North American Introducing a New High Participation Index Option

Introducing a new high participation index option designed to handle diverse market conditions.

North American is excited to announce a new, high participation (par) rate option on the licensed Fidelity Multifactor Yield IndexSM 5% ER, for exclusive use on currently marketed North American indexed universal life insurance (IUL) products.

This high-par option is not a replacement to the current product offering but provides policyholders with another option in regard to index selection to handle diverse market conditions. This high-par version offers more crediting potential through a higher participation rate, while still providing downside protection with a zero percent floor.

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