North American | October 2022

North American has announced that they will be raising cap and participation rates for several index options on new business and inforce policies for Builder Plus IUL® 3, as well as many of their previously marketed indexed universal life (IUL) insurance products. Learn more.

North American has announced that effective November 1, 2022, the interest rate on the Premium Deposit Agreement in the Premium Deposit Account will change from 2.00% to 2.50%. This applies to new premium deposits paid into an existing Premium Deposit Agreement and new Premium Deposit Agreements established at policy issue. Learn more.