Symetra UL-G and Survivorship UL-G Product Changes

News Image 11-07-2016

October 31, 2016

Symetra remains committed to the Guaranteed Universal Life space and their competitive
position within it.

Along with their commitment to offering competitively priced products, we are equally
committed to providing you and your clients with products that are sustainable.

As a result of the historically low interest rate environment, Symetra will be instituting the
following product changes:

UL-G

*The annual premium amount, including lump sum deposits and 1035 exchanges,
will be limited to 5 times the target premium.

Survivorship UL-G

*The annual premium amount, including lump sum deposits and 1035 exchanges, will be limited to 5 times the target premium.

*The maximum policy face amount will be capped at $15 million.


Important Transition Rules.

November 14, 2016—Symetra UL-G and Survivorship UL-G


*Date by which all formal Symetra UL-G and Survivorship UL-G applications must be received in good order (fully completed, signed and dated application) at the Symetra Home Office.

*Symetra Life Illustrator and Winflex illustration systems will be updated to reflect
these changes.

*After this date formal Symetra UL-G and Survivorship UL-G applications exceeding the limitations above will not be accepted.

If you have any questions, please contact your brokerage sales manager.

AgentSuite

Contact

BUA Sales
Phone: 800-792-6795