Global Atlantic will be suspending sales of their index universal life products

Effective July 1, 2023, Global Atlantic will be suspending sales of their index universal life products that are issued by Accordia Life Insurance Company, including: 

• Lifetime Builder ELITE index universal life (IUL) 

• Global Accumulator IUL

• Lifetime Foundation ELITE IUL 

This decision does not impact Global Atlantic’s commitment to existing life insurance policyholders, and they will continue to devote the necessary resources to serving them. 

With their industry leading annuity and preneed businesses, they are well positioned to continue to serve clients in providing compelling product solutions. As Global Atlantic continues to support their inforce life products and complete the transformation to a broader new business platform, they will be well positioned to evaluate new product opportunities, including new hybrid and life insurance products, where they can deliver value to you and your clients.