IUL Rate Changes Effective February 22Good news. We are increasing caps and participation rates, and in turn maximum illustrated rates are increasing. The new rates apply to FlexLife, FlexLife II, SecurePlus Advantage 79, Ultra Select and LifeCycle Solution: - S&P 500 Cap Focus strategy – Cap from 12.00% to 12.50% (Max illustrated rate from 6.95% to 7.14%)
- S&P 500 Participation Rate Focus strategy – Cap from 9.75% to 10.00% (Max illustrated rate from 6.29% to 6.43%)
- S&P 500 Point-to-Average strategy – Participation Rate from 110% to 120% (Max illustrated rate from 6.55% to 7.13%)
- S&P 500 No Cap strategy – Participation Rate from 55% to 60% (Max illustrated rate from 6.29% to 6.85%)
- MSCI Point-to-Point strategy – Cap from 10.75% to 11.25% (Max illustrated rate from 5.84% to 6.07%)
We will begin illustrating these new rates on February 22, 2017.
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