Global Atlantic | Important update to FIA business submission
Global Atlantic to require electronic applications for fixed index annuities
Thanks to your support, this transition improved the experience for you and your clients.Today, we’re pleased to inform you that we’re taking the next step in our digital journey as we work to improve speed and ease of doing business for our firms, financial professionals, and clients.
Effective December 30, 2024, Global Atlantic will only accept electronic applications for our suite of fixed index annuity (FIA) products: ForeAccumulation II, ForeIncome II, and Income 150+ SE (inclusive of FIA advisory products). Note that we will continue to accept paper applications through March 31,2025, to support this transition with minimal business disruption.
Nearly 90% of FIA business is already being submitted electronically and we are committed to supporting our firm partners and financial professionals who are yet to make the transition:
- We will continue to support business your financial professionals submit through your firm’s order entry platform. (Paper applications for transactions not supported on an order entry platform will be allowed, just as we allow for SecureFore Fixed Annuity.)
- f you have financial professionals with clients who prefer to sign a paper application, they can simply fill out the eApplication, print it, and have the client sign. The financial professional can then upload and electronically submit it.
