Actuarial Guideline 38 now requires life insurance carriers to hold more reserves for products that contain a "secondary guarantee," or a death benefit guarantee. On January 1, 2013 Midland National will make changes to products with a death benefit guarantee.

View the field bulletin detailing the changes
Make sure that your clients get the best deal possible!
Ensure your clients receive the PGR for their UL-DB or Legacy Guaranteed® SIUL policies, or receive the currently available (lower) guarantee premiums for their XL-DB2 policies. There's just one date left to remember!
December 28, 2012
Policies dated on/before December 28 (i.e. printed on the policy) can receive the UL-DB and
Legacy Guaranteed SIUL with the PGR, or the current lower premiums for XL-DB2.
You may backdate the policy to on/before December 28, 2012 to receive the UL-DB and
Legacy Guaranteed SIUL with the PGR, or the current lower premiums for XL-DB2.