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Global Atlantic | Adjustments to Choice Accumulation Commissions

June 19, 2020

Commissions are Increasing on Select 10-year brands

Effective June 22, 2020, we are making adjustments to the commission schedules for Choice Accumulation II fixed index annuity.

Global Atlantic

Increasing commissions for the 10-year duration: we are increasing commissions in the bands highlighted below.

Choice Accumulation II 10-yr Age Commission Rate at Issue¹ Annual Trail²
Option A 0-80 7.00% No Annual Trail
81-85 4.00%
Option B 0-80 4.50% 0.40%
81-85 2.25% 0.40%
Option C 0-80 2.00% 0.75%
81-85 1.50% 0.75%

No commission changes for the 7-year duration.

Choice Accumulation II 7-yr Age Commission Rate at Issue¹ Annual Trail²
Option A 0-80 5.00% No Annual Trail
81-85 2.75%
Option B 0-80 3.00% 0.40%
81-85 1.75% 0.40%
Option C 0-80 1.50% 0.75%
81-85 1.00% 0.75%

Lowering Commission in the 5-year duration: there is a decrease to the band highlighted below.

Choice Accumulation II 10-yr Age Commission Rate at Issue¹ Annual Trail²
Option A 0-80 4.00% No Annual Trail
81-85 1.75%
Option B 0-80 2.50% 0.40%
81-85 1.50% 0.40%
Option C 0-80 1.00% 0.75%
81-85 0.75% 0.75%

Please check with your IMO for the full Choice Accumulation commission grid, dated June 22, 2020.

If you have any questions, please contact your IMO or visit globalatlantic.com.

¹ Commissions are expressed as a percentage of the initial premium or deposit and are paid based on the issue age of the Oldest Owner.

² Commissions are calculated as a percent of Contract Value in force for policies in the 13th contract month or later and are paid quarterly. For eligible contracts, the trail commission is calculated as a percentage, equal to ¼ of the applicable percentage from the table above, of the total Contract Value. Trail commission payments will not be paid unless the contract is in force as of the trail payment date.

For more information, contact a Pinnacle Financial Services representative today

1 (800) 772-6881 x7731 | sales@pfsinsurance.com

Contact a Pinnacle Representative if you have any questions.

1 (800) 772-6881
support@pfsinsurance.com

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