New rates for Banner and William Penn OPTerm 10, 15, 20, 25 and 30 include a mix of decreases and increases. No changes to our highly-competitive rates for OPTerm 35 and 40.
Banner OPTerm pricing comes in at #1 - 72% of the time and top 3 - 87% of the time against core competitors*
Reprice: What You Need To Know
Check out our updated term webpage lgamerica.com/term to find administrative guidelines, product specifications, marketing materials and more.
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*Rankings based on Banner OPTerm annual pricing at quinquennial ages, all classes at durations of 10, 15, 20, 25 and 30 years.
Underwriting Changes
Legal & General America has implemented new underwriting guidelines. We've put together an Underwriting Admin. Guidelines flyer with more details about these changes that you can share with brokers.
New unisex build chart resulting in significant improvements to female build
No routine Electrocardiogram (EKG) requirement for ages 41-50 at any amount
No routine Chest X-ray (CXR) at any age or amount
New blood pressure limits by class
Labs for proposed insured’s age 51 and older will include CEA testing
Are You A Hero? Life Insurance Awareness Month is right around the corner and we want to celebrate the people who deliver financial protection — by introducing our Hero In The Middle contest. Tell us how you or a colleague has gone above and beyond to help clients and you could win $1,000 for charity!
