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“Transamerica Long Term Care Update: State of Connecticut Pricing Revision for TransCare® II
Transamerica Life Insurance Company remains committed to you and to the long term care insurance market. As such, it’s important that we modify our premium rates for new TransCare II business to reflect actual claims experience by policyholders. These rate changes will also maintain consistency in our pricing across our product portfolio which will allow Transamerica Life Insurance Company to remain highly competitive within the marketplace.
These refreshed rates are exclusively for new sales of TransCare II in the state of Connecticut and will become effective 7 a.m. CT October 31, 2017. ”
More information, including transition guidelines, can be found here.
Select-a-Term, AIG’s flagship product, just got even more competitive! Check out our new market-leading rates (durations of 15 years and more, and $250,000-plus face amounts) and other great enhancements. Help your clients Choose Wisely and protect them from the unexpected. Check out all the improvements here.
Lincoln will be updating their term conversion guidelines for new business effective September 12, 2016. Products and commissions will both be impacted… GET DETAILS