Transamerica | Major Update: LTC and LB Riders are Back

January 4, 2021


As we look to the promise of a new year, we’re excited to announce, as of January 1, 2021, Transamerica will resume accepting applications with Long Term Care (LTC) and Living Benefit Riders (LBRs) for individuals ages 56–75, subject to normal underwriting requirements.*

Visit the COVID landing page for more updates and details related to COVID-19.

Stronger Together

Thank you again for your valued partnership and dedication. We’d like to share a few resources you can use to take advantage of this good news.

Use this chart to keep track of current underwriting guidelines.

Transamerica Underwriting Options and Procedures and FAQ

As a friendly reminder, we have maintained the updated nonmed requirements to help clients bypass traditional underwriting processes, which may speed the issuance of their policy.

If you have any questions, please call your dedicated sales desk.

* All IN-FLIGHT cases, or those not yet issued, will be eligible to add LBRs/LTC riders up to the time of issue with underwriter approval.

Riders are available at an additional cost. Riders and rider benefits have specific limitations and may not be available in all jurisdictions. Benefits paid under accelerated death benefit riders, including the Long Term Care Rider, will reduce the life insurance policy’s death benefit and policy value. For complete details including the terms and conditions of each rider and exact coverage provided, please refer to the riders.

Life insurance products are issued by Transamerica Premier Life Insurance Company, Cedar Rapids, IA, Transamerica Life Insurance Company, Cedar Rapids, IA, or Transamerica Financial Life Insurance Company, Harrison, NY. Transamerica Financial Life Insurance Company is authorized to conduct business in New York. Transamerica Premier Life Insurance Company and Transamerica Life Insurance Company are authorized to conduct business in all other states. All products may not be available in all jurisdictions.

For more information, contact a Pinnacle Financial Services representative today

1 (800) 772-6881 x7731 | sales@pfsinsurance.com

Contact a Pinnacle Representative if you have any questions.

1 (800) 772-6881


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