Reminder: Index Products Changed to Daily Sweep

August 1, 2023

As a reminder, on July 17, 2023, we changed all our index products to a daily sweep to align with industry standards.

  • All expected premiums must be noted on the application and the policy will not issue until all funds are received. Multiple premiums will be held until the final premium is received. The contract effective date is the day we receive all the expected premiums.
  • If all premiums are not received within 90 days, the contract will issue based on the date of the last received premium, if it meets the contractual minimum.

Have Questions?

Contact our service specialists at 800.247.6888 or send us a message.

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Please review this recent compliance alert: New Hampshire INS 305, Suitability of Individual Annuity Sales Recommendations.
We’re always looking to improve the customer experience. Thanks to your feedback, we’re rolling out new options for annual interest payments. See how these new features work.
We mailed IRS Form 1099-R in February to clients who took a distribution last year. You can view and download 2023 and prior year tax forms on the Annuity Portal.
Required Minimum Distribution notifications were mailed out at the end of January. Here’s the rundown on who we sent them to and what to expect.

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Doing business with The Standard is good for you and your clients. Our annuities offer innovative product design, desirable rates, competitive compensation, high industry ratings and excellent service.