New Term Pricing Effective August 11, 2020

New rates for all Banner Life and William Penn OPTerm series options include a mix of decreases and increases. 

Banner Life OPTerm pricing comes in at #1 - 73% of the time and top 3 - 89% of the time against core competitors*

What's Changed

A mix of increases and decreases, with a focus on regaining the top competitive position on the Preferred and Standard Non-Tobacco classes and improving pricing in the Preferred Plus class. Rate changes were primarily focused on 10-30 year level term periods, but have changed for all OPTerm series options. 

William Penn OPTerm pricing comes in at #1 - 81% of the time and top 3 - 95% 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

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*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.