Monthly Modal Premium Factor Reduced in 5 Additional States

In addition to the 41 states that already have the lower monthly modal premium factor, on 10/11/19 the monthly modal premium factor changed from .095 to .0875 in an additional 5 states:
CT, DE, IN, ND, and SD.

This will affect new business and active policies retroactive to their effective date with a refund of premiums.

NGL Map: Recent Modal Premium Factor State Approvals

See our release announcement for additional information regarding:

  • Newly revised illustration software
  • Notification to active policyholders
  • Refund of premiums

Release Announcement

How to Learn More

Contact NGL’s Sales Support Team at (888) 505-2332 or