Protection Builder® IUL 2 highlights:

• Lifetime guaranteed death benefit protection up to age 120 with the Premium Guaranteed Rider (PGR), available at issue only

• If the PGR is not elected, the no-lapse guarantee (NLG) can be used to guarantee the chosen death benefit guarantee period

• Improved competitiveness for guaranteed pricing and non-guaranteed performance and a 10 - 30% decrease in premiums for certain cells.

• Improved cap, par, and spread rates

• Flexibility to choose desired death benefit guarantee

• Premium Recovery Endorsement (PRE) feature for potential return of premium in select years, available only with the PGR

• Protected Death Benefit (PDB) feature may allow for distributions without losing all death benefit guarantees

What’s new?

Product Changes

• Altered charge structures, including reducing the current asset-based charge to 0%, for improved competitiveness
• Interest Bonus on Fixed and Index Account is removed (except for the bonus on the base Fidelity index)
• Removed persistency bonus
• Removed Indices: EURO STOXX®, NASDAQ®, Multi-index
• Addition of Overloan Protection Endorsement and Protected Death Benefit Endorsement