Effective March 1, 2022, the following adjustments will take place on new and inforce business:
- UL Crediting Rates will increase on Protection UL and Protection SUL by 30 bps.
- Indexed UL caps will decrease for certain Accumulation IUL, Protection IUL, Protection SIUL, Accumulation VUL and Accumulation SVUL accounts while participation rates will remain unchanged.
- Fixed Account rates will decrease for certain indexed UL and vaiable UL products by 10 bps.
Full details HERE.