10 or 20 Year Term Life Insurance

If Something Happens to You, Is Your Family Ready for Tomorrow?

There is no way to know what will happen tomorrow, but there is a way to help protect your family against the unexpected, Trans SelectSM 10 or 20 is Transamerica’s new term life insurance product to meet life’s changes - today and tomorrow.

At the end of each term, the coverage will automatically renew unless cancelled by the owner. The new premium rate, based on the attained age of the insured and the death benefit, will be presented. The premium change will occur on the group renewal date. Subsequent term periods are 10 or 20 years (depending on the product selected) until the expiration date, if earlier.

Accelerated Death Benefits for Long-Term Care

TransSelect also comes with a Long-Term Care Rider. To learn more about how this Rider works, click the image below.

LTC Rider

Riders included with Base Coverage

  • Accelerated Death Benefit for Terminal Illness
  • Accelerated Death Benefits for Long-Term Care
  • Children’s Term Rider (employee elected)

Coverage Information and Issue Ages

The owner of the term insurance may elect to convert the base coverage to whole life insurance within 31 days of termination under the policy.

Issue Ages

Employees 20 year term 16 – 65
Spouses 20 year term 16 – 65
Child(ren) Child term insurance rider dependents age 15 days through age 25

Guaranteed Issue Maximum

Employee $100,000
Spouse $15,000
Child(ren) Child Term Rider – $10,000

Guaranteed Issue
Guaranteed level rates for the first 10 or 20 years
Waiver of premium benefit if you are laid-off from work
Terminal illness benefit rider
Premiums paid through
convenience of your personal checking account
Renew coverage after inital term without providing medical history
Spouse Coverage
Child coverage
through age 25
You can take it with you if you change employers or retire