March 8, 2021

New term pricing effective March 8, 2021

New rates for Banner Life and William Penn OPTerm series 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 - 93% of the time against term competitors in the national market.*

William Penn OPTerm pricing comes in at #1 - 74% 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.

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

Download:
GA Administrative Guidelines>
Broker Administrative Guidelines>
New Term Rates Flyer>

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