Galic New

I don't understand why they would take their no bonus product, increase it from 7 to 10 years, but then lower the caps.

Are you saying it is basically the same as the Legend 3?
I thought S&P P2P cap on the 3 is currently 5%? Or is it 5.5%?

I dont understand the need for a new product. Just add an indexing option and new rider to the current lineup. Much easier imo. Of course then they cant go through the whole fan fare of a "new product" I guess... but AE recently added a new Index and really hyped it up... and I like it too!

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2 year crediting terms scare the **** outa me...

No reason for them to. Some of the best performing contracts I have n th books are 2 year crediting terms.
 
Wanted to bump this thread.

Great American increased the par rate to 50% on the annual point to point for amounts over 150k.
 

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