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National Teachers Associates Life Insurance Company


Monday, March 25, 2013
Reference: 
NTAL-128818131

New reserve interest rate standards have been uniformly adopted across the various states. This filing serves the purpose of demonstrating our company’s compliance with the new standards on a go-forward basis. Effective 1-1-13, the company will be calculating/keeping reserves according to the new standards. Please find attached a letter from our actuarial team, confirming our new approach to reserves at an interest rate of 3.5%. This change in the interest rate shall not affect the policy form itself.
 

Status: Approved
Effective Date: 1/1/2013
 
 
HIRFNEW
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