Posted by (News from the American Life Insurance Guide Network 11/14/2019)Transamerica(American Life) Announced that its Trendsetter Super series of term life insurance products will start fromThe price will be reduced from November 2019, 11.For policyholders who meet a specific health rating, the maximum price cut is 30%.
( Transamerica company review ）
TransamericaReleased thisTerm life insuranceThe product provides 4 levels of health ratings, which are:
- Preferred Plus
- Preferred Nonsmoker
- Standard Plus
- Preferred Smoker
The price reduction is mainly reflected in policyholders with health ratings of Preferred and Preferred Plus. Compared with the cost of the old version of the product, the premium cost has been significantly reduced.
Product additional terms
The term life insurance provides standardAdditional terms for terminally ill payment in advance.Disability income clause.Accidental Death Compensation ClauseWaitRider, And provide the policyholder with the right to convert into whole life insurance.
Foreigners can apply
For those in the U.S.Insurance for foreigners(For non-US residents), Transamerica’s product provides an option for term life insurance.And canceled the minimum insurance limit of 100 million US dollars, And treated the same as American residents
BeautyChina Life Insurance GuideThe evaluation team agreed that this is a historic moment of change in the term life insurance market for foreigners.
Transamerica National Insurance Introduction
National Insurance Group, Is an American company holding multiple life insurance companies and investment companies, providing life and supplementary medical insurance, investment and retirement planning services.As of June 2019, 6, Transamerica’sTotal assets of $1303 billion, AMBest is rated as A.
> Click to visit the American Life Insurance Guide website aboutEvaluation and product introduction of Transamerica National Insurance
