Income for Life Rider Updated to be More Competitive
Effective April 30, rates in WinFlex for the Income for Life Rider on Max Accumulator+ II IUL policies will be updated to improve annuity factors and adjust the one-time activation charge for select ages. As a result, the guaranteed income from the rider will increase by an average 15% for issue age 35-55 if the rider is activated before age 80.