For Accumulation IUL:
- New segments are created on the 15th of each month when premium is moved from the holding account. Index parameter rates can fluctuate, but are guaranteed until the segment matures.
- A policy may contain multiple segments at one time. Each segment lasts for one year.* Once an allocation is made, it cannot be reallocated until the segment ends.
- Each segment will determine the amount to credit upon the segment's maturity date. At each segment maturity date, account value can be reallocated to any available index option and/or the fixed account.
For more information, refer to the Accumulation IUL Rate Sheet or the Accumulation IUL Agent Guide.
*Indexed accounts formed in the first policy month mature after 11 months. All other index segments mature after one year.
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