Introducing a New High Participation Index Option Designed to Handle Diverse Market Conditions
We are excited to announce a new, high participation (par) rate option on the licensed Fidelity Multifactor Yield IndexSM 5% ER, for exclusive use on currently marketed North American indexed universal life insurance (IUL) products. This high-par option is not a replacement to the current product offering, but provides policyholders with another option in regards to index selection to handle diverse market conditions. This high-par version offers more crediting potential through a higher participation rate, while still providing downside protection with a zero percent floor.