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Legal & General America life insurance products are underwritten and issued by Banner Life Insurance Company, Urbana, MD and William Penn Life Insurance Company of New York, Valley Stream, NY. Banner products are distributed in 49 states and in DC. William Penn products are available exclusively in New York; Banner does not solicit business there. The Legal & General America companies are part of the worldwide Legal & General Group.
Banner OPTerm policy form # ICC12OPTN and state variations. In New York, William Penn OPTerm policy form # OPTN-NY. Two-year contestability and suicide provisions apply. Policy descriptions provided here are not a statement of contract. Please refer to the policy forms for full disclosure of all benefits and limitations. Premiums quoted include $60 annual policy fee. Rates as of 2.26.18.
Competitive rank based on annual and monthly premiums for all classes, bands, genders and quinquennial ages based on CompuLife comparisons as of 2.1.18 of 2,448 cells. Valid until 5.1.18. The products listed in the term comparisons are believed to be comparable to OPTerm plans with level guaranteed premiums paid for 10, 15, 20, 25 and 30 year durations. Term ranks based on Preferred Plus Non-Tobacco (PPNT), Preferred Non-Tobacco (PNT), Standard Plus Non-Tobacco (SPNT), Standard Non-Tobacco (SNT), Preferred Tobacco (PT) and Standard Tobacco (ST) underwriting classes. The form numbers for these competitor products may vary by state.
Banner: Competitor's products include: American General Life Insurance Company / Select-a-Term 10, 15, 20, 25, 30 (Form # ICC16-16901), AXA Equitable Life Insurance Company / Term Series 10, 15, 20 (Form # ICC09-150-LT and state variations), John Hancock Life Insurance Company USA / Term Life 10, 15, 20 (Form # 2017TERM), Lincoln National Life Insurance Company / Element Level Term 10, 15, 20, 30 (Form # ICC16TRM 6063 or TRM5065N) / TermAccel 15, 20, 30 (Form # TRM5065), North American Company for Life and Health / ADDvantage 10, 15, 20, 30 (Form # LS174), Pacific Life Insurance Company / Pacific Promise Term 10, 15, 20, 25, and 30 (Form # P16LYT or ICC16P16LYT and S16LYT 10, S16LYT 15, S16LYT 20, S16LYT 25, or S16LYT 30), Principal National Life Insurance Company Co., Term 10, 15, 20, 30 (Form # ICC17 SN104 or SF946), Protective Classic Choice Term 10, 15, 20, 25, and 30 (Form # ICC16-TL21 / TL-21), Pruco Life Insurance Company / Term Essential 15, 20, 30 (Form # ICC16 PLTIC-2016), Savings Bank Life Insurance Company of MA / T-10,T-15,T-20, T-25, T-30 (Form # B-56), Transamerica Life Insurance Company / Trendsetter Super Series 10, 15, 20, 25, 30 (Form # ICC16 TL24), and Mutual of Omaha / United of Omaha Life Insurance Company / Term Life Answers 10, 15, 20, 30 (Form # 6250L-0696, 6296L-0696, 6319L-0696, 7064L-0203).
William Penn: Competitor's products include: AXA Equitable Life Insurance Company/ Term 10, 15, 20 (151X) (Form # ICC09-150-LT), Protective Life & Annuity Insurance Company / Protective Classic Choice Term 10, 15, 20, 25, 30 (Form # ICC16-TL21 / TL-21), John Hancock Life Insurance Company NY / 15, 20 Level Premium Term (Form # 2017TERM), Lincoln Life and Annuity Company of NY / Life Element Level Term 10, 15, 20, 30 (Form # TRM 5065N.2/13), Pacific Life & Annuity Company/PL Promise 10, 15, 20, 25 and 30 (Form # ICC12 P12TRF or P12TRF), Principal Life Insurance Co. / Term 10, 15, 20, 30 (Form # SF946), Pruco Life Insurance Co. of New Jersey / Term Essential 10, 15, 20, 30 (Form # PLTIC-2016), AIG / The United States Life Insurance Company in the City of New York / AG Select-a-Term 10, 15, 20, 25, 30 (Form # 16901N), Transamerica Financial Life Insurance Co / Trendsetter Super Series 10, 15, 20, 25, 30 (Form # 3-306 38-111, 3-305 38-111, 3-304 38-111, 3-303 38-111 or 3-334 38-111).
For broker use only. Not for public distribution. LAA1963 18-061