For a limited time, Fidelity & Guaranty Life is increasing the initial interest rate for the FG Guarantee-Platinum® 5, a single premium fixed deferred annuity. This is for new contracts issued on or after November 30, 2015. This rate is subject to change at our sole discretion at any time. This initial 3 percent rate is guaranteed for the first 5 contract years only, and is thereafter subject to change. Minimum premium of $20,000 required.
FG Guarantee-Platinum® 5 offers:
- Free withdrawals of all accumulated interest.
- 30-day-surrender, charge-free window after each 5-year-rate guarantee period.
This limited-time product offering will not be around for long! To learn more about how this product can positively affect your clients, contact your CreativeOne sales team for more information at 800.992.2642.
*The intitial interest rate is effective for new annuities with a minimum premium deposit of $20,000 issues on or after November 30, 2015 for the first five contract years only. Thereafter, the company may declare at its sole discretion a new rate which could be lower. This initial rate is also subject to change for new contracts at our sole discretion at ANY TIME. Surrender charges and market value adjustments apply to withdrawals in excess of the accrued interest during the “guarantee periods” which are five yeras. There is a 30-day window at the end of each five year guarantee period where you may withdraw all of part of your annuity value without applicaion of surrender charges or market value adjustment. A new guarantee period and surrender charge period will begin after the end of the previous ones. The surrender charge is 9 percent in the first year and declines by 1 percent each year for the next four years and repeats for each successive period. Annuities are long-term savings vehicles that are subject to limitations and conditions, state availability and certain suitability requirements. Please see the applicable product brochure that is availabe from your licensed insurance professional for details.
Annuity contracts issued by Fidelity & Guaranty Life Insurance Company, Des Moines, IA. www.fglife.com. No bank guarantee. Not FDIC/NCUA/NCUSIF insured. May lose value if surrendered early. Subject to state availability.
CP-0654 – 2015/11/12