2024 Dividend Scale Increase

The Lafayette Life Insurance Company is thrilled to announce that its Board of Directors has approved an INCREASE to our dividend interest rate for 2024! 

Effective January 1, 2024, the 2024 dividend interest rate will increase to 5.3% for all dividend-paying policies written after June 15, 2005. Lafayette Life is expected to pay a record $103 million dividend allocation to policyholders in 2024, yet again demonstrating the strength and stability of our financial position. This all-time-high dividend payout marks the 119th consecutive year that Lafayette Life will be paying a dividend.