Printer-friendly versionPDF version

Transamerica has re-priced all Term products and there’s been a couple of positive changes to our Underwriting.

5 important new things you need to know:

1)      Lowered prices on all of term products.

2)      Increased the compensation on T20 to 50% (formerly 45%).

3)      Increased the maximum issue amount from $500,000 to $1,000,000 with Level Cost of Insurance(LCOI) for EstateAdvantage.

4)      Reduced renewal premiums on T20, new clients can benefit from more affordable renewal premiums.

5)      Updated Age & Amount requirements by replacing medical exams with paramedical and the elimination of ECG at certain ages and amounts.