Corebridge offers Advanced Premium Deposit on 10-, 15-30, 35-year term

Advanced Premium Deposit is available only for the level premium period.

California only: California Insurance Code, Section 10540, further limits Advanced Premium Deposits to ten (10) years.

The current interest rate for new advanced deposits is 2.00%*. The interest rate is subject to change at the sole discretion of the insurer until the funds established an advanced deposit are received. The rate is fixed for the life of each contract and the imputed interest, as earned, is considered taxable, and a form 1099 interest income will be issued annually to the policyowner.

Advanced Premium Deposits will not affect commissions. Renewal commissions will be paid as subsequent annual premiums are applied.

For new business, indicate request for Advanced Premium Deposits in application remarks, new business transmittal, or in a cover letter with new application submission.