Change in Cost of Insurance


After conducting a rigorous analysis of the increases in mortality claims in recent years, and in accordance with the conditions of your policy, the insurance cost rates of universal life products will increase as of September 1, 2022, by 20%, without exceeding the guaranteed Cost of Insurance rates detailed in your policy contract.

Because your policy is a flexible premium product, the adjustment mentioned above will not automatically be applied to your scheduled premium payment. However, we suggest that you carefully review your annual statement that is sent yearly on the month your policy was initially issued which will reflect the charges made, interest credited and the current values of your policy, to determine if you want to modify the amount of your scheduled premium payment. For more information, please contact your insurance agent or our customer service department at: (503) 2209-2700 | Email: