MaterialChangeDate

Description
Material Change Date

Type : Date

Definition
MEC - Date of Last Material Change (U.S.). If none occurred, then use EffDate of policy here.The date for any increase in benefits or any exchange for another policy. Three exceptions include benefit changes due to the following: (1) premium amounts necessary to fund the lowest death benefit during the first ten years (2) dividends (3) interest

Parents
LifeUSA