Effective 04/15/2020: Rate Changes to Indexed Explorer Plus®

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Effective 04/15/2020: Rate Changes to Indexed Explorer Plus®

 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.

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