THE ACCUMULATION PROTECTOR PLUSSM ANNUITY
Accumulation Protector PlusSM Annuity Rates
Effective 10/30/2024
| Premium Bonus | |||
| Base Contract | 5% | ||
| With Rate Enhancement Rider | 5% | ||
| Interest Rate Guarantees | |||
| No Rider | Rate Enhancement Rider | ||
| 1st Year Fixed Rate | 3.00% | 3.95% | |
| Current Rate Guarantee | 1 Year | 1 Year | |
| Other Guarantees | ****The Participation Rates for the Momentum Index One-year point-to-point and Two-year point-to-point crediting strategies are guaranteed for 10 years from the annuity issue date, provided that Atlantic Coast Life Insurance Company continues to have access to the Momentum Index. *****The Participation Rates for the Diversified Macro 5 Index One-year point-to-point and Two-year point-to-point crediting strategies are guaranteed for 10 years from the annuity issue date, provided that Atlantic Coast Life Insurance Company continues to have access to the Diversified Macro 5 Index. | ||
| Indexing | |||
| Index/Benchmark | S&P 500®, Momentum Index, and Diversified Macro 5 Index | ||
| No Rider | Rate Enhancement Rider | ||
| Trigger Rate | Momentum Index 1 Year with Trigger Rate | 9% | 11% |
| Participation Rates | Momentum Index 1 Year Point-to-Point with Participation Rate**** | 210% | 260% |
| Momentum Index 2 Year Point-to-Point with Participation Rate**** | 320% | 385% | |
| Momentum Index 3 Year Point-to-Point with Participation Rate | 465% | 550% | |
| Diversified Macro 5 Index 1 Year Point-to-Point with Participation Rate***** | 210% | 260% | |
| Diversified Macro 5 Index 2 Year Point-to-Point with Participation Rate***** | 320% | 385% | |
| Diversified Macro 5 Index 3 Year Point-to-Point with Participation Rate | 465% | 550% | |
| S&P 500® 1 Year Point-to-Point with Participation Rate | 26% | 38% | |
| S&P 500® 2 Year Point-to-Point with Participation Rate | 43% | 58% | |
| Caps | S&P 500® 1 Year Point-to-Point with Cap Rate | 5% | 5.95% |
| Riders | |||
| Optional Riders and Costs | Rate Enhancement Rider: 0.95% fee | ||
Interest rates are subject to change without notice. Quoted rates may vary due to state regulations and taxes. Products, features, and riders may not be available in all jurisdictions. Refer to the policy for all terms and conditions. All Guarantees are based on the claims-paying ability of Atlantic Coast Life Insurance Company.
Disclaimers
The Momentum Index and Diversified Macro 5 Index are volatility-controlled indexes that may include a fee in the computation of the index value.
Neither MerQube, Inc. nor any of its affiliates (collectively, “MerQube”) is the issuer or producer of Accumulation Protector PlusSM Annuity and MerQube has no duties, responsibilities, or obligations to investors in Accumulation Protector PlusSM Annuity. The index underlying the Accumulation Protector PlusSM Annuity is a product of MerQube and has been licensed for use by Atlantic Coast Life Insurance Company. Such index is calculated using, among other things, market data or other information (“Input Data”) from one or more sources (each a “Data Provider”). MerQube® is a registered trademark of MerQube, Inc. These trademarks have been licensed for certain purposes by Atlantic Coast Life Insurance Company in its capacity as the issuer of the Accumulation Protector PlusSM Annuity. Accumulation Protector PlusSM Annuity is not sponsored, endorsed, sold or promoted by MerQube, any Data Provider, or any other third party, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the Input Data, Diversified Macro 5 Index or any associated data.
The Momentum Index, (the “Index”), and any trademarks, service marks and logos related thereto are service marks of Solactive AG (“Solactive”). Solactive has no relationship to Atlantic Coast Life Insurance Company, other than the licensing of the Momentum Index and its service marks for use in connection with the Accumulation Protector PlusSM Annuity and is not a party to any transaction contemplated hereby. The Accumulation Protector PlusSM Annuity is not sponsored, endorsed, or promoted by Solactive in any way and Solactive makes no express or implied representation, guarantee or assurance regarding the quality, accuracy and/or completeness of the Index, and the results obtained or to be obtained by any person or entity from the use of the Index. Solactive reserves the right to change the methods of calculation or publication with respect to the Index. Solactive shall not be liable for any damages suffered or incurred because of the use (or inability to use) of the Index. Solactive shall not be liable for the results obtained by using, investing in, or trading the Accumulation Protector PlusSM Annuity. Solactive has not created, published, or approved this document and accepts no responsibility or liability for its contents or use. Obligations to make payments under the Accumulation Protector PlusSM Annuity are solely the obligation of Atlantic Coast Life Insurance Company and are not the responsibility of Solactive.
The “S&P 500®” is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”), and has been licensed for use by Atlantic Coast Life Insurance Company. Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Atlantic Coast Life Insurance Company. Accumulation Protector PlusSM Annuity is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P®, or their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500®.
ATLANTIC COAST LIFE INSURANCE COMPANY IS A MEMBER OF THE A-CAP FAMILY