“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.