That’s right – you heard me … Asset Care premiums will be decreased for the second time in 2022.
This will be effective December 9, 2022. New rates will not be available to illustrate until that date.
Here are the funding strategies being impacted:
- Single Premium, including Single Premium Drop In Rider,
- Recurring premium 5-pay & 10-pay
- Annuity Funded Whole Life (Asset Care) bonus increased to 25%
In California, Asset Care I, II, and III will be changed as well.
Policies issued between November 9 & December 9, 2022 will be eligible to be re-issued with the new pricing. You will find more information in the transition rules.
If you do have questions, please reach out to either my internal Justin Fox or me.
And, as always, thanks for taking time for me.
Kevin Fisher (678) 512-9627 firstname.lastname@example.org
Justin Fox (844) 658-3725 email@example.com