View this e-mail online. |
|
|
Important Notice
Rollup Rate Change Effective June 1, 2013
ATHENE Choice Series Income Riders (GLWB and Enhanced GLWB)
Current Rollup Rate: 6.50%
Effective 6/1/13: 6.00%
ATHENE Benefit 10sm Enhanced Benefit Rider
Current Rollup Rate: 8.00%
Effective 6/1/13: 7.50%
Hurry ... on June 1 we're reducing the rollup percentage on our ATHENE Choice Series Income riders and ATHENE Benefit 10 Enhanced Benefit Rider by 50 basis points in response to today's persistently low interest rate environment. Take action today to secure our current rates for your clients! Visit our Sales Resource Center now for product info and availability.
Current interest rates dictate the reserves insurance companies must maintain for future obligations they expect to pay to customers, including withdrawal benefits. Reserve requirements for 2013 are determined by rates in the corporate bond market for the 12-month period ending this June. Rates have declined to date and we do not expect significant improvement for the remainder of the period. Conservatively managing this risk protects our business and is a clear signal of our long-term commitment to our customers.
Remember, this rollup rate reduction takes effect June 1. To receive the current rate, complete application packages must be signed and dated 5/31/12 or earlier and received in good order in our service center by June 7, 2013.
Applications may be submitted by overnight mail to the following address:
Athene Annuity & Life Assurance Company
6425 Powers Ferry Road, Suite 300
Atlanta, GA 30339 | | For more information on our income riders and annuities, please contact out
Sales Desk at 855-4-ATHENE | | The GLWB and EGLWB riders are optional benefits that can be included with the ATHENE Choice Series of fixed index annuities. The Enhanced Benefit Rider is included with the ATHENE Benefit 10 fixed index annuity and must be purchased with the base product. Riders cannot be purchased alone or after an annuity has been issued. Products/features may not be available in all states. These annuities contain exclusions, limitations and charges. See contracts for complete details. | | FOR PRODUCER USE ONLY. NOT TO BE USED WITH THE OFFER OR SALE OF ANNUITIES. |
|
|
|
This e-mail was sent to: JESSE@SCHAEFERFINANCIALGROUP.COM
This e-mail was sent by: Athene Annuity & Life Assurance Company
2000 Wade Hampton Blvd.
Greenville, SC, 29615, USA
Manage Subscriptions to tell us what types of emails you'd like to receive.
Update Profile to let us know your product preferences or unsubscribe from ALL Athene Annuity e-mail lists.
