2. WHOLE LIFE INSURANCE FROM TRANSAMERICA PREMIER LIFE INSURANCE COMPANY
OFFERS A UNIQUE COMBINATION OF:
• Permanent life insurance protection.
• Cash value accumulation.
• Guarantees.1
• Tax advantages.2
These differentiate it from most other types of financial products. A whole life policy can be a flexible financial
asset that may help you effectively address different financial needs during various stages of your life.
FEATURES OF PERMANENT LIFE INSURANCE PROTECTION
Introducing Dynamax® – an interest sensitive, whole life insurance solution from Transamerica Premier Life
Insurance Company that combines the best features of permanent life insurance protection.
PERMANENT LIFE INSURANCE PROTECTION
Dynamax is designed to provide permanent life insurance protection. When a claim is approved, the beneficiary
will receive the policy face amount subject to any unpaid loans which will cause a reduction in the cash value
and death benefit.
CASH VALUE ACCUMULATION
In addition to guaranteed cash value, your policy may also earn excess interest. When excess interest is
calculated and applied to your policy, both the death benefit and the cash value increase, with no increase in
premium. As the cash value grows, so does the amount of permanent life insurance in your policy. Excess interest
can be applied and used to purchase additional paid-up whole life insurance.
GUARANTEE
Whole life insurance provides two fundamental guarantees:
• A guaranteed level death benefit (guaranteed face amount).
• A guaranteed level annual premium and premium payment period.
A FEDERAL INCOME TAX-FREE DEATH BENEFIT
The death proceeds of a whole life policy are generally received federal income tax-free by the beneficiary.2
TAX-DEFERRED CASH VALUE GROWTH
Policy cash values, including the cash value of any paid-up additions, accumulate on a tax-deferred basis.
3. RIDERS AVAILABLE:
WAIVER OF PREMIUM RIDER
Premiums will be waved in the event of total
disability, before the policy anniversary following
the insured’s age 60 and after the total disability
has continued uninterrupted for 180 days. Premiums
will continue to be waived for the duration of the
total disability.
CHILDREN’S TERM RIDER
Provides life insurance on the children of a base
insured. Each unit is equal to $1,000 of level term
insurance, which expires at the child’s age 25 or
the anniversary following the insured’s age 60,
whichever occurs first. If the base insured dies
before the children, the rider will automatically be
changed to a paid-up term life insurance policy for
$1,000 per unit.
DEPOSIT FUND
Deposit Funds are used to automatically pay
premiums that are past due so that the policy
will not lapse. Deposits can be made in amounts
greater than $10.00 each. Total and partial
withdrawals may be elected. The Deposit Fund
rider has a total maximum amount that can be
deposited that can vary by state, but will never be
allowed more than twice the face amount of the
policy. It also can’t have more than the premiums +
10% of the face deposited per year.
ACCIDENTAL DEATH BENEFIT RIDER
Accidental Death Benefit Rider pays an additional
death benefit if the insured dies as a result of
an accidental bodily injury as defined in the
rider. Death must occur within 120 days from
the accident and before age 70 of the insured.
The insured cannot be engaged in hazardous
occupations, as determined by the Company.
DYNAMAX SINGLE PREMIUM
Provides a paid up life insurance benefit for the
base insured that accumulates cash value. The
funds deposited, when applied as a single premium,
determines the amount of life insurance that can
be purchased.
MULTIPLE COVERAGE
This includes Waiver of Premium, Accidental Death
Benefit, Dismemberment Benefit and Common
Carrier Benefit. (Not available in CA)
ACCIDENTAL DEATH BENEFIT
An additional death benefit amount equal to the base
face amount will be paid in the case of accidental
death as defined in the policy after the Insured’s age
+ six months and prior to the policy anniversary next
following the Insured’s 70th birthday or the expiry
date of the policy, if earlier.
DISMEMBERMENT BENEFIT
Half the base face amount is paid for the loss of one
hand or one foot prior to the policy anniversary next
following the Insured’s 70th birthday or the expiry
date of the policy, if earlier. The base policy amount
is paid and all future premiums are waived for the
loss of both hands or feet, or one hand and one foot,
or the sight of both eyes.
Q:
Why should I choose Transamerica Premier Life?
When planning for the future of those you love, rely on someone you
know will be there – today and tomorrow. Whole life insurance from
Transamerica Premier Life Insurance Company is backed by over a
century of strength, stability, experience and protection. While your
family is depending on you, you can depend on Transamerica Premier
Life Insurance Company.
4. 1
Guarantees are based on the claims paying ability of Transamerica Premier Life Insurance Company.
2
Transamerica Premier Life Insurance Company and its agents and representatives do not give investment recommendations, tax, or legal advice. This material and the concepts presented
are for information purposes only and should not be viewed as an investment recommendation, tax, or legal advice. Any investments, tax, or legal advice you may require should be
based on your particular circumstances and should be obtained from an independent professional advisor.
Dynamax® is a whole life insurance policy issued by Transamerica Premier Life Insurance Company, Cedar Rapids, IA. Policy Form No. J05110. Policy form and number may vary, and this
product may not be available in all jurisdictions. Insurance eligibility and premiums are subject to underwriting. 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.
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When it comes to preparing for their future,
there’s no time like the present.
Let’s get started today.
Visit: transamerica.com
