Underwriting and Pricing Updates
New Chief Medical Director – We are pleased to announce that Dr. Loraine Oman-Ganes has joined LGA as the Chief Medical Director. Loraine is a clinical geneticist, pediatrician, and insurance physician leader, who was most recently the Global Corporate Chief Medical Director of Sun Life. Previously, she was Chief Medical Director of RBC Insurance. Read the full announcement.
Rate change – New rates for Banner and William Penn OPTerm 10, 15, 20, 25 and 30 effective April 2, 2020. No changes to OPTerm 35 and 40. About 10% of pricing cells across all ages will see an increase. Rate percentage increases are minimal, with most well under 1%. Pricing remains highly competitive!
Check out our updated term webpage to find administrative guidelines, product specifications, marketing materials and more. Download now: