Planning Tips and Carrier News for Advisors 

TransCare III Important Updates

Posted by LTCI Partners | Jun 24, 2019 2:07:12 PM
Changes in CA, FL, DE, and HI
 
 
Transamerica
TRANSCARE® III IMPORTANT UPDATES
TRANSCARE® II TO BECOME EXCLUSIVE PRODUCT OFFERING IN CA, FL, DE, AND HI
Transamerica remains committed to you and to the long term care insurance market. As such, it's important we modify our long term care product offerings for some states.
Effective June 27, 2019, TransCare II will be our exclusive product offering in the states of California, Florida, Delaware, and Hawaii. This change will provide greater long-term pricing stability while allowing us to offer a valuable and competitive option for consumers in these impacted states.
As a result of the decision to exclusively offer TCII, all TransCare III applications signed in California, Florida, Delaware, and Hawaii will need to be received by Transamerica on or prior to June 27, 2019. Any TCIII applications signed in those states and received on or after June 28 will require new business to request a newly signed TCII application. The TCIII product will be unavailable after that date in those states.
Thank you for your business and your trust in Transamerica Life Insurance Company. If you have questions, please contact your sales desk.
 
 
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Individual long term care insurance policies are underwritten by Transamerica Life Insurance Company, Cedar Rapids, IA. Qualifying for benefits required. Product and options not available in all states. Policy features may be named differently depending on state. Exclusions and limitations apply. Policy ICC13 TLC-4 and Policy Series TLC 3-P 0313.

For Agent Use Only. Not for Use With the Public.

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4333 Edgewood Rd. NE, Cedar Rapids, IA, 52499, US




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© 2019 Transamerica
06/19
                                                           

Topics: Transamerica

Written by LTCI Partners

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