the minimum non-forfeiture rate for Keystone policies will be 87 1/2% of premium at 1.00%. The Guaranteed Minimum Interest Rate is not impacted by this change (100% of premium at 1.50% for the Keystone-5, and 100% of premium at 2.00% for the Keystone-7 and Keystone-10.)
The minimum guaranteed rate for the 3rd Quarter of 2011 will remain at 1.00% for the Eleos & Apollo contracts.
*Rate lock does not apply to non-qualified business where Reliance Standard is not processing the transfer/exchange request.
For more information contact:
Reliance Standard Life Insurance Company
(800) 351-7500 Ext 3696
www.reliancestandard.com
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