Interest rates for the Guaranteed Income Annuity are based off the London Interbank Offered Rate (LIBOR). The LIBOR is a reliable benchmark rate used throughout the world. LIBOR is widely used in the United States and with many of the world’s leading banks as a reference to what should be charged for lending money to one another. This annuity is benchmarked against the LIBOR, as general interest rates increase, so does the LIBOR and vice versa. Thanks to LIBOR, Atlantic Coast Life can offer clients potential to earn a rewarding return in a rising rate environment. Find out more about LIBOR.
|10 Year Contract|
ATLANTIC COAST LIFE INSURANCE COMPANY IS A MEMBER OF THE A-CAP FAMILY