IMPORTANT UPDATE: Increases to IncomeShield and EstateShield Product Features Effective 11/23/22
IncomeShield Premium Bonus and Payout Factor Increases
We’re pleased to announce that the bonus on IncomeShield 9 and IncomeShield 10 first-year premium is increasing to 10% (from 7%), and payout factors are increasing across the IncomeShield series. To see the updated payout factors, click on the links below.
This change will be effective today, November 23, 2022.
EstateShield Benefits Account Value Bonus and Rate Increases
We’re pleased to announce increases on EstateShield 9 and EstateShield 10’s fixed interest and index-linked crediting rates. In addition, the Benefits Account Value (BAV) Bonus on both products is increasing to 35%.
To see the crediting rates, click here.
This change will also be effective today, November 23, 2022.
IncomeShield and EstateShield Product Update Details
Contracts issued November 23 and after will receive the new rates and the increased bonus. There will not be adjustments made to previously issued contracts. No exceptions.
To get updated sales materials and order custom ad slicks, log into our agent site.