Principal Term (10, 15, 20, and 30-Year) Reprice, Effective 04/21/2025
Effective April 21, 2025, Principal Term (10-, 15-, 20-, and 30-Year) has been updated for new issue policies.
Summary of changes:
- Term has been repriced for all states (the new version displays in the illustration system as Term 2023 (04/2025)).
- Rates have been updated with a mix of decreases and increases across ages and face amounts.
- The minimum face amount for issue ages 66+ is now $1 million (applicable to nonconvertible policies).