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Sun Life Rate Change
Posted in Sun Life · · (permalink)
Effective September 17th, 2012 Sun Life is changing their level COI rate for Sun Life Universal Life and Sun Limited Pay Life products. In addition Sun is shifting these products to an age nearest pricing basis.
The last day of sale using the old rates and age last pricing will be September 21, 2012. Applications received after September 21st will receive the new pricing.
Changes to UL
- Increased level COI Rates
- New Age Nearest Pricing
- Guaranteed interest rates changed to:
- 5 Year – 0.50%
- 10 Year – 1.50%
- 20 Year – 1.50%
Changes to Critical Illness
- Moving to Age nearest pricing
- Increased T10, T75, T100, and Juvenile rates
- New lower face amounts of $25,000