Unlock Longer Policy Duration, No Underwriting Needed

Legal & General America is offering an exchange program allowing Banner Life customers who purchased OPTerm 10, 15, 20, 25, 30 or 35 within the past 48 months to trade up to a longer duration policy at his or her current attained age with no underwriting. Learn more about our conversion alternative. 

Program highlights

• Products – active Banner Life OPTerm 10, 15, 20, 25, 30, and 35 policies*
• Premiums – based on attained age, nearest birthday
• Underwriting classes – all risk classes, including rated policies
• Exchange form LP198 (1-24) – must be received within 48 months of original policy effective date. 
• Commissions – full commissions will be paid on net premium increase
• Face amount – must match original term policy and be within retention limits