Cincinnati Life has applied an overall rate update and issue age range revision to the guaranteed level term portfolio. Highly competitive products backed by a financially strong company makes Termsetter an excellent choice for protecting your client’s financial future.
Key Features
- 10-, 15-, 20-, 25- and 30-year guaranteed term period options
- Convertible at the end of the term period or the policy anniversary following the insured’s 70th birthday, whichever comes first
- Minimum death benefit amount of $25,000
- Rates based on actual age
- Non-cigarette tobacco users are eligible for nonsmoker rates
- Fully commissionable $75 policy fee
Effective: April 9, 2022
Applicable in: All states except NY
Transition Period for Rates:
April 9, 2022 – May 6, 2022
Applications signed and dated before May 7, 2022, and received in our office by May 13, 2022, will be issued with Cincinnati Life’s most competitive Termsetter rate.
May 7, 2022
All applications signed and dated on or after May 7, 2022, will receive the new Termsetter rates.