Effective April 1, 2020, we will be updating our Term Life Answers (TLA) product pricing for new issue policies.

Our TLA product continues to provide clients with value and we will continue to offer these competitive product features

  • Age Last Birthday Underwriting
  • FIT Underwriting Credit Program
  • Accelerated Underwriting Program FIY.er (for drop ticket applications only)
  • Conversion Privileges
  • No-Cost Waiver of Premium for Unemployment Rider

In addition to the product features above, effective April 1, 2020, we are also reducing our quarterly modal factor from .275 to .265.

Transition Rules

TLA applications signed on or after April 1, 2020, will receive the new pricing. To receive the old pricing, TLA applications need to be signed prior to April 1, 2020 and must be received in the Home Office no later than April 30, 2020. For pending applications in-house with an application signed date prior to April 1, 2020, the agent/broker will need to contact the Underwriting department if they wish to receive the new rates.

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

GBS Insurance and Financial Services, Inc. is not affiliated with The Leaders Group, Inc. You may check the background of investment professionals on FINRA Broker Check

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