Maximum Guaranteed Variable Loan Rates Drop

We are happy to announce that the maximum guaranteed variable loan rates on both the FG Life-Elite and FG Life-Choice products are dropping! The FG Life Elite will be dropping from 5% to 4.5% and the FG Life-Choice will be dropping from 6.5% to 5%.

The transition rules are as follows; Any FG Life-Elite or FG Life-Choice policy issued on or after 07/01/2014 regardless of the policy effective date will receive the new maximum guaranteed variable loan rate. Any FG Life-Elite or FG Life-Choice policy issued prior to 07/01/2014 regardless of the policy effective date will have the old maximum guaranteed variable loan rate.

Attached to this email are:

– Product change announcement, plus fillable form

– 10% commission increase on the FG Life-Elite PDF (Please note that this flier has the VLR at 5% it is now 4.5%)

This message will be sent out to the field tomorrow, but we wanted to make sure you were notified first. We think you will agree that this product change along with our 10% commission increase on all contract levels on the FG Life-Elite make our IUL’s two of the best in the industry today. Please contact us with any questions, and thank you for your loyalty to FGL.

Variable Loan Decrease PDF, Variable Loan Decrease FILLABLE PDF