Interest

(p9) - The literature attached to the conservation brochure read:

  • “At Minnesota Mutual, we believe you should get an up-to-date return on your insurance dollars – no matter how long you’ve owned your policy.
  • With Ultimate Interest™, our unique interest crediting method, we credit current, competitive interest rates to each premium payment.
  • That means every time you pay a premium, we credit it with an interest rate that reflects market conditions on the day we receive it.
  • So you’re always assured of earning current market rates.”

1999 - LC - Zarrella v. Minnesota Mutual Life Ins., 96-2782 - Opinion - 26p