ID| Bulletin No. 25-05, from the Idaho Department of Insurance, informs all life insurance companies that, effective July 1, 2025, they must pay a minimum annual interest rate of 9.125% on deferred payments of cash surrender values for life insurance policies and individual deferred annuities. This requirement applies when an insurer does not pay out a surrender value within 30 days of the policyholder’s request, according to Idaho law. The specified interest rate is in effect through June 30, 2026, and is recalculated annually by the Idaho State Treasurer.
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