Reprice on Protective Advantage Choice UL
- October 19, 2020
- Carrier News, Life Insurance, Rate Change
Effective October 19, 2020, our Protective Advantage Choice UL product will be repriced with a slight rate increase to accommodate the current interest rate environment. This reprice enables us to continue offering this solid, well-designed protection solution that meets our customers’ expectations and helps us deliver on our promises — together.
Transition Rulds
- For paper business, applications must be signed AND received on or before November 2, 2020 to retain old rates.
- For ticket business, applications must be signed and received on or before November 16, 2020 to retain old rates.
- Any application in Underwriting on October 19, 2020 will retain the rates they were initially quoted.
- October 19, 2020
- Scott Karstens
- Carrier News, Life Insurance, Rate Change
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