Like all carriers in our industry, we are updating our product portfolio before the end of 2019 to reflect the 2017 Commissioner’s Standard Ordinary (CSO) Table and Principle-Based Reserving requirements.
In September, we shared transition rules and dates for these product changes. However, we’ve recently updated our transition rules with important information you should know, including:
· Revised dates for the transition of our Protective Strategic Objectives VUL product, and
· Key changes to our TIA/Conditional Receipt requirements to accept larger cases before year-end.
Please see the updated transition rules for more information. These will also be updated on our key websites, including our transition resource center on MyProtective.com.