GUARANTEED INCOME ANNUITY
Grow your retirement wealth and protect against future risk with the Guaranteed Income Annuity. This innovative annuity was created to be flexible and cater to differing retirement goals. Optional riders supply a steady stream of income throughout a lifetime, the endowment of invested assets and a secure inheritance to beneficiaries, or the option to combine both benefits for those uncertain of their intentions at retirement. This income driven annuity provides three riders that differ in function to execute the intended retirement strategy to meet the investor’s unique needs.
- Secure Retirement with Minimal Risk
- Guaranteed income for life
- Additional premium contribution in the first year
- Premium bonus up to 10%
- 10 Year Contract
- Generous issue ages
LIBOR:
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.
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
Guaranteed Income Annuity Rates
Effective 6/08/2020
| 10 Year Contract | ||||||||
|---|---|---|---|---|---|---|---|---|
| Premium Bonus |
|
|||||||
| 1st Year Rate | 1.00% (with subsequent purchase premium) | |||||||
| Current Rate Guarantee | 2 Yrs | |||||||
| Index/Benchmark | LIBOR | |||||||
| Participation Rate | 65% | |||||||
| Optional Riders and Cost |
|
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Interest rates are subject to change without notice. Quoted rates may vary due to state regulations and taxes. Products, features, and riders may not be available in all jurisdictions. Refer to the policy for all terms and conditions. All Guarantees are based on the claims-paying ability of Atlantic Coast Life Insurance Company.
***Credits to the Income Account only
Guaranteed Income Annuity Rates
Effective 06/08/2020
| 10 Year Contract | ||
|---|---|---|
| Premium Bonus | GLWB Rider: | 8.00% |
| Legacy Rider: | 10.00% for issue ages under 71 5.00% for issue ages 71-80 3.00% for issue ages 81-85 | |
| Accum Rider: | 10.00% for issue ages under 71 8.00% for issue ages 71-80 6.00% for issue ages 81-85 |
| 1st Year Rate | 1.00% (with subsequent purchase premium) | |
| Current Rate Guarantee | 2 Yrs | |
| Index/Benchmark | LIBOR | |
| Participation Rate | 65% | |
| Optional Riders and Cost | GLWB: | 1.25% fee years 1-5, 1.60% fee years 6-10 (10 year contract) |
| Legacy Benefit Rider: | 1.25% years 1-5 1.60% fee years 6-10 (10 year contract) | |
| Accumulation Rider: | No fee |
*Death Benefit Feature is required in Florida and is priced into Florida rates. All Florida contracts are issued with the Death Benefit Feature. Owner’s issue age 86-90 for the five, six, seven, and ten year guarantee period and owner’s issue age 70-75 for the twenty year guarantee period are required to purchase Death Benefit Feature. Special introductory cap in the state of Florida. Interest rates are subject to change without notice. Quoted rates may vary due to state regulations and taxes. Not all annuities and optional riders are available in all states.
ATLANTIC COAST LIFE INSURANCE COMPANY IS A MEMBER OF THE A-CAP FAMILY
Atlantic Coast Life Insurance
Company is a premier provider of life insurance and
annuity products for families throughout the nation.
Contact Us
- HOME OFFICE
-
Sales & Marketing :
1565 SAM RITTENBERG BLVD., SUITE102
Charleston, SC 29407 -
Administrative Office:
1565 SAM RITTENBERG BLVD., SUITE 200
Charleston, SC 29407 - FOR APPLICATIONS AND PAYMENTS
-
Annuities & Medicare Supplement:
P.O. Box 27248, Salt Lake City, UT 84127-0248 -
Life & Preneed:
P.O. Box 20010, Charleston, SC 29413 - PHONE: 1-844-442-3847
- PRENEED PHONE: 877-ONE-RING (877-663-7464)
- ANNUITIES NEW BUSINESS FAX: 888-433-4795
- ANNUITIES & MED SUPP POLICY SERVICE FAX: 801-484-2459
- ANNUITIES & MED SUPP POLICY SERVICE EMAIL: policyservice@insadminservices.com
- PRENEED NEW BUSINESS FAX: 843-300-4007
- PRENEED POLICY SERVICES FAX: 843-300-4009
-
HOME SERVICE AND PRENEED POLICY SERVICE EMAIL:
acl.policyservice@insadminservices.com
Preneed
Atlantic Coast Life Insurance
Company is a premier provider of life insurance and
annuity products for families throughout the nation.
Contact Us
- HOME OFFICE
-
Sales & Marketing :
1565 SAM RITTENBERG BLVD., SUITE102
Charleston, SC 29407 -
Administrative Office:
1565 SAM RITTENBERG BLVD., SUITE 200
Charleston, SC 29407 - FOR APPLICATIONS AND PAYMENTS
-
Annuities:
P.O. Box 27248, Salt Lake City, UT 84127-0248 -
Life & Preneed:
P.O. Box 20010, Charleston, SC 29413 - PHONE: 1-844-442-3847
- PRENEED PHONE: 877-ONE-RING (877-663-7464)
- ANNUITIES NEW BUSINESS FAX: 888-433-4795
- ANNUITIES POLICY SERVICE FAX: 801-484-2459
- ANNUITIES POLICY SERVICE EMAIL: policyservice@insadminservices.com
- PRENEED NEW BUSINESS FAX: 843-300-4007
- PRENEED POLICY SERVICES FAX: 843-300-4009
-
HOME SERVICE AND PRENEED POLICY SERVICE EMAIL:
acl.policyservice@insadminservices.com
Preneed
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