Effective March 15, 2019, the maximum illustrated indexed rate for Protective Indexed Choice UL will increase from 5.60% to 5.63%. This will only impact the illustrated indexed rate on new policies, and not the actual indexed credited rates which are based upon the performance of the S&P 500.
For Protective Indexed Choice UL illustrations under the non-guaranteed assumptions, the loan charge rate will now be increased from 4.60% to 4.63% on policy loans and credit up to the new maximum rate of 5.63%. This will also take effect on the next policy anniversary after March 15, 2019.
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