BCA and BAA rate and bonus increase

Annexus announced the following changes on the BalanceChoice Annuity (BCA) and BalancedAllocation Annuity* (BAA) products effective August 12, 2013.

1. Increase in bonus for BCA:

  • BCA 12: 8% bonus
  • BCA 10 and 8: 6% bonus

2. Equity allocation percentage increases:

  • 2% on the BCA 8, 10S and 12
  • 5% on the BAA 12
  • 5% on the BAA 10 FL

For example: BCA 12

  • Option  A (Indexed/Declared): 55%/45% to 57%/43%
  • Option B  (Indexed/Declared): 45%/55% to 47%/53%
  • Option C (Indexed/Declared): 35%/65% to 37%/63%

To view the official announcement including disclosures, click here.

*As a reminder, the BalancedAllocation Annuity (BAA) is sunsetting in all states that have approved the BCA product. Click here for a complete list of these states.

 

FOR AGENT USE ONLY. NOT FOR USE WITH THE GENERAL PUBLIC.

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