Increased Caps on
FlexLife, PeakLife, SummitLife, and SurvivorLife IULs!
Effective
January 15, cap rates on all money
received for the S&P 500 Point-to-Point Cap Focus strategies
will increase to 9.25%.
This increase applies to FlexLife, PeakLife,
SummitLife and SurvivorLife IUL products, except in New York, where
rates will remain the same.
This will bring the max illustrated rate to 5.92% when using the S&P 500 Cap
Focus, Balanced Trend uncapped, and US Pacesetter uncapped
strategies.
Along with this change, interest paid on Systematic
Allocation and Basic Strategy on LSW Summit Life will be 2.40%.
Illustration systems will be updated on 01/15/2023.
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