North American MYGA Special
- By Chris Long
- April 3, 2020
North American is raising their guaranteed rates on the Guarantee Choice 3 and 7 starting on 4/7/2020.
- Guarantee Choice 3: Low Band - 1.80% / High Band - 2.25%
- Guarantee Choice 7: Low Band - 3.10% / High Band - 3.50%
Hurry and get the applications in, because this rate special may end at any time!
Feel free to email me for more details at email@example.com
7- and 10-year rates not available in California, Delaware, and Florida
New business guidelines and priority processing: Your health along with our employees is our top priority. Due to the recent circumstances surrounding COVID-19, submit all MYGA applications through Annuity e-App. While the special applies to all 3- and 7-year MYGA business, due to recent events, we are only accepting e-Apps on MYGAs at this time.
Rate special will apply to applications signed on or after April 7. For pending cases, your client will receive the more favorable rate during their rate hold period. If rate hold no longer applies, the client will receive the current interest rate at the time the contract is issued.