Life Insurance With Living Benefits Transamerica

Transamerica living benefits lb overall issue ages.

Life insurance with living benefits transamerica.

Use this tool to see how expenses can add up should the unexpected happen. Policy value accumulation potential with basic interest account and index account options. Usually life insurance will pay between 25 100 of the total death benefit as a living benefit. Transamerica offers life insurance with living benefits through its new coverage called trendsetter.

Transamerica financial life insurance company harrison ny licensed in new york. Term life insurance options offered by transamerica. Term life insurance is generally the most basic type of life insurance protection but that doesn t mean that there aren t products with some bells and whistles for you. Index universal life insurance.

Life insurance with living benefits can help you when you need it the most helping to fill the gaps a health insurance policy doesn t cover especially non medical expenses such as a mortgage car groceries etc. Remember that you can use this benefit only once. More than four in five people say it would be very valuable for a financial professional to consider their health when building their financial strategy. Once you have taken the living benefit you won t be able to take it for another time.

Before we start let s learn about the history of transamerica. It is a new form of term life insurance in the market. Transamerica offers the following types of universal life insurance products. Federal income tax free death benefit.

Index universal life insurance offers flexible insurance premiums which may be allocated among a basic interest account and two index accounts. The difference for an additional 2 80 more a month a transamerica living benefits policy can not only provide you with a death benefit of cheap life insurance quote coverage but also pay cash benefits should you encounter a chronic critical or terminal illness. Insurance products and services are offered or issued by transamerica life insurance company cedar rapids ia. One such product is term life insurance coverage with living benefits and one example is called trendsetter lb offered by transamerica.

It s the essential protection your clients can count on no matter where life takes them. It is meant for holders that expect some challenges such as chronic illness in their later life. Full medical underwriting 250 000 2 000 000. Misuse of transamerica name in fraud schemes.

Our term life policies offer term periods ranging from 10 to 30 years separated by five year increments and can provide your family with financial protection anywhere from 25 000 up to 10 million and above based upon individual consideration. Guaranteed minimum interest rate or floor brings safety through guarantees 1. And transamerica casualty insurance company cedar rapids ia. Extend your value with transamerica s wide range of flexible insurance solutions.

Transamerica offers the choice of several term life insurance policies.