How does the income rider work?
How does the income rider work?
- Designed to give income for your lifetime once it is activated.
- Income payments can be stopped and restarted once it is activated.
- Income rider can be removed but cannot be added again and you will be charged the rider fee for the contract year you are in.
Other Helpful Income Navigator FAQ'S
When can I reallocate funds?
- Forms are sent out 90 days before your anniversary.
- Fill out the form and return it to us 30 days before your policy anniversary.
What accounts should I allocate into?
We are not able to advise you. You will need to speak with an agent or financial advisor.
Do I have any penalty free funds available for withdrawal?
- If you have any funds in the fixed account in the first contract year penalty free funds will be available for withdrawal.
- After the first year you have up to 10% or your RMD available penalty free.
How is my bonus vested?
Your entire bonus is not vested until the end of the 10 year contract period.
What is the death benefit?
The death benefit is the same as the vested value as of the date of death.
What is the amount of income I can get?
You will need to call us to get the amount of income available to you.
What is the roll up rate?
Your roll up rate is contract specific. Please call us for your information or it is available in your policy.
What tax forms do you send out?
1099-I and 1099-R tax forms are sent out by January 31st and will include important tax information about any withdrawals you have taken in the previous tax year.
5498 tax forms are informational only and are sent out by May 31st each year only on tax qualified IRA’s.
ATLANTIC COAST LIFE INSURANCE COMPANY IS A MEMBER OF THE A-CAP FAMILY
Contact Us
- HOME OFFICE
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Sales & Marketing :
1565 SAM RITTENBERG BLVD., SUITE102
Charleston, SC 29407 - FOR APPLICATIONS AND PAYMENTS
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Annuities:
PO Box 64463, St Paul, MN 55164-0463 -
Life & Health:
PO Box 64464, St Paul, MN 55164-0464 -
Preneed General Correspondence:
P.O. Box 96, Minneapolis, MN 55440 -
Preneed Payments:
P.O. Box 9485, Minneapolis, MN 55440 -
Preneed New Business:
P.O. Box 19, Minneapolis, MN 55440 - PHONE: 1-844-442-3847
- PRENEED PHONE: 877-ONE-RING (877-663-7464)
- HOME SERVICE POLICIES: 1-888-805-8680
- ANNUITIES NEW BUSINESS FAX: 888-433-4795
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- ANNUITIES & MED SUPP POLICY SERVICE EMAIL: policyservice@insadminservices.com
- PRENEED FAX: 952-556-8432
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HOME SERVICE & PRENEED POLICY SERVICE:
preneedpolicyservice@aclcares.com -
PRENEED CLAIMS:
claims@aclcares.com -
PRENEED NEW BUSINESS:
preneednewbusiness@aclcares.com
Preneed
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
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HOME SERVICE AND PRENEED POLICY SERVICE EMAIL:
acl.policyservice@insadminservices.com