Reminder: Interest-Related Policy Changes Coming Effective 08/01/21
The ongoing low interest rate environment makes it necessary to effect changes that will impact inforce Indexed Universal Life (IUL) policyholders. Effective August 1, 2021, changes will be made to the Index credit bonus for Indexed IUL policies issued in 2019 and prior and policies issued with the Income Protection Agreement (IPA) and/or Income Protection Flex Agreement (IPA Flex). The remaining client communication letters will be mailed throughout the month of June.