Select Plus 5 New Business Rate- Effective JULY 1, 2010

 

 

From: *IAP-DP-Sales USA [mailto:SalesUSA@iaamerican.com]
Sent: Tuesday, May 25, 2010 4:43 PM
Subject: Select Plus 5 New Business Rate- Effective JULY 1, 2010

 

News Bulletin                                                       May 2010

Select Plus 5 Annuity New Business Interest Rate

Effective July 1, 2010

Due to overall market rate changes, we are changing our credited interest rate for new Select Plus 5 annuity issues starting July 1, 2010.   Policies issued after June 30, 2010 will be credited the new interest rate. However, If an application is received by end of business day on Wednesday, June 30, 2010 and the initial premium is received by end of business day on Tuesday, August 10, 2010, the policy will get the June 2010 credited rate.  Bonus rates and life product rates remain unchanged.

Select Plus 5 SPDA 2.50% 5.00% first year premium bonus

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