I received an Email from them today without any prior notice that effectively is an announcement that they are out of the TERM Market by raising their Rates significantly.
I looked at their sample rates for a 35M and 45m 20 Year Term $150k T and NT. Rate increase was 60% across all Classes (Select+, Select, and Standard)
Effectively putting them out of the TERM business.
Anyone heard anything... We have not???
[I][COLOR="blue"]Effective March 1, Assurity will be changing premium rates for LifeScape NonMed Term 350 and Term 350 Plus (both Form No. I L0760) along with associated rid
I looked at their sample rates for a 35M and 45m 20 Year Term $150k T and NT. Rate increase was 60% across all Classes (Select+, Select, and Standard)
Effectively putting them out of the TERM business.
Anyone heard anything... We have not???
[I][COLOR="blue"]Effective March 1, Assurity will be changing premium rates for LifeScape NonMed Term 350 and Term 350 Plus (both Form No. I L0760) along with associated rid
Source of insurance-forums.net
Comments
Post a Comment