New Lower Rates for Level Term Plans and Flex Whole Life Level Term Riders effective
June 3, 2019
New rates available for quoting and issue on June 3, 2019
New Business Submission and Pending New Business
• Effective June 3, 2019 SBLI will issue pending applications with new rates, if lower than
the originally quoted rates.
• New applications quoted prior to June 3, 2019 and received in the Home Office by
July 8, 2019 will be issued with the more favorable rates.
• New applications received July 8, 2019 and after will receive new rates.
Recently Issued Business
• Polices recently issued and are within 120 days of the exam date, may be considered for
reissue with the new rates provided the request is received in SBLI’s Home Office by
July 8, 2019.