Interest
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