PGA and FGA 6 Discontinued March 19

February 27, 2018

Effective March 19, 2018, the Principal Growth Annuity series (PGA 5, PGA 7 and PGA 9) and Focused Growth Annuity 6-year duration only (FGA 6) will no longer be offered by The Standard. All PGA or FGA 6 business must be issued with an effective date no later than March 16, 2018, with no exceptions.

By Friday, March 16, 2018:

  • Applications must be received by The Standard including premium and without any additional requirements.
  • All pending requirements must be resolved and all transfer funds (e.g., 1035 exchanges, IRA rollovers) must be received.

We will not be able to issue the discontinued products after March 19, 2018. If you have any questions, please don’t hesitate to give us a call at 800-378-4578.

 

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