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Carrier News Bulletin: 10/4/2018 – 10/10/2018

American National

Signature Term Reprice

American National announces new premium rates for Signature Term Life Insurance, effective November 11, in all states except New York.

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In-Force Rate Action Announcements:

South Dakota: Pre-PCS Option
Effective 10/08/18

Tennessee: Choice 1 with Stable Premium Option
Effective 10/08/18

Utah: PCSI, Choice 1 with Stable Premium Option
Effective 10/08/18

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Legal & General America

New Sharper Term Rates!

New rates include a mix of decreases and increases. Rate decreases in more than 40% of pricing cells improved our ranking against core competitors. Less than 7% of rates increased and focused on female tobacco users at higher face amounts.

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Newly Redesigned Individual Life Insurance Policy

This is the first significant upgrade to Prudential’s policy packaging in more than 30 years. Policies will now be produced in a bound / booklet-style format with a “classic Prudential” policy cover.

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