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Home : Life Insurance Products : Index Universal Life : TransIndex
TransIndexSM UL
TransIndex ULSM
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Protect your family while benefiting from enhanced policy value accumulation potential.
TransIndexSM UL is a flexible-premium index universal life insurance policy. This means that, like a traditional universal life insurance policy, you have death benefit protection with policy value accumulation potential. Unlike traditional universal life, TransIndex UL offers some exciting new features:
True Upside Potential
Your policy value accumulation potential is based, in part, on the movement of a single index—the S&P 500®. TransIndex UL also has a competitive interest rate cap, which means that you can maximize growth years by potentially capturing more of the upside Index change.
Solid Downside Protection
A zero-percent floor on your Index Account means that you're protected from down years in the Index.1
Real Flexibility
Flexible loan and withdrawal options on your policy value accumulation mean you can use your money to supplement retirement income, for college savings, or to meet unplanned expenses.2 In addition, you have the option of keeping some of your money in a Basic Interest Account with guaranteed interest crediting.
Recognized Dependability
You can feel secure that you're backed by Transamerica Occidental Life Insurance Company's 100-year history of first-rate service, financial stability, and high-quality products.
Please contact a Transamerica representative to learn how TransIndex UL can help you meet your objectives.
1 Guarantees are backed by the claims-paying ability of Transamerica Occidental Life Insurance Company.
2 Surrenders and face amount reductions may result in Company-imposed surrender penalties. Partial surrenders will lower policy values and may affect the death benefit. Outstanding loans will affect the death benefit and policy values. Poor performance of the Index and basic interest crediting at the minimum rate may affect policy values. Partial surrenders or other distributions may have adverse tax consequences. Clients must be urged to consult their tax advisors.
TransIndexSM UL is a nonparticipating, flexible-premium, interest-sensitive, permanent life insurance policy with index and basic interest features issued by Transamerica Occidental Life Insurance Company, Cedar Rapids, IA 52499. Policy Form #1-16011106, Group Certificate #2-16036106 for certificates issued under a group policy issued to the Rhode Island National Consumer Protection Trust. Policy form and number may vary, and this policy may not be available in all jurisdictions. In most states, in the event of suicide during the first two policy years, death benefits are limited only to the return of premiums paid. In Missouri, suicide is no defense to payment of benefits unless the Company can show that the insured intended suicide at the time of application for coverage. This policy does not purchase shares of stocks or shares of a stock index fund.
"Standard & Poor's®", "S&P®", "S&P 500®", "Standard & Poor's 500", and "500" are trademarks of The McGraw-Hill Companies, Inc., and have been licensed for use by Transamerica Occidental Life Insurance Company. TransIndexSM UL is not sponsored, endorsed, sold, or promoted by Standard & Poor's and Standard & Poor's makes no representation regarding the advisability of purchasing TransIndexSM UL.
OL 2132 0207
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