Effective February 24, 2020, we’re introducing lower Term Life rates by as much as 10%:

• These rate decreases apply to Term 10, 15, 20, 25 and 30 base plans and riders 
  • Lower rates across all ages and bands
  • Proportionately lower renewal rates on Term 10, 15, and 20
• Plus, NEW rate band for face amounts of $2,500,000+ for clients who need significant amounts of insurance to benefit from even lower rates! 
• Note: The $25 policy fee discount on all Term base plans which was previously in effect will be discontinued on any application received on or after February 24, 2020. 

Important changes to underwriting requirements
To streamline our new business and underwriting process, we are introducing accelerated underwriting on all life insurance applications:

• Insured ages up to and including age 45
• Coverage less than $500,000

In these cases, routine medical tests will no longer be required. The Underwriter will determine if the application qualifies for accelerated underwriting. Additional medical tests may be ordered depending on information received. For more details, read our Accelerated Underwriting FAQ.

For more detailed information, please download The Wave 42.0 and read our Transition Rules.

Our new rates will be reflected on other industry illustration software (e.g. Life Guide, Compulife and Insurfact) starting on February 24, 2020.