F&G Has 3.0% for Platinum Series, Who Has 3.1%?

[jn8691mr]

This is Royal Neighbors. 3.10% on a 5 year MYGA with a TEN year surrender charge. Their regular 5 year product is 3.00% going to 2.00% 1/1/16.

The length of the surrender charges are irrelevant in most cases because after the 5th yr there is a 30 day window where they can withdraw the funds or roll to another MYGA penalty free.

 

[Justin Bilyj]

Just following up to see if you would recommend the rate cards mailing. Any bites?

Only doing one mailer won't work, and don't send it out after November lol

 

[scagnt83]

Only doing one mailer won't work, and don't send it out after November lol

Ditto. I would say dont do mail drops after October based on my experience. Wait until the end of January. March-April historically have the most CDs come due for people. So Feb-May is one of the best times of year to do a MYGA mail drop.

 

[Freddie]

Will 3.1% or 3.0% pull? Do E&O carriers cover fraternal groups like Royal? The best I have seen fixed is Bankers which was at 3.0% and is now 2.9%. Thanks.

 

[pcbinsurance]

Better offerings are on the horizon. Watch your emails!