New Term Pricing Effective June 10, 2020
New rates for Banner Life OPTerm 10, 15, 20, 25, 30, 35 and 40 include a mix of decreases and increases.
Banner Life OPTerm pricing comes in at #1 – 74% of the time and top 3 – 89% of the time against core competitors*
New Monthly Modal Factor
The reprice lowers the monthly modal factor from .086 to .085. Both annual and monthly rates are highly competitive!
Check out Banner’s updated term webpage to find administrative guidelines, product specifications, marketing materials and more.