Due to responsible measures taken by State Life Insurance Company during this period of low interest rates, they are now in the position to respond to the current positive interest rate movement – this is what we have come to expect from the asset-based LTC market leader.
Effective September 1, 2013, the premium expense charges on Asset Care I, II and III policies have decreased, thereby increasing the death benefits, LTC benefits and cash value accumulation. All Asset Care I, II and II policies issued September 1st and after will reflect the new lower premium expense charges. Asset Care IV charges will remain unchanged as they were not included in previous increases.
Please contact your LTC Sales Rep for more information.