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.
**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.