Aviva Annouces Changes to Annuity Products Effective Jan. 6, 2012

In order to be competitive and maintain their financial strength, Aviva announced that changes will be made to the MultiChoice Lifetime Solutions Annuity and the MultiChoice Series products effective January 6, 2012.

The MultiChoice Lifetime Solutions Annuity will have a reduction in the roll-up rate by .50% on both premium bands. The MultiChoice Series LifetimePay Plus Rider roll-up rate will be reduced by .50% on both premium bands and the initial accumulation period will be adjusted from 10 to 11 years on the LifetimePay Plus Rider.

These changes will be applied to applications received after January 6, 2012. To receive the higher rates, all applications must be submitted to Aviva through the close of business on that day. Aviva will not be accepting accepting faxed business and all applications must be in good order!

Please click here to read the full article from Aviva.

Please contact the marketing department at First Annuity at (888) 758-7305 with any questions.