New Product

You have expertise in recommending insurance solutions for your brokers and clients. We have expertise in the level-term life insurance marketplace and we’re excited to announce a new addition to our term portfolio. With more and better digital platforms than any other competitor, top-tier financial strength ratings and finely honed processes, Legal & General America is more competitive than ever. And we’re ready for your business! OPTerm 25 gives our potential customers one more reason to choose LGA for their protection needs. Among our 13 core competitors, we are one of five carriers to offer a 25-year term product. Coming soon in New York!

MARKETING OPPORTUNITIES.

100 million Americans are without life insurance protection. 25-year term may be another opportunity to close the coverage gap. Click here for case studies.

• Issue Age – Client’s age excludes him from qualifying for a 30-year policy, but 20 years is too short a duration.
• Education – New parents want their child to go to college. A 25-year duration would make certain education costs would be covered. 
• Mortgage – Homeowners purchase a 25-year term life insurance policy to cover mortgage payoff and as the mortgage balance decreases, the face amount can cover other family expenses.
• Flexibility and Affordability – 40-year-old who wants coverage until retirement age. 25-year term product would fit needs and offer savings when compared to a 30-year duration term solution.  
• Retirement – 60-year-old who needs coverage during years after retirement. Provides coverage amount greater than a typical final expense product to help cover funeral costs, estate taxes, etc.

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