Tuesday, October 31, 2017

Atlantic Coast Life Weekly Product Updates 10/30/2017 - Rate Increase

 

 

 

 

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October 30, 2017

 

 

 

THIS WEEK AT

Atlantic Coast Life

Insurance Company 

 

- Safe Harbor & Safe Haven Rate Increase - Effective 11/01/2017

- A.M. Best Upgrades Rating to B++ (Good)

- Safe Anchor Market Guarantee Annuity Tip

 

 

GENERAL INFORMATION

 

 

Safe Harbor and Safe Haven Rate Increase - Effective November 1, 2017

 

We are excited to announce that our Safe Harbor and Safe Haven crediting rates for all guarantee periods will increase by 10 bps effective November 1, 2017! To view our updated rates, please download a copy of the current Rate Sheet from our website or by following the link below. 

 

Annuity Rate Sheet - Effective 11/01/2017

These new rates will be applied to all contracts issued on or after 11/01/2017 regardless of the date the application was received.

 

A.M. Best Upgrades Rating - B++ (Good)

 

On October 3, 2017, A.M. Best upgraded the Financial Strength Rating from B+ (Good) to B++ (Good) with a Stable Outlook for Atlantic Coast Life. 

 

"The rating upgrades of ACLI recognize the improved balance sheet and operating profile trends over the past several years, as well as the enhanced financial flexibility, operating synergies and management expertise derived as part of its affiliation with the A-CAP group. The ratings recognize improved capitalization, significant distribution expansion and premium growth in core business lines, as well as additional capital support in the near term from A-CAP to support anticipated strong business growth." (A.M. Best press release, Oct. 3, 2017.)

 

This is great news for our agents and policyholders and reflects the reliable financial stability of our company! 

 

Safe Anchor Market Guarantee Annuity

 

Did you know that our Safe Anchor Market Guarantee Annuity allows your client to enjoy the flexibility of our optional withdrawal riders as well as the ability to choose the best investment strategy for their needs? Check out our marketing materials linked below or on our Agent Portal for more information.

 

Safe Anchor Brochure

Safe Anchor Quick Sheet

 

 

 

 


Atlantic Coast Life Insurance Company

"A Beacon of Integrity Since 1925"

Atlantic Coast Life Insurance Company is a premier provider of life insurance, pre-need and fixed annuity products for families.