Equitable/SILAC agents should know the following rate lock guidelines.
Be sure to grab a copy of our 5-Year Annuity Tip Sheet to be notified every time a rate changes.
Applications signed on or before 11/8 and received in the home office within 14 calendar days from the application sign date will receive the better of the annuity rates in effect on:
o The date the application was signed, or
o The date the annuity contract is issued.
Apps received at the home office beyond 14 calendar days from the application sign date will receive the annuity rates in effect on the date the contract is issued.
Applications must be signed on or before 11/8 and received in the home office within 14 calendar days from the application sign date. If ALL funds are received in the home office within 30 calendar days from the date the application was signed, the annuity rates will be the better of the rates in effect on:
o The date the application was signed, or
o The date the annuity contract is issued.
If ALL funds are not received in the home office within 30 calendar days, the annuity rates will be those rates in effect on the date the annuity contract is issued.
