Updated: Cap, Participation, Spread, and Illustrated Rates for Indexed Universal Life Products Effective 12/15/20

Please be advised that we are making changes to the cap, participation, illustrated, and spread rates (if applicable) for the following currently marketed products: Builder Plus IUL® 2 and Protection Builder IUL®, and Smart Builder IUL®. For these products to receive the current rates, ALL monies must be placed into the index accounts with an effective date ON OR BEFORE December 14, 2020. All monies with an effective date ON

OR AFTER December 15, 2020, will receive the new rates. 
 
Please consider using the new rates for all future illustrations as applications you submit today may not be ready for issue until after the new rates have been implemented. 
 
The rate changes will take effect for index selections that renew on or after December 15, 2020.