The new vesting premium bonus will be 9% (0-75) and 4.5% (76-80).
Business Transition Rules:
- All new business and pending business issued with an 11/22/14 buy date or later will reflect the new vesting premium bonus of 9%/4.5% with no exceptions.
- To receive the current vesting premium bonus (10%/5%), cash with application and pending transfer money must be received no later than 11/13/14 and must be in "Good Order."
*Illustration software will be updated to reflect the new vesting premium bonus on 11/21/14.