Nonforfeiture Rate Changes Effective 01/01/22
Nonforfeiture rates are changing which will require changes to Americo products. Effective January 1, 2022, the following product changes will occur:
Eagle Premier Series (Policy Series 311/312/313)
The cash values will be improved and premium rates will remain the same. No other changes are being made to the product.
AdvantageWL (Policy Series 312)
- For all policies issued on or after January 1, 2022, improved cash values will be issued.
- For all policies with an application sign date of January 1, 2022 or after, there will be premium increases. Updated premiums for quoting will be available on January 1, 2022.
- No other changes are being made to the product.
On Thursday, December 9th, we will be performing a system upgrade to Sales Connection to implement the Nonforfeiture rate changes. Sales Connection will be unavailable (eApplications and illustrations) from 12:00 am until 2:00 am Central Friday, December 10th.