Corebridge Financial: Effective May 22, 2023, Select-a-Term Reprice with no increases
Effective May 22, 2023, Select-a-Term is repriced in all states, except New York.
• | Pricing: There are no premium increases, and roughly 30% of cells have lower premiums with an average decrease of roughly 1.5%. |
• | Low monthly modal factor remains at 8.45% and continues to put Select-a-Term among the top term products in the market today. |
• | Faster decisions: Agile Underwriting+ provides the opportunity to avoid the paramed and receive the offer 24 hours after the interview. |
• | Rated case advantage: Select-a-Term continues to offer some of the very lowest premiums for rated cases leveraging Special Class. |