AIG GUL Rate Increase Coming

Posted by Justin Jurs in News | 0 comments

We hope your 2018 is off to a great start! We want to let you know of an important update to our Secure Lifetime GUL 3 (GUL 3) product.

Starting April 14, 2018, the price of GUL 3 will be increasing an average of 3 to 4%. Adjustments to the target premiums will also be made. While we strive to hold the prices of all of our products steady, the long-standing low interest rate environment continues to put pressure on our industry. To ensure we stay laser-focused on our commitment – to deliver higher value to both you and our clients – a rate change is necessary.

We understand you may be in discussions with a client that includes GUL 3, so we wanted to give you a chance to secure the current price before it goes up. To receive current rates, applications must be received on or before April 13th.

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