Effective 04/15/2020: Rate Changes to Indexed Explorer Plus®
- April 14, 2020
- Carrier News, Life Insurance
Effective April 15, 2020, the following rate changes are being made to our indexed universal life (IUL) product, Indexed Explorer Plus:
- S&P 500® Uncapped Monthly Average Account:
- 0% Floor: 50% participation rate
- 1% Floor: 40% participation rate
- S&P 500® Uncapped Annual Point-to-Point Indexed Account with Spread:
- 0% Floor: 5% index threshold rate with an index spread rate of 14%
- 1% Floor: 5% index threshold rate with an index spread rate of 16%
CLICK HERE to view the formal announcement.
- April 14, 2020
- Scott Karstens
- Carrier News, Life Insurance
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