Lloyds of Lubbock
Guru
- 714
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Fixed loan interest with Direct Recognition The loan interest rate is guaranteed in the contract. Guardian’s rate is 8% to the later of age 65 or policy year 21. Thereafter, the guaranteed interest rate decreases to 5%. The dividend paid on policies varies based on the percentage of cash value that the policyholder borrows.2 Under Guardian’s 2010 dividend scale, a higher dividend is paid on policies with a loan than on those without.3
Fixed loan interest with Direct Recognition The loan interest rate is guaranteed in the contract. Guardian’s rate is 8% to the later of age 65 or policy year 21. Thereafter, the guaranteed interest rate decreases to 5%. The dividend paid on policies varies based on the percentage of cash value that the policyholder borrows.2 Under Guardian’s 2010 dividend scale, a higher dividend is paid on policies with a loan than on those without.3