Portfolio Price Adjustments

Transamerica is committed to providing the flexible and versatile products today’s clients need. On May 6, 2017, the Trendsetter term product portfolio is being re-priced to comply with industry requirements. The new 2017 Commissioner’s Standard Ordinary (CSO) tables are being implemented on the portfolio. 

Please note that for California and New York changes are not being made at this time. The old premium rates, riders, and product specifications will remain in effect for the Trendsetter LB in California and the Trendsetter Super in California and New York. The Trendsetter LB is not available in New York.

For information regarding Puerto Rico click here.

Portfolio Updates

Key changes for the Trendsetter portfolio are listed below. Be sure to review all changes and additional information provided.

Trendsetter Super 2016 Trendsetter Super 2017
Issue Age Age Nearest Birthday Age Last Birthday
Riders
Accident Indemnity Issue Age- 18-65 Minimum Rider Amount- $10,000 Rate- No changes to rates
Children’s Insurance Rider Issue Age- 18-55 Rate- $5.83 per unit
Waiver of Premium Issue Age- 18-55 Rate- No changes to rates
Accidental Death Benefit Rider Issue Age- 18-55 Minimum Rider Amount- $2,000 Rate- No changes to rates
Children’s Insurance Rider Issue Age- 18-80 Rate- $6.00 per unit
Disability Waiver of Premium Issue Age- 18-55 Rate- No changes to rates
Income Protection Option (IPO) Discount Factor- 3.00% Discount Factor- 2.00%
YRT Available in All states Only available on NY

 

Trendsetter LB 2016 Trendsetter LB 2017
Risk Class Standard Express (NS/S) Removal of Standard Express (NS/S)
Riders
Accident Indemnity Issue Age- 18-65 Minimum Rider Amount- $10,000 Rate- No changes to rates
Children’s Insurance Rider Issue Age- 18-55 Rate- $5.83 per unit
Waiver of Premium Issue Age- 18-55 Rate- No changes to rates
Accidental Death Benefit Rider Issue Age- 18-55 Minimum Rider Amount- $2,000 Rate- No changes to rates
Children’s Insurance Rider Issue Age- 18-80 Rate- $6.00 per unit
Disability Waiver of Premium Issue Age- 18-55 Rate- No changes to rates

 

Living Benefit Coverage

Certain medical conditions will impact an individual’s eligibility for Living Benefits coverage and Transamerica reserves the right to decline Living Benefit riders or products based on an individual medical history.

The following are some conditions that are not eligible for Living Benefits coverage:

  • Parkinson’s;
  • Multiple Sclerosis;
  • Any ratable cancer history;
  • Cancers treated with Radiation and/or Chemo Therapy;
  • Any case rated higher than Table D or given a flat extra over $2.50 per thousand

**Underwriting reserves the right to rate the base policy, remove benefits, or offer a different product based on medical information obtained during the underwriting process.

Transition Rules

Please review the transition rules that were sent on April 25, 2017.

 

Corporate Headquarters:
604 Harper Avenue, Jenkintown, PA 19046 | P: 800.543.5555 / 215.517.4080 | F: 800.343.0804 / 215.517.4087

Miami Office:
3470 NW 82nd Avenue, Suite #670, Doral, FL 33122 | P: 800.683.3077 / 305.908.6700 | F: 800.343.0804

Securities offered through The Leaders Group, Inc. Member FINRA/SIPC 26 W. Dry Creek Circle, Suite 800, Littleton, CO 80120, 303-797-9080.

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