January 6, 2021

Significant reductions, especially for Preferred Plus, means more #1 pricing than any other carrier.

New Term Pricing Effective January 6, 2021

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

Banner Life OPTerm pricing comes in at #1 - 73% of the time and top 3 - 91% of the time against core competitors*

What's Changed

Changes to level period premium rates across all term durations (10 – 40 years), with targeted improvements to Preferred Plus rate class.

William Penn OPTerm pricing comes in at #1 - 84% of the time and top 3 - 96% 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 annual pricing for all ages and classes at durations of 10, 15, 20, 25 and 30 years.
*Rankings based on William Penn OPTerm annual pricing for all ages and classes at durations of 10, 15, 20, 25 and 30 years.

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