Transamerica is committed to providing the flexible and versatile products today's clients need. On May 6, 2017, the Trendsetter® term product portfolio is being re-priced to comply with industry requirements. The new 2017 Commissioner's Standard Ordinary (CSO) tables are being implemented on the portfolio.
Please note that for California and New York changes are not being made at this time. The old premium rates, riders, and product specifications will remain in effect for the Trendsetter LB in California and the Trendsetter Super in California and New York. The Trendsetter LB is not available in New York.
For more information regarding Puerto Rico click here.
Portfolio Updates
Key changes for the Trendsetter portfolio are listed below. Be sure to review all changes and additional information provided.
| Trendsetter Super 2016 | Trendsetter Super 2017 | |
| Issue Age | Age Neartest Birthday | Age Last Birthday |
| Riders | Accident Indemnity Issue Age- 18-65 Minimum Rider Amount- $10,000 Rate- No changes to rates Children's Insurance Rider Issue Age- 18-55 Rate- $5.83 per unit Waiver of Premium Issue Age- 18-55 Rate- No changes to rates |
Accidental Death Benefit Rider Issue Age- 18-55 Minimum Rider Amount- $2,000 Rate- No changes to rates Children's Insurance Rider Issue Age- 18-80 Rate- $6.00 per unit Disability Waiver of Premium Issue Age- 18-55 Rate- No changes to rates |
| Income Protection Option (IPO) | Discount Factor - 3.00% | Discount Factor - 2.00% |
| YRT | Available in All states | Only available in NY |
| Trendsetter LB 2016 | Trendsetter LB 2017 | |
| Risk Class | Standard Express (NS/S) | Removal of Standard Express (NS/S) |
| Riders | Accident Indemnity Issue Age- 18-65 Minimum Rider Amount- $10,000 Rate- No changes to rates Children's Insurance Rider Issue Age- 18-55 Rate- $5.83 per unit Waiver of Premium Issue Age- 18-55 Rate- No changes to rates |
Accidental Death Benefit Rider Issue Age- 18-55 Minimum Rider Amount- $2,000 Rate- No changes to rates Children's Insurance Rider Issue Age- 18-80 Rate- $6.00 per unit Disability Waiver of Premium Issue Age- 18-55 Rate- No changes to rates |
Living Benefit Coverage
Certain medical conditions will impact an individual's eligibility for Living Benefits coverage and Transamerica reserves the right to decline Living Benefit riders on products based on an individual medical history.
The following are some conditions that are not eligible for Living Benefits coverage:
- Parkinson's
- Multiple Sclerosis
- Any ratable cancer history
- Cancers treated with Radiation and/or Chemo Therapy
- Any case rated higher than Table D or given a flat extra over $2.50 per thousand
**Underwriting reserved the right to rate the base policy, remove benefits, or offer a different product based on medical information obtained during the underwriting process.
Transition Rules
Please review the transition rules that were sent on April 25, 2017.
New Illustration Software
Along with the Trendsetter portfolio revisions, we are pleased to introduce myTransWareSM, our browser-based product illustration platform that will be replacing TransWare over the next year.
myTransWare will be accessible from the Financial Professional website you access to conduct business with Transameria. myTransWare will support new products as they are made available for sale.
To learn more about using myTransWare to run your term quotes click here.
Trendsetter® Materials
Consumer Guide to Transamerica's Term Life Insurance
Consumer Guide to Transamerica's Trendsetter® Super Series
Consumer Guide to Transamerica's Trendsetter® LB
Term Life Guide for Insurance Professionals
Term Life Overview for Insurance Professionals
Have questions?
Please contact your Transamerica Sales Desk.