Son's of Norway's pricing change...

Ok, I just ran rate comparisons with Gerber. SofN is still the lowest, but up until about age 70, the difference is insignificant. The difference is more significant above age 70 (very significant at age 80). Also Sons still offers through age 85, as well as ages under 50..

I ran the following just for $5k since that's where the Sons app defaults to:

Age 50 male: Sons $21.36; Gerber $22.50
Age 50 female: Sons $16.58; Gerber $25.99

Age 60 male: Sons $31.58; Gerber $32.40
Age 60 female: Sons $23.01; Gerber $25.99

Age 70 male: Sons $49.52; Gerber $50.05
Age 70 female: Sons $35.43; Gerber $38.23

Age 75 male: Sons $62.64; Gerber $70.22
Age 75 female: Sons $45.84; Gerber $54.54

Age 80 male: Sons $75.76; Gerber $124.12
Age 80 female: Sons $58.01; Gerber $88.64

Age 85 male: Sons $119.97
Age 85 female: Sons $86.86


Has Gerber issued their new rates already?
 
Has Gerber issued their new rates already?
As far as I know, the only rates they've changed recently are for the Grow Up plan. They had already raised the GI rates within the past year or two, so hopefully they're leaving those alone.
 
As far as I know, the only rates they've changed recently are for the Grow Up plan. They had already raised the GI rates within the past year or two, so hopefully they're leaving those alone.
If it wasn't during this calendar year, it is highly unlikely they still need to reprice to be compliant unless they were already using the much, much lower non-forfeiture interest rates issued by the regulators, etc
 
Ok, I just ran rate comparisons with Gerber. SofN is still the lowest, but up until about age 70, the difference is insignificant. The difference is more significant above age 70 (very significant at age 80). Also Sons still offers through age 85, as well as ages under 50..

I ran the following just for $5k since that's where the Sons app defaults to:

Age 50 male: Sons $21.36; Gerber $22.50
Age 50 female: Sons $16.58; Gerber $25.99

Age 60 male: Sons $31.58; Gerber $32.40
Age 60 female: Sons $23.01; Gerber $25.99

Age 70 male: Sons $49.52; Gerber $50.05
Age 70 female: Sons $35.43; Gerber $38.23

Age 75 male: Sons $62.64; Gerber $70.22
Age 75 female: Sons $45.84; Gerber $54.54

Age 80 male: Sons $75.76; Gerber $124.12
Age 80 female: Sons $58.01; Gerber $88.64

Age 85 male: Sons $119.97
Age 85 female: Sons $86.86

I don't write Gerber, but I do replace them.;)
 
My Gerber clients are there for a reason. They won't be easily replaced. For that matter, none of my clients will be easily replaced. I'll wrassle ya for 'em!
womp-takedown.gif

Wouldn't even attempt replacing your business, fools errand... however if I could just replace one small one, I'd frame it and put it in my office. Need the bragging rights! :laugh:;)
 

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