American National – California Reprice Effective 9/1 Signature Guaranteed Universal LifeBenkis Barrueta
Rates are generally increasing 3-5% for most categories. Despite this increase, competitive positioning should remain intact.
Signature Guaranteed Universal Life Offers:
GUARANTEED DEATH BENEFIT
Clients can determine the face amount and guarantee length between ages 95 to 121. The Death Benefit is guaranteed to the chosen age, assuming all premiums are paid as scheduled.
GUARANTEED CASH-OUT RIDER
During a 60-day period following the 15th, 20th, and 25th policy anniversaries, the rider allows for surrender of policy in exchange for a partial or full return of premiums paid.
|Application Date||Application Received &
|Client Will Receive|
|Before 9/1/21||&||Before 9/1/21||Pre 9/1/2021 Pricing|
|Before 9/1/21||&||On or After 9/1/21||Pre 9/1/2021 Pricing|
|On or After 9/1/21||&||On or After 9/1/21||Post 9/1/2021 Pricing|