AIG to Launch Updated Flagship Max Accumulator+ III…
From AIG: On July 25, 2022, we are launching a new version of our flagship accumulation IUL - Max Accumulator+ III. It replaces Max Accumulator+ II with new competitive rates and a New Proprietary index option: Franklin Quality Dividend Index (FQD) - creating more options that make our accumulation IUL more attractive and competitive.
Product Upgrades:
Improved target premiums and product performance.
New proprietary index option – Franklin Quality Dividend Index (FQD)
Updated interest crediting rates and cap/par rates.
With Agile Underwriting+, most cases are approved in as fast as 5 days.
This streamlined underwriting process is available for applicants age 59 and under, and applying for $2M or less in coverage.
Montana rates will be changed from unisex to sex distinct.
State Availability: All states, except CA and NY.
Contact your Broker Advantage Case Manager for more details and full Transition Guidelines.