Transamerica Universal Life Alpha Review

Transamerica Universal Life Alpha product details

• Lifetime coverage: Your policy will provide lifetime coverage as long as a certain account value is maintained and premiums are paid
• Cash value growth potential: Your policy earns a steady stream of interest which will never be lower than 2% per annum
• Liquidity intact: You may withdraw or take a loan from your policy when needed, provided certain conditions are met
• Flexibility: You can decide the amount, within a certain range, and select the frequency that you would like to pay for your policy. You can decrease the amount of protection, i.e. the sum assured, and take money from your policy when needed, subject to the terms of the policy contract
• Transparency: You can refer to your annual statement for the interest credited to and the charges taken from your policy

Features of Transamerica Universal Life Alpha at a glance

Cash and Cash Withdrawal Benefits

Cash value: Yes
Cash withdrawal benefits: No

Health and Insurance Coverage

Death: Yes
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No

Health and Insurance Coverage Multiplier

Death: No
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No

Optional Add-on Riders

NA

Additional Features and Benefits

Yes.

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Before you go...

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