Columbus Life Product and Illustration Updates Effective July 15, 2023
- July 13, 2023
- Carrier News, Life Insurance, Rate Change, Rates
Effective July 15, 2023, Columbus Life will launch exciting new product changes to diversify your client’s InIdexed Universal Life allocations.
Columbus Life is partnering with J.P. Morgan to bring you the J.P. Morgan Balanced GrowthSM Index, a NEW proprietary Index available in their Indexed Explorer Plus, Indexed Explorer Now, and Expedition SIUL Indexed Universal Life products. The new J.P. Morgan Balanced GrowthSM Index is available for product applications signed and dated on or after July 15, 2023.
The J.P. Morgan Balanced GrowthSM Index is a volatility-targeted index. It rebalances daily between equity and bond securities selected for their consistent historical performance.
Effective July 15, 2023, any outstanding illustrations that have not been submitted with a signed application dated before July 15, 2023 will be VOID and must be regenerated for any subsequent applications.
- July 13, 2023
- Benkis Barrueta
- Carrier News, Life Insurance, Rate Change, Rates
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