At Symetra, we’re always fine-tuning our products to ensure they are competitive, fulfill your clients’ financial needs and help you build your business. That’s why we’re pleased to introduce the following enhancements:
- A new version of our term product in New York.
- Refreshed rates for our existing term products.
Our term portfolio offers even more competitive pricing, with larger price breaks on policies with face amounts of $2.5 million and above.
The new term product in New York and the refreshed rates will be available for sale beginning Feb. 8, 2019.
Transition rules and timelines
Feb. 8, 2019
- Quotes for our new NY term and refreshed existing term will be available on Winflex and Symetra Life Illustrator.
We will reach out directly for any pending NY cases with transition rules. - To receive the current version of our term rates, applications must be signed on or before this date.
Feb. 9, 2019
- All formal applications signed on or after this date will receive the new rates.
March 8, 2019
- All current version term cases that have not been issued/paid will receive the refreshed rates.