PL Promise GUL and PL Promise Conversion UL have been repriced and now offer the following enhancements in Washington, D.C. beginning October 16, 2023.
Enhancements
- Greater commissionable target premiums
- Higher return of premium feature (for policies over $250K face amounts)
- Larger PL Promise GUL maximum face amount (to $20M to age 71)
Transition Guidelines
We’re providing a 60-day transition period. Cases issued through 12/14/23 automatically receive the better of the old and new rates. No request is necessary. Cases issued after the 12/14/23 cutoff date will receive the new rates.