Term Insurance Policy Features

Transamerica Life Insurance Company and Transamerica Financial Life Insurance Company term life insurance coverage has the following policy features:

• Level death benefits - coverage remains level and in force as long as planned periodic premiums are made sufficient to cover policy costs.
• The policy can never be canceled by the company (except for non-payment of premiums, misstatement or fraud).
• Level annual premiums for the first 10 years for TransTerm 10, for the first 15 years for TransTerm 15, for the first 20 years for TransTerm 20, for the first 25 years for TransTerm 25 and for the first 30 years for TransTerm 30.**
• Association membership not required.
• An accelerated death benefit rider is included which advances a portion of the death benefits if the insured has been diagnosed with a terminal illness.
• Benefits are payable upon proof of death from any cause, any place in the world, subject to the policy terms (suicide excluded during the first two years).
• Issued by Transamerica Life Insurance Company, one of the largest life insurance companies in North America, in terms of life insurance in force. For nearly a century, Transamerica Life Insurance Company and its affiliates have been a leading provider of insurance and investment products for individuals and companies. Transamerica Life is a member of the Aegon Insurance Group, one of the leading life insurance and financial services organizations in the world.****
• Your spouse may also apply for coverage, can select any amount of coverage and apply even if you choose not to apply.