Millennium universal life insurance
 
Daily/guaranteed interest option (DIO/GIO)
Credited and miscellaneous rates
Policies issued before April 12, 2004
 
Crediting rate as of Dec. 09, 2018 Daily
interest
rate
GIO
1 year
GIO
2 year
GIO
3 year
GIO
4 year
GIO
5 year
GIO
10 year
Millennium series with Bonus
Millennium 2000, 2001, 2002, 2003 0.125  0.875  N/A  1.500  N/A  2.500  N/A 
Millennium 1998 *, 1999 *, 1999A 0.125  0.875  0.750  1.500  1.500  3.000  N/A 
Other Canada Life plans
Dynaterm Plus * 0.125  3.000  3.000  3.000  3.000  3.000  N/A 
Executive Design * and MasterPlan 1989 * 4.000  4.000  4.000  4.000  4.000  4.000  N/A 
MasterPlan 1995 *, 1997 0.125  3.000  3.000  3.000  3.000  3.000  N/A 
Total Protection * 3.000  3.000  3.000  3.000  3.000  3.000  N/A 
Crown Life plans ***
Crown Futura 0.000  4.000  N/A  N/A  N/A  4.000  N/A 
Crown Futura 3000 0.000  N/A  N/A  2.500  N/A  N/A  3.000 
New York Life plans
Target Life 1 *, 1.5 * 0.125  4.000  4.000  4.000  4.000  4.000  N/A 
Target Life 2 * 2.500  2.500  2.500  2.500  2.500  3.000  N/A 
Miscellaneous rates
Millennium Account (Side Account) rate 0.625  N/A  N/A  N/A  N/A  2.000  N/A 
Policy loan rate ** 5.350  N/A  N/A  N/A  N/A  N/A  N/A 
 
For information purposes only. These rates are subject to change at any time without notice. Every effort has been made to ensure accuracy, but some errors and omissions may occur. The annual rate applicable to a deposit amount in a GIO is the rate then in effect on the date the amount is credited to the account. For a DIO the rate applicable to the account balance for each day is the daily rate then in effect.

* Some products have crediting rates which vary. The rates displayed are for the minimum deposit amount.

** The policy loan rate shown is an annual rate which is subject to change at our discretion. Interest is calculated on the loan balance daily. The policy loan interest rate is locked in when the policy loan is taken.

*** Crown Versatile Life has an interest rate of 4.5%.