Your most valuable resources are a click away!

Access our Marketer and Agent Resources Document below to quickly view rate sheets, E-App user guides, Agent Portal tips, and more.

Marketer & Agent Resources

MYGA Rates Increased Today!

As a reminder, new, increased MYGA rates took effect today, Monday, October 9th! 

Effective today, Monday, October 9th, Atlantic Coast Life Insurance Company’s (“Atlantic Coast Life”) Safe Haven Annuity’s and Safe Harbor Annuity’s 5-, 6-, 7-, 10-. and 20-year MYGA rates increased in all states.

These increased rates offer more competitive options for your clients. Help your clients take advantage of these rates which rank among the highest non-fee-based MYGA rates in our marketplace (according to Annuity Rate Watch)¹ now. 

Additionally, please note:   

• Effective Monday, October 9th, this new rate will be applied to all new and pending applications.    
• The new rates will not be applied to in-force annuity contracts. In-force annuity contracts will continue to receive their current rates.  
• Please reference the annuity rate sheet before speaking with clients about these rate adjustments.   
• Updated materials reflecting these changes will be available on the Agent Portal on Monday, October 9th. 

Click HERE for full rate details and to access the updated annuity rate sheet. As always, thank you for choosing Atlantic Coast Life!   

CD Renewals Offer an Opportunity this October

October is a popular month for CD renewals as many 6-month CDs that were purchased in April with tax refunds come up for renewal. As an alternative to CDs, Multi-Year Guaranteed Annuity’s (MYGA) can offer higher rates and our MYGA rates consistently rank among the top in the industry. 

Here are some key differences to keep in mind when considering MYGAs as an alternative to a CD:  

• MYGAs typically offer longer duration options (3-10 years), while CDs are known for their shorter duration options (3-6 months). 
• MYGAs offer tax-deferred growth until withdrawals begin. Interest earned through a CD is subject to annual taxes regardless of withdrawals.
• MYGAs are accessible through financial service companies, such as insurance company, and CDs are accessible through a bank, brokerage, or credit union.  

Recently, on September 18th, 2023, Atlantic Coast Life increased its Safe Haven Annuity and Safe Harbor Annuity 3-year MYGA rates in all states.

In addition to the competitive rates our MYGAs offer, they are also customizable, so clients only pay for the features they need. Plus, with short- and long-term durations available, MYGAs have the flexibility to meet short- and long-term needs. 

Your clients have options – help them learn about Atlantic Coast Life Insurance Company’s (“Atlantic Coast Life”) MYGAs, with these differentiating features of the Safe Haven Annuity and Safe Harbor Annuity.

• COMPETITIVE rates for both products! 
• Optional riders: Accumulated Interest Withdrawal, Preferred 10% Free Withdrawal (Safe Haven Annuity only) & Death Benefit Feature (both) 
• 3-, 5-, 6-, 7-, 10-, and 20-year durations 
• No premium bands  

See our full annuity rate sheet here.

Disclaimer: Neither Atlantic Coast Life Insurance Company nor its representatives offer legal or tax advice.

Performance You Can Count On

The Accumulation Protector Plus^SM Annuity (“APP”) gained a lot of attention when it was launched in 2020 with its innovative 10-year guarantees¹ and competitive index strategies. Since then, the APP has been a reliable fixed indexed annuity option, that has offered consistent participation and cap rates backed by our Rate Integrity philosophy. 

Now with its recent enhancements – a NEW 10% premium bonus, a NEW 10% cap rate for the S&P 500^® 1-year point-to-point strategy, and increased commissions, the redesigned APP annuity has doubled-down to offer Performance You Can Count On. 

A Consistent Rate History Backed by Rate Integrity  

Historically, APP annuity participation and cap rates have been set and maintained to the greatest extent possible over the product’s lifetime. See the chart below for the history of APP’s steady and reliable rates (with the selection of the Rate Enhancement Rider) that have been maintained through our commitment to Rate Integrity. 

APP Annuity Materials 

Learn more about the APP annuity’s leading features and benefits in the APP annuity product materials below. 

• APP Annuity Brochure
• APP Annuity Agent Quick Sheet
• Annuity Rate Sheet

 Current rates as of September 25th, 2023.

Medicare Supplement Rate Changes in Colorado

Rates will be adjusted in Colorado on October 15th, 2023. 

Premium rates are guaranteed for the first year a policy is in force. Letters to existing policyholders whose policies have been in force for more than one year will be mailed from our office and will explain that rate increases will take effect after the required notification period has been met. 

As a reminder, Atlantic Coast Life Insurance Company has made the decision to stop selling Medicare Supplement insurance plans as of February 15th, 2023. While this change does impact agents currently appointed, there is absolutely no impact on existing business. Atlantic Coast Life continues to service all existing policies and strives to provide the highest level of customer service for policyholders and agents.