Global Atlantic | Our rates are changing effective December 4, 2023

Global Atlantic | Our rates are changing effective December 4, 2023

Global Atlantic | Our rates are changing effective December 4, 2023
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North American | Effective Dec. 12 Increases on most competitive annuities

North American | Effective Dec. 12 Increases on most competitive annuities

North American | Effective Dec. 12 Increases on most competitive annuities
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New increased rates effective Dec. 12

Level lifetime payment percentages (LPPs) increase on fixed index annuities.

  • NAC BenefitSolutions® 10
    (Immediate LPPs up +30 basis points, then grows 2.50% faster per year.)
  • Income Pay ProSM
    (Up 80 basis points)

Interest rates are also increasing on Dec. 12

Watch your email for details next week

Rates are subject to change at any time.

NEW BUSINESS GUIDELINES
The changes above will apply to applications received or submitted through Annuity e-Biz on or after Dec. 12.

For more information, contact a Pinnacle Financial Services representative today

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

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support@pfsinsurance.com

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The Standard | Annuity Rate Increase December 1, 2023

The Standard | Annuity Rate Increase December 1, 2023

The Standard | Annuity Rate Increase December 1, 2023
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Rates Increasing:

  • Focused Growth Annuity crediting rates (All series)
    • +0.20% on FGA 3
    • +0.20% on FGA 5
    • +0.15% on FGA 7
  • Multi-Choice Annuity crediting rates (All series)
    • +0.20% on MCA 3 – All withdrawal options
    • +0.20% on MCA 5 – All withdrawal options
    • +0.15% on MCA 7 – All withdrawal options
  • Total Choice Annuity crediting rates*
    • +0.20% on TCA 3 and TCA 3 with Principal Guarantee
    • +0.20% on TCA 5 and TCA 5 with Principal Guarantee
    • +0.15% on TCA 7 and TCA 7 with Principal Guarantee
  • Index Select Annuity (All series)
    • ISA 5
      • +3% on participation rates
      • +0.50 on fixed interest crediting
    • ISA 7
      • +3% on participation rates
      • +0.50 on fixed interest crediting
    • ISA 10
      • +2% on participation rates
      • +0.50 on fixed interest crediting
  • Higher Standard Index Annuity*
    • HSIA 6
      • +3% on participation rates
      • +0.50% on fixed interest crediting
    • HSIA 8
      • +3% on participation rates
      • +0.50% fixed interest crediting
    • HSIA 10
      • +2% on participation rates
      • +0.50% on fixed interest creditin
  • Enhanced Choice Index Plus
    • ECI Plus 5​
      • +0.50% on cap rates and enhanced cap rates
      • +0.50% on fixed interest crediting
    • ECI Plus 7
      • +0.50% on cap rates and enhanced cap rates
      • +0.50% on fixed interest crediting
    • ECI Plus 10
      • +0.50% on cap rates and enhanced cap rates
      • +0.50% on fixed interest crediting
  • Enhanced Choice Index
    • ECI 5
      • +0.50% on fixed interest crediting
    • ECI 7
      • +0.50% on fixed interest crediting
    • ECI 10
      • +0.50% on fixed interest crediting
  • Enhanced Choice Index Select*
    • ECI Select 5
      • +0.50% on cap rates and enhanced cap rates
      • +0.50% on fixed interest crediting
    • ECI Select 10
      • +0.50% on cap rates and enhanced cap rates
      • +0.50% on fixed interest crediting

*Available through select distribution only.

To view your distributor rate sheets:

  1. Start at standard.com/annuities.
  2. Select your distributor in the drop-down menu or select “not affiliated with a distributor or distributor not listed.”
  3. On the right-side Resources box, select Rate Preview.

Reminder: We’re reinstating our traditional 45-day rate lock, effective Dec. 1, 2023.
We’ll lock an interest crediting rate, cap rate or participation rate for 45 calendar days from the day we receive the original application, if we receive paperwork within the timelines below.

If we receive the expected premium within the 45-day period, your client receives either the locked-in rate or the current rate on the day we receive the premium ─ whichever is higher. We don’t provide a rate lock for minimum guaranteed rates or fixed interest crediting rates on index annuities.

  • If rates are increasing: Sign and date the application and all required supplemental forms on or after the rate increase effective date.
  • If rates are decreasing: Sign and date the application and all required supplemental forms before the rate decrease effective date. We’ll also need to receive your documents in our home office within four business days of the rate change effective date.

