Equitable (formerly AXA) Update: Growth Cap Rate and Fixed Account Crediting Rate Updates
- March 26, 2020
- Carrier News, Life Insurance
In response to historically low U.S. Treasury rates prolonging the low-interest rate environment, Equitable is reducing growth cap rates for Indexed Universal Life (IUL) products, as well as fixed account (general interest account) crediting rates for certain IUL and Variable Universal Life (VUL) products, as detailed in the tables on the following pages.
Here is a link to the formal announcement and rate changes: CLICK HERE
- March 26, 2020
- Scott Karstens
- Carrier News, Life Insurance
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