New Platinum Advantage GSI Rates Available in California

The new Guaranteed Standard Issue rates will be available in California effective Jan. 1, 2025. These updated rates are available to quote as of today, Oct. 31, for new groups with an effective date of Jan. 1, 2025, or later.

As a reminder, the new rates offer more pricing flexibility to compete in our target market with updated base rates for nonmedical occupations. We’ve also removed modal factor loads for monthly, quarterly and semiannual billing modes.

These rates are not yet available in South Carolina.

In-force groups with an original effective date prior to Jan. 1, 2025, will not be affected by the new rates. They will continue to use the prior rates for Platinum Advantage for all new hires. Renewal increases will continue to be processed using the individual’s existing product and rate version. This includes those written on a previous product, such as Protector Platinum^SM or Protector+^SM.

We’re focused on offering strong income protection solutions with competitive rates. Deliver more value to your clients with Platinum Advantage.

If you have questions about these changes, please contact your GSI regional director.

For Producers Only