North American Updates Cap & Par Rates and Premium Limits

Back to Sales Blog

North American Updates Cap & Par Rates and Premium Limits

Updated: Cap, participation, spread, and illustrated rates for indexed universal life products

Please be advised that we are making changes to the cap, participation, illustrated, and spread rates (if applicable) for the following currently marketed products: Builder Plus IUL® 2 and Protection Builder IUL. There are no changes for Smart Builder IUL. For these products to receive the current rates, ALL monies must be placed into the index accounts with an effective date ON OR BEFORE to March 31, 2020. All monies with an effective date ON OR AFTER April 1, 2020 will receive the new rates.

Official North American Cap Notification

Updated Premium Limits for GUL and IUL Products

In the recent weeks, we have seen unprecedented volatility in the markets. Those factors coupled with a continued low-interest rate environment have prompted us to evaluate our premium limits to ensure we are being prudent for the long-term. As a result of that analysis, North American will be decreasing the current annual premium limit in all policy years on the following products:

  • Builder Plus IUL® 2
  • Protection Builder IUL
  • Custom Guarantee® UL 9

Official North American Premium Announcement



Subscribe For Latest Updates

Sign up to notified of every new Sales Blog Post.

Invalid email address
We promise not to spam you. You can unsubscribe at any time.
Back to Sales Blog