New OPTerm pricing is effective 07/26/22
Effective July 26, we’re making new adjustments to the non-tobacco classes, giving you even more #1 pricing than any other carrier:
- Banner Life OPTerm pricing comes in at #1 – 81.5% of the time and ranks top 3 – 91.3% of the time against term competitors in the national market.*
- William Penn OPTerm pricing comes in at #1 – 83.5% of the time and ranks top 3 – 97.5% of the time against term competitors in the New York market.**
We’ve also increased our policy fees for both Banner and William Penn. As a result, we have materially improved our competitive position outside of our key pricing points. Be sure to review our Administrative Guidelines for more information or visit our term webpage for updated materials.***
*Rankings based on Banner Life OPTerm monthly pricing for all ages and classes at durations of 10, 15, 20, 25, 30, 35 and 40 years.
**Rankings based on William Penn OPTerm monthly pricing for all ages and classes at durations of 10, 15, 20, 25, 30, 35 and 40 years.
***Please remember to refresh your browser to ensure you are viewing the latest versions.