|As Transamerica upgrades its main administration operating system, we have taken the opportunity to evaluate the product portfolio and determine what products continue to meet consumer needs,|
deliver sales at minimum production thresholds,
As a result of the review, we determined that the following products, which represent less than a combined 2% of overall production, are outdated and would not deliver the production to offset the cost of transitioning them to the new administration system. The products will be discontinued, effective June 6, 2015:
- ROP Rider on Trendsetter® Super 20
- ROP Rider on Trendsetter® Super 30
- Inherent ROP for Trendsetter® Super 20 in Florida
(Trendsetter® Super 20 without ROP is still available for sale)
- Inherent ROP for Trendsetter® Super 30 in Florida
(Trendsetter® Super 30 without ROP is still available for sale)
|Removing these products from our product portfolio will enable us to focus on designing more innovative and customer-centric products that better address consumer needs and can be incorporated into the new administration system.
Applications must be signed, dated, and received in good order in the Cedar Rapids administrative office by close of business on Friday, June 5, 2015.
We look forward to adding to our portfolio products that align with distributors and target markets, and are sustainable in today's environment and economic conditions.