Transamerica Life Insurance Company
makes voluntary benefit choices simple
Thanks to significant investments in technology and support, consultants and producers are discovering the ease of streamlined enrollments, the advantages of products filed on a group benefit basis for multi-state employers, and a real commitment to personal attention for every case.
Voluntary Benefits that Change the Game!
Transamerica has risen to the challenge of today’s demanding employee benefits marketplace. Our comprehensive portfolio of voluntary and employer-paid group benefits, offered through their underwriting companies, gives you the range and quality of life and supplemental health insurance products needed to provide exceptional benefits and services for employers, employees and their families.
They offer fast set up, so you can enroll quickly.
Because employees choose to purchase these extra benefits for themselves, employers can offer them at no cost to the company. The employee gains access to benefits at a competitive cost, so everyone wins. Voluntary benefits are a valuable supplement to traditional medical insurance offering cash benefits to help with deductibles, lost income due to missed work and other expenses.
Transamerica makes policies easy to administer, with multiple employer-focused, enrollment options, smart online and phone claims processing and our focus on adaptability to employee needs. Employers know the best results in business come from an engaged, satisfied workforce. Voluntary benefits work hand-in-hand with competitive compensation packages to help recruit and retain the best people for the job.
Accidents and injuries can happen at any place at any time. A reduction of stress can lead to a speedier recovery. With health plans having deductibles of $1,000 or higher, this insurance can help offset the medical deductible. Accident insurance can help you pay for medical bills and other out-of-pocket expenses that often arise after an unexpected injury.
This product is designed to provide benefits to help pay for the costs of cancer treatment. This policy can help pay a variety of expenses associated with cancer care, including chemotherapy and radiation, surgery, hospital confinement, transportation and lodging. With this supplemental benefit, you’ll not only have more resources to cope with any future diagnosis of cancer, but you’ll also have wellness benefits to help you detect cancer early when it’s most treatable.
A critical illness insurance policy can help you pay the costs associated with the initial diagnosis of hearth attack, stroke or other serious illness. The policy provides a lump sum payment to help pay for expenses, including deductibles, co-pays, child care, credit card bills and travel for medical treatment. A critical illness insurance policy lessens the financial strain a major illness can create so you can focus on recovery.
Are you financially prepared if an unexpected illness or accident causes you or one of your family members to spend one day, two days or longer in the hospital? Recovering from a serious illness or accident is difficult enough without having to worry about the added financial stress of being in the hospital. You can help protect yourself with a product that pays benefits for expenses that arise if you or a covered family member end up in the hospital.
Life insurance will help you obtain peace of mind and provide for your loved ones. To meet your needs, we offer Term, Whole and Universal life insurance.
If you pass away or an unexpected death occurs in your family, our life insurance products can:
- Protect your current income and assets, including mortgage
- Pay off your estate’s final taxes and expenses
- Insure your children and grandchildren’s educational future
- Pay off credit cards and other debt
Offering simplicity and vital protection, Term Life Insurance provides a fixed benefit for a specified number of years at a set premium and helps give you the peace of mind that comes from knowing you have taken steps to protect your loved ones.
Whole Life Insurance requires no guesswork and has no surprises. Your death benefit will not decrease, your premiums will never increase, and cash value will accumulate over time. If all premiums are paid when due, your policy will remain in force until maturity.
Universal Life (UL) insurance products are competitively priced policies with flexible premiums that combine protection with the ability to grow cash value. To help to protect a secure financial future, these policies have a specified death benefit, plus the opportunity to tailor coverage to fit personal situations and family needs, including the potential for tax-deferred cash value accumulation.
Studies show that just over 1 in 4 of today’s 20 year-olds will become disabled before reaching age 67. Short Term Disability Income insurance helps replace up to 60% of your salary if you are unable to work because of a disability, and you can select the amount you want to buy in $100 increments.