More competitive for preferred no nicotine risk classes.
 
Pacific Life
Pacific Life Insurance Company

Pricing Improvements!

Pacific Life recently repriced PL Promise Term life insurance rates to be even lower.

PL Promise Term is Pacific Life’s product specifically designed to serve the death benefit protection needs of the broad market consumer (household incomes of $50K to $250K).


Pricing Sweet Spots²

  • Top 3 for 98% of preferred no nicotine risk classes (Preferred Best, Preferred, Select) across all terms, faces, ages, and genders
  • Top 3 for 98% of all Preferred No Nicotine risk class combinations for 25- and 30-year terms
  • Top 3 for 100% of Preferred No Nicotine rate class combinations for face amounts less than $100K
  • Top 3 for majority of combinations, including 88% of all no nicotine rate class combinations across all terms, face amounts, ages, and genders and 100% for $500K face or higher and ages 45 and older


Pricing Matters, But Consider The Whole Term Package!

Yes, we’re even more competitive. But price isn’t the only thing to consider. Before you decide on a carrier based on a few pennies difference, ask yourself if the carrier offers value-added features to help you build a sustainable business.
Up to $2 Million Accelerated and Fluidless Underwriting
Time-Saving eCapabilities
Strong Brand Power
Competitive Conversion Product³
Flexible Policy Riders⁴
Online Health History

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or LynInternalSales@PacificLife.com
1 PL Promise Term is level premium term life insurance. Policy Form #P16LYT or ICC16 P16LYT and S16LYT10, S16LYT15, S16LYT20, S16LYT25, or S16LYT30, based on level premium period chosen and state of policy issue.

2 As applicable, comparisons based on quinquennial ages from 20 through 80 for term periods 10, 15, 20, 25, 30; all 5 face bands from $50K+; all 6 risk classes (Preferred Best No Nicotine, Preferred No Nicotine, Select No Nicotine, Standard No Nicotine, Preferred Nicotine Use and Standard Nicotine Use); and both annual and monthly payment modes. Competitive Positioning of non-affiliated companies as of 9/9/2021 CompuLife: AIG Select-a-Term (16901), American National Insurance Company (ANICO) Signature Term (ART12), Banner Life Insurance Company OPTerm (ICC18-OPTC), Equitable Brightlife Term (156-LT), John Hancock Protection Term (TL22), Lincoln LifeElements Level Term (TRM6063), Lincoln TermAccel Level Term (TRM6069), MassMutual Haven Term (17DTC), Nationwide Guaranteed Level Term (NWLA-490), North American ADDvantage Term (LS174), North American Classic Term (LS188), Protective Classic Choice Term (UL-22), Prudential Term Essential (PLTIC-2016), Symetra SwiftTerm (ICC20_LC1), Symetra Term 4.0 (ICC16_LC1), Transamerica Trendsetter Super (TL22 0417), United of Omaha Term Life Answers (6181L-0696). Pacific Life PL Promise Term (ICC16 P16LYT) rates are effective 9/27/2021.

3 PL Promise Conversion UL Universal Life Insurance with No-Lapse Guarantee available upon conversion from PL Promise Term Life Insurance. Policy Form #P17LYCUL or ICC17 P17LYCUL, based on state of policy issue. There are circumstances in which converting the client’s existing life insurance or annuity can benefit the client. As a life insurance producer it is your responsibility to provide your client with detailed information as to how a conversion may affect the client’s plan of insurance. Clients should be advised to make a careful comparison of the costs and benefits of the existing policy and the proposed policy to determine whether conversion is the right decision for the client.

4 Rider will incur additional charges and is subject to availability, restrictions, and limitations. Clients should be shown policy quotes with and without riders to help show the rider’s impact on the policy’s value. Accelerated Death Benefit Rider (form # R16LYTIR or ICC16 R16LYTIR), Waiver of Premium Rider (form #R16LYPW or ICC16 R16LYPW), and Children’s Level Term Insurance Rider (form #R18LYCT or ICC18 R18LYCT). Rider form #s based on rider and state of policy issue.
The primary purpose of life insurance is to protect the policy beneficiaries from the adverse financial consequences of the insured’s death.

This material is intended for Financial Professional use only. Not for public distribution. 

This email may be considered advertising under applicable law.

Pacific Life is a product provider. It is not a fiduciary and therefore does not give advice or make recommendations regarding insurance or investment products.

Life insurance is subject to underwriting and approval of the application and may incur monthly policy charges.

Pacific Life Insurance Company is licensed to issue insurance products in all states except New York. Product/material availability and features may vary by state. Insurance products and their guarantees, including optional benefits and any crediting rates, are backed by the financial strength and claims-paying ability of the issuing insurance company. Look to the strength of the life insurance company with regard to such guarantees as these guarantees are not backed by the broker-dealer, insurance agency, or their affiliates from which products are purchased. Neither these entities nor their representatives make any representation or assurance regarding the claims-paying ability of the life insurance company.

Pacific Life Insurance Company's Home Office is located in Newport Beach, California.
21-VER-60
EM-50920-00  10/21
This email was sent by Pacific Life - Broad Market from 700 Newport Center Drive, Newport Beach, CA 92660 United States.

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