08-14-2009
Changes to the Allstate Treasury-Linked Annuity Participation Rate
Effective September 3, 2009, LBL will be changing the participation rate for inforce Allstate Treasury-Linked Annuity (T-Link) contracts renewing into a new 5-year guarantee period. We expect that renewal participation rates at that time will range from 25 to 50%; however, future renewal sub-account participation rates may range anywhere from 0% to 100%. Once the treasury participation rate has been set for a sub-account guarantee period, it will continue to remain the same throughout that guarantee period.
Please keep in mind that Allstate Treasury-Linked Annuity II also has a participation rate that can change upon renewal and may also range anywhere from 0% to 100%.
Customer Notification
Customers renewal notices will include their renewal participation rate as well as their renewal base rate. For T-Link II customers, the renewal participation rate and renewal base rate will be included on their anniversary statements.
For complete details please call Rob or Jim
Rob Hansbarger or Jim LaFleur
Phone: (330) 576-1100 or (800) 792-6795
Fax: (330) 576-1111
annuity@buaweb.com