Persistency Bonuses Enhancements

Definition of "Persistency bonuses (enhancements)"

Financial incentives credited to the policy to encourage the policyowner to keep the policy in force. The incentives may be utilized by: (1) applying them to the policy cash value after a stipulated time period that the policy has been in force has expired; (2) after a stipulated minimum number of premium payments has been paid into the policy; or (3) after the policy's cash value has attained a stipulated minimum value. These financial incentives may be added to the policy in the following manner:

1. Additional interest may be added to the policy's cash value.
2. Mortality credit may be added to the policy's cash value.
3. The policy's death benefit may be increased.

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