Increase Rate Announcement on IULs Effective 01/15/23

Effective January 15, cap rates on all money received for the S&P 500 Point-to-Point Cap Focus strategies will increase to 9.25%.

This increase applies to FlexLife, PeakLife, SummitLife and SurvivorLife IUL products.

This will bring the max illustrated rate to 5.92% when using the S&P 500 Cap Focus, Balanced Trend uncapped, and US Pacesetter uncapped strategies.

Along with this change, interest paid on Systematic Allocation and Basic Strategy on LSW Summit Life will be 2.40%.

Illustration systems were updated on 01/15/2023.