10 Year Group Term Life Insurance
COMPLETE BROCHURE

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 is Transamerica’s new term life insurance product to meet life’s changes — today and tomorrow.

With Trans Select 10, you can help to secure your family’s future if something happens to you or your loved ones. Buying life insurance is a decision that should not be put off. Prudent financial planning with Transamerica term insurance can help protect your family’s future and give you peace of mind.

Riders included with Base Coverage

  • Accelerated Death Benefit for Terminal Illness — We will pay a portion of the death benefit up to $100,000 maximum if the insured is diagnosed with a terminal illness, and still provide a benefit to the designated beneficiary.
  • Waiver of Premium Due to Layoff — Premiums will be waived up to 6 months if the owner is on strike or is involuntarily laid off.
  • Children’s Term Rider (employee elected)

Coverage Information and Issue Ages

Conversion
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

10 Year Term Period
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 years or until the expiration date, if earlier.

Guaranteed Issue Maximum

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

Minimum face amount is $5,000. Employee must purchase coverage in order for spouse and dependent children to purchase coverage.

** Trans SelectSM 10 is Group Term Life Insurance underwritten by Transamerica Life Insurance Company, Cedar Rapids, Iowa 52499. Premiums are guaranteed level for 5 years, then premiums may increase annually starting in year 6.

Forms and form numbers may vary, and this coverage may not be available in all jurisdictions. Limitations and exclusions may apply. Refer to the policy, certificate and riders for complete details.

Underwritten by Transamerica Life Insurance Company, Cedar Rapids, Iowa.

Guaranteed Issue
Guaranteed level rates for the first 10 years
Waiver of premium benefit if you are laid-off from work
Terminal illness benefit rider
Premiums paid through
convenience of payroll
deduction
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