Additional Details for Transamerica's Standalone LTCi Exit
Transamerica has announced additional details for its planned exit from the standalone LTCi marketplace in 2021.
For individual sales, all applications must be signed and received by Transamerica no later than Wednesday, March 31, 2021.
For new Multi-Life cases, all Service Group Request forms must submitted to Transamerica Transamerica no later than Wednesday, March 31, 2021. Multi-Life applications must be signed and submitted no later than Wednesday, June 30, 2021.
Whether business is submitted via the eApp or paper applications, it must be signed and received by Transamerica on or before the dates above - without exception.
Transamerica leadership is currently working on a FAQ document that will have more information about the transition, which should be released in the coming weeks.
