As a reminder, increased 3-year MYGA rates for Atlantic Coast Life Insurance Company’s (“Atlantic Coast Life”) Safe Haven Annuity and Safe Harbor Annuity are taking effect on Monday, September 18th, 2023. 

On Monday, the new 3-year effective compound level rate in most states will be 5.61% for the Safe Harbor Annuity and 5.60% in most states for the Safe Haven Annuity. These rates will be among the highest non-fee based 3-year MYGA rates offered by carriers rated B++ or higher in our marketplace, according to Annuity Rate Watch!¹   

For a full list of rates, click here for the Annuity Rate Sheet effective 9/18/2023

Additionally, please note the following: 

• Effective Monday, September 18th, this new rate will be applied to all new and pending applications.    
• The new rates will not be applied to in-force policies. In-force policies will continue to receive their current rates.  
• Please reference the annuity rate sheet above before speaking with clients about these rate adjustments.   
• Updated materials reflecting these changes will be available on the Agent Portal on Monday, September 18th.