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October 5, 2020

Immediate Interest Credit Reduction on FIT Rewards Growth

Friday, October 30 is the last day to submit with 5% Immediate Interest Credit.

As National Life continues our commitment to deliver our promises to protect lives, families, businesses and provide for retirement, some annuity adjustments are necessary so we can continue to be there for our customers.

To that end, effective October 31, FIT Rewards Growth Immediate Interest Credit bonus will be reduced from 5% to 2%.
Friday, October 30 is the last day to submit with 5% Immediate Interest Credit.
5% Immediate Interest Credit will be paid on business meeting the following conditions:

  • Submitted by 5 p.m. CST on Friday, October 30, and
  • Premium received by November 30
    • If money is not received by November 30, a new app must be submitted for 2% Immediate Interest Credit.

Updated applications and marketing material reflecting 2% Immediate Interest Credit will be available on the Agent Portal and eApp on October 31.

TC117218(0920)1

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National Life Group® is a trade name of National Life Insurance Company, Montpelier, VT, Life Insurance Company of the Southwest, Addison, TX, and their affiliates. Each company of National Life Group is solely responsible for its own financial condition and contractual obligations. Life Insurance Company of the Southwest is not an authorized insurer in New York and does not conduct insurance business in New York.

TC110263(1019)1

For Agent Use Only – Not For Use With The Public

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