For clients to receive the new annuity rates: Funds for new applications or pending applications will need to be received in our home office on or after December 1, 2023.

If we receive funds before December 1, 2023, your clients will receive our current annuity rates.

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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Corebridege Financial | New instant decision – same Select-a-Term

Corebridege Financial | New instant decision – same Select-a-Term

Corebridege Financial | New instant decision – same Select-a-Term
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New SimpliNow Choice platform
your ticket to all UW paths!

iPipeline iGO and LifePipe users have access to instant decision!

Delivering instant decision on our new iPipeline SimpliNow Choice platform with the existing, fully featured Term product. Plus, in the same session, you can choose which underwriting (UW) path best meets your client’s needs:*

  1. NEW client completion Part B (instant decision)
  2. NEW agent completion Part B
  3. Tele-interview
  4. Paramed

The client submission path is good for those clients who you believe would be comfortable filing out the online forms independently and are motivated to complete the application. It also makes the exam much shorter even if they do not stay lab-free.

Choose Select-a-Term (New Submission Platform), and if your client is a good fit for our instant decision path, select “Agent Drop Ticket + Client Collaboration” for the client completion application. If approved as applied for, the policy will be conditionally issued.

Boosting client satisfaction with instant decision!

Find out more

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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Florida Blue | Have you Heard the News about our Hearing Aid Benefit?

Florida Blue | Have you Heard the News about our Hearing Aid Benefit?

Florida Blue | Have you Heard the News about our Hearing Aid Benefit?
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Have you heard the news about our Hearing Aid benefit?

In 2024, we’re transitioning from hearing aid allowances to a more transparent copay structure across most of our plans, enhancing the member experience and providing more clarity on out-of-pocket expenses.

Here’s what members can look forward to:

Additional Information

Anticipate Out-of-Pocket Expenses:

With fixed copay rates as low as $350, members can now plan and anticipate their out-of-pocket expenses more effectively.

New Options for Hearing Tests and Fittings:

Members will have convenient options, including online hearing tests and mobile units that can perform tests at home. Hearing aids will be delivered by mail (location-dependent).

Enhanced Benefits Include:

  • Up to 2 hearing aids per year
  • 3 follow-up visits within the first year of the initial fitting date
  • 60-day trial period
  • 60 batteries per year per hearing aid (per 3 years)
  • 3-year manufacturer repair warranty
  • 1-time replacement coverage for lost or damaged hearing aids
  • First set of ear molds (when needed)

Special Considerations

  • All D-SNP plans and the Premier plan in Lake, Marion, Sumter H1035-043 will continue to offer a hearing aid allowance for 2024.
  • BlueMedicare Preferred HMO Blue Dollars Card: These members can use the new Dental, Hearing, and Vision Blue Dollars card to cover the Hearing Aid copay, providing added financial flexibility.

Hearing Aid benefits are accessible through Nations, 866-311-3617. More information can be found here: Hearing Aid benefits

Extra Resources

Need easy access to benefits on the go? Scan this QR Code and enter the login credentials indicated below to gain access to our 2024 First Look Benefits. Access a Broker Manager by clicking the”Product Portfolio” link. Here you can find each Broker Manager’s email and direct cell phone number. You can also click the map of any county, it will take you to the SOB for all the plans available within that county.

Helpful Phone Numbers and Links

Below is a list of helpful links and phone numbers for our Florida Blue value added benefit vendors.

Service Vendor Phone Number
At Home Care Papa 888-941-393
Blue Rewards Florida Blue 833-509-1546
Caregiver Support Carallel 855-955-3010
Dental Florida Blue 888-223-4892
Drug Lookup Prime 877-794-3574
Drug Lookup (FHCP) FHCP 386-676-7110
DSNP Eligibility Florida Blue 866-780-4240
Fitness Silver Sneakers 888-423-4632
Fitness (FHCP) Preferred Fitness 386-676-7110
Food Card Nations 833-509-1546
Hearing Aids Nations 866-311-3617
Meals ILS Meals 888-941-3933
Members Services Florida Blue 800-926-6565
Nutrition Florida Blue 800-955-5692
OTC Nations 877-270-4569
Transportation Modivcare 855-875-5194
Vision Premier 866-434-0015

Need Help?

Reach out to your Broker Manager today.

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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