SBLI - New Term Rates, Effective April 4, 2024

04-04-2024

SBLI is pleased to announce new, lower term rates available starting April 4, 2024, for both quoting and issued business. All non-nicotine risk class monthly term rates have been either reduced or maintained at their current levels.

New Business Submission and Pending New Business

• Effective April 4, 2024: SBLI will issue pending applications to benefit from the new rates.
• Applications received on or after April 4, 2024 will be eligible for the new rates.

Recently Issued Business

• Policies issued within the last 120 days of the issue date may be eligible for reissue at the new rates, provided the request is submitted to SBLI's Home Office by May 3, 2024.

Please give us a call at 800.792.6795 if you have any questions.