What’s Changed?
More reductions across all classes mean more #1 pricing than any other carrier.

Changes to level period premium rates across level term periods (10, 15, 20, 25, 30 and 35years). Both annual and monthly rates are highly competitive.

Overview
Effective date: 9/16/2022
Plans: New rates for OPTerm 10, 15, 20, 25, 30, 35 and 40
Classes: All classes
Bands: All bands
Policy fee: No change
Modal Factor: No change
Compensation: No change

New Business Submission and Pending New Business

Form ICC17-LIA (and state variations)

  • New applications received in the home office by October 16, 2022, and applications currently pending will be issued with the most favorable premium for the insured.
  • Applications received October 17, 2022, and later will be issued with the new rates.
  • Please note that as of August 1, 2022, the traditional paper LIA (ICC08-LIA and state variations) will no longer be accepted.

AppAssist

  • Formal applications received by October 16, 2022, will be issued with the most favorable premium for the insured.
  • In order for the policy to be eligible for prior rates, the drop ticket should be submitted with enough time for the interview to be completed and the application submitted by October 16, 2022.
  • New rates will apply to all completed interviews and subsequent formal applications received October 17, 2022, and later.

Digital Applications

  • Formal applications received by October 16, 2022, will be issued with the most favorable premium for the insured.
  • In order for the policy to be eligible for prior rates, the drop ticket should be submitted with enough time for the interview to be completed and the application submitted by October 16, 2022.
  • New rates will apply to all completed interviews and subsequent formal applications received October 17, 2022, and later.

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