April 5, 2021

New term pricing effective April 5, 2021

New rates include a mix of decreases and increases. Changes to rates range across all term durations (10 - 40 years), with targeted improvements to the Preferred classes.

Always competitive rates
Banner Life OPTerm pricing comes in at #1 - 80% of the time and ranks top 3 - 92% of the time against term competitors in the national market.*

William Penn OPTerm pricing comes in at #1 - 79% of the time and ranks top 3 - 96% of the time against term competitors in the New York market.**

More reductions means more #1 pricing than any other carrier.

Share with advisors

Check out our updated term webpage to find administrative guidelines, product specifications, marketing materials and more.

Administrative Guidelines>

Please remember to refresh your browser to ensure you are viewing the latest versions.

*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 and 30 years