January 18, 2024

Two Index Crediting Options to Sunset

For FIT Secure Growth, FIT Rewards Growth, FIT Certain Income, and FIT Select Income inforce policies.

At National Life, we’re always working to optimize the solutions we offer to clients. We have decided to sunset these two index crediting strategies for inforce FPDA policies:

 

  • Bank of America Merrill Lynch GPA Point-to-Point Index Account
  • Barclays Low Volatility 5 Index Point-to-Point Index Account

 

Starting January 20, 2024, no new allocations or premium contributions can be made to these strategies for FIT Secure Growth, FIT Select Income, FIT Rewards Growth, and FIT Certain Income inforce policies.

Clients currently invested in these strategies must change their allocations by June 8, 2024.

 

If changes are not made, their funds (and any future premium allocations) will be moved to the PIMCO US Fundamental Balanced Index account.

We have mailed this letter to customers to inform them about reallocating funds to other indexes.

 

FPDA Index Crediting Strategies

TC138985(0124)1

Previous Next

  • NLG AGENT APP
    Put Business in Your Pocket with the NLG Agent Mobile App

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

Follow Us