Introducing a New Product Policy Form for OPTerm

Coming in early September, we’re implementing a new product policy form for our OPTerm products which will help us continue to provide the highly competitive pricing and strong customer value for which LGA has long been known. We’re also making OPTerm 35 and 40 available for William Penn. 

What do you need to know? 

• The new product policy form will have a new form number and will replace the current product policy form.
• Applications received prior to the effective date will be issued on the current product policy form. Applications received on or after the effective date will be issued on the new product policy form.
• There will be a one-time, automatic reduction in the death benefit at the end of the level period. 
• Premium will increase for most customers. 
• All other product features and riders will remain unchanged.