AIG to Increase Cap Rates & Max Illustrated Rates on IUL Products

From AIG:

Supporting your business is a priority for us. That's why we continuously find ways to make our products stronger despite volatile market conditions.

Effective April 16, 2022, we are increasing cap rates and max illustrated rates of select index accounts on currently marketed Max Accumulator+ II and Value+ Protector II IUL. These positive changes aim to help you grow your business and add more value to your clients so they can look to the future with confidence.

Applicable Products

Max Accumulator+ II (AGL only)

• ML Strategic Balance Index: New Illustrated Rate = 6.48% (+0.24%)

• PIMCO Global Index: New Illustrated Rate = 6.48% (+0.24%)

• S&P 500 High Bonus Rate Index: New Illustrated Rate = 5.14%

• S&P 500 High Cap Rate Index: New Illustrated Rate = 6.48% (+0.24%)

Value+ Protector II (AGL only)

• ML Strategic Balanced Index: New Illustrated Rate = 5.35% (+0.28%)

• PIMCO Global Index: New Illustrated Rate = 5.35% (+0.28%)

• S&P 500 Participation Rate Index: New Illustrated Rates = 5.31% (+0.24%)

• S&P 500 Cap Rate Index: New Illustrated Rate = 5.35% (+0.28%)

Does not include USL products or Protection Extend IUL