Legal & General America is revolutionizing the term insurance marketplace as the ONLY carrier to offer level premium coverage for up to 40 years!

Give your clients the option to purchase simple, straightforward protection that can cover them into retirement and beyond. Their competitive, guaranteed level term OPTerm series now comes in durations of 10, 15, 20, 30, 35 AND 40 years! OPTerm 35 and 40 provide the same great pricing and service that you come to know from Legal & General America.

Market Need

Consumers are looking for more affordable options when it comes to protecting their financial futures through to retirement. Current market products don’t always meet customers’ needs and the realities they face:

  • Americans are living and working longer
  • Many still have debt beyond age 65
  • Coverage in later years can be costly
  • Options are limited for budget-conscious buyers

Customer Segments 

OPTerm 35 and 40 can fulfill a basic protection need, while bringing many additional benefits:

  • Millennials (20s – 30s): can provide financial protection into retirement and allow extra time to build a nest egg
  • Gen Xers (Late 30s – 40s): longer duration term may provide life insurance coverage to age 85 at a much lower price compared to a Guaranteed Univeral Life (GUL) quoted to provide a similar length of protection
  • Homeowners: helps cover the mortgage for those who refinance or buy a new home later in life
  • For everyone else: OPTerm 35 and 40 provide the longest-term coverage available in the market, at very competitive prices

Availability
OPTerm 35 and 40 are available for new sales in all states except New York.

Riders
Clients can still choose to ladder their coverage for the longer term with 10, 15 or 20-year Term Riders. The Child Rider will also be available for OPTerm 35 and 40.

Issue Ages

Banner OPTerm 35

  • 20 – 50 all non-tobacco classes
  • 20 – 45 all tobacco classes

Banner OPTerm 40

  • 20 – 45 all non-tobacco classes
  • 20 – 40 all tobacco classes
Corporate Headquarters:
604 Harper Avenue, Jenkintown, PA 19046 | P: 800.543.5555 / 215.517.4080 | F: 800.343.0804 / 215.517.4087

Miami Office:
3470 NW 82nd Avenue, Suite #670, Doral, FL 33122 | P: 800.683.3077 / 305.908.6700 | F: 800.343.0804

Securities offered through The Leaders Group, Inc. Member FINRA/SIPC 26 W. Dry Creek Circle, Suite 800, Littleton, CO 80120, 303-797-9080.

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