June 10, 2020

New Term Pricing Effective June 10, 2020

New rates for Banner Life and William Penn OPTerm 10, 15, 20, 25, 30, 35 and 40 include a mix of decreases and increases.

Banner Life OPTerm pricing comes in at #1 - 74% of the time and top 3 - 89% of the time against core competitors*

New Monthly Modal Factor

The reprice lowers the monthly modal factor from 0.086 to 0.085. Both annual and monthly rates are highly competitive!

William Penn OPTerm pricing comes in at #1 - 80% of the time and top 3 - 94% of the time against core competitors*

Share With Agents

Check out our updated term webpage
to find administrative guidelines, product specifications, marketing materials and more.

Download:

GA Administrative Guidelines

Broker Administrative Guidelines

New Term Rates Flyer

Please remember to refresh your browser to ensure you are seeing the latest versions.

*Rankings based on Banner Life OPTerm monthly pricing for all classes at durations of 10, 15, 20, 25, 30, 35 and 40 years.
*Rankings based on William Penn OPTerm monthly pricing for all classes at durations of 10, 15, 20, 25 and 30 years.

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