1. Legal & General Who we are, what we do Kristin Weldon
Internal Wholesaler
Legal & General America

2. Legal & General A History that is more than 182 years strong.
Founded in 1836 in London, by a group of 6 Lawyers.
Legal & General America is born
1981 Legal & General Group bought GELICO ( Government Employees Life Insurance Company) in an effort to expand outside of the UK
1983 GELICO name was changed to Banner Life
1989 William Penn was purchased to conduct business in New York
LGA Underwrites and Issues policies as Banner Life and William Penn. Since LGA has marketed under a single name, Legal & General America.

3. Legal & General
Our parent company, Legal & General Group Plc is a top 10 global asset manager and is the seventh largest insurer in the world according to A.M. Best.
Standard & Poor and A.M. Best recognize Legal & General Assurance Society Limited as one of the UK's top rated companies for financial strength.
Financial Strengths:
A+ (Superior) from A.M. Best AA- (Very Strong) from S&P AA- (Very Strong) from Fitch 94 COMDEX score

4. “NINETY percent of our international focus is on the U. S
“NINETY percent of our international focus is on the U.S. The OPPORTUNITY is so great.”
Nigel Wilson
CEO, Legal & General Group

5. Legal & General Portfolio
Term Insurance (OPTerm) sold primarily through a BGA distribution.

6. Term Durations for OPTerm6
Term Durations for OPTerm
OPTerm comes in 5 different durations
OPTerm 10 issue ages for Both Banner and William Penn
OPTerm 15 issue ages for Banner and for William Penn
OPTerm 20 issue ages for nontobacco and for tobacco with Banner
issue ages for nontobacco and for tobacco with Penn
OPTerm 25 issue ages for nontobacco and for tobacco with Banner
issue ages for nontobacco and for tobacco with Penn
OPTerm 30 issue ages for nontobacco and for tobacco with Banner
issue ages for nontobacco and for tobacco with Penn
Conversion privileges:
Full term period, up to attained age 70
Policies issued age 66 and up are convertible for 5 years

7. 7
Riders
Accelerated Death Benefit Rider (Terminal Illness)- qualifying condition, 12 months or less left to live. Access to 75% of face amount up to 500k. All states except CT.
Child Rider - issue ages 15 days to 17 years. No Underwriting. Policy will fall off when the parents reach attained age 65, or child attains age 25 –convertible for 31 days after- up to 5x face amount. Max amount per parent is 10k. Total max amount per child is 20k. 1 premium covers all children. All states except NY.
Term Riders - ladder onto a longer base plan all or any one of the 3 following durations: OPT 10, OPT 15, OPT 20 . Riders have the same owner, bene, and purpose as base policy. Term Riders have different issue ages than the base plans. Riders are convertible and portable and fall off automatically after their duration. All states. We do not charge the $60 policy fee to the Riders.
Opt 10 Rider: 20-60
OPT 15 Rider: 20-55
OPT 20 Rider: 20-50
Waiver of Premium- issue ages Runs through age 65. If qualified, premiums will be waived as long as the insured remains fully disabled. If disability occurs before insured is attained age 60, we will waive premiums and auto convert to a product of our choice. If disability occurs age 61-65, we will only waive premiums through age 65. All States. .

8. 8
L&G portfolio
OPTerm
2. A-LIST Term
3. LifeStep UL

9. 9
Microsites
Microsites are dedicated web-based resources that do not require a log-in. They are accessible on any device that has internet access. All material is up to date accurate regarding subject matter and rates.
Underwriting:
* Contains the field guide
AppAssist:
Term:
*Our latest rates are from

10. AppAssist Tele-Application process from Legal & General America10
AppAssist
Tele-Application process from Legal & General America
We carry the administrative burden
We have a dedicated Underwriting and New Business Team who work directly with the client
Unique URL- preferred method of submission

11. APPcelerate Available through AppAssist only Ages 20-5011
APPcelerate
Available through AppAssist only
Ages 20-50
PPNT, PNT and SPNT only
Not available in AK, HI, CT
20-40 up to 1 mill
41-45 up to 750k
46-50 up to 500k
*Never guaranteed

12. Consumer Material 12
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13. Consumer Material 13
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14. Questions?

15. DISCLOSURE
Legal & General America life insurance products are underwritten and issued by Banner Life Insurance Company, Urbana, MD and William Penn Life Insurance Company of New York, Valley Stream, NY. Banner products are distributed in 49 states and in DC. William Penn products are available exclusively in New York; Banner does not solicit business there. The Legal & General America companies are part of the worldwide Legal & General Group.