Effective today, December 14, 2015, Legal & General is reducing rates for OPTerm 10, 15, 20, and 30. Some rates were reduced by as much as $0.42.
Starting today, all policies will be issued with new rates. Policies recently issued can be considered for reissue, with the new rates, provided the free look period has not expired.
Overview:
- Effective date: 12/14/15
- Companies: Banner and William Penn
- Plans: OPTerm 10, 15, 20, 30
- Classes: All non-tobacco
- Bands: All bands
- Issue ages: No change
- Policy fee: No change
- Compensation: No change
- Ages: 20-69 (no reductions for applicants 70+)