New Lower Term Pricing from Zurich (12/5/18)


We are pleased to announce a re-price to our Zurich Term effective immediately in approved states. On average, we have reduced our term premiums by 14% across all ages and underwriting classes.

Zurich Term Highlights

  • Top 3 premiums in many scenarios including: Male, ages 50+, all underwriting classes, all term periods
  • Up to $20 million of retention
  • New $1 million minimum specified (face) amount
  • No premium modal factors
  • Contractual right to convert to any permanent policy Zurich currently sells by the earlier of the end of Policy Year 5 or age 75, in addition to standard conversion product beginning in Policy Year 6

This new Term product will replace the previous version of the Zurich Term per the Transition Guidelines in all states except Delaware and New York where the new Zurich Term is still pending approval.