PL Promise Term Reprice- improvements effective November 7, 2022

Effective November 7, 2022, Pacific Life Insurance Company is adjusting rates to be more competitive for PL Promise Term¹ level premium term life insurance—a product specifically designed to serve the death benefit protection needs of the broad market consumer (household incomes of $50k to $250K). 

This reprice places PL Promise Term in the Top 3 for 92% of cells across all terms, ages, no-nicotine rate classes, and face amounts.² 

A 60-day transition period is provided. See Bulletin here.