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Jeanne Desilets
(213) 741-7618

TRANSAMERICA OCCIDENTAL LIFE LAUNCHES NEW 30-YEAR RETURN OF PREMIUM TERM LIFE INSURANCE PRODUCT

LOS ANGELES (Aug. 1, 2006) – Transamerica Occidental Life Insurance Company (TOLIC) has introduced a 30-year return of premium (ROP) term life insurance policy. Backed by TOLIC's solid foundation of financial strength and more than 100 years of commitment to customers, the new ROP policy offers the advantage of "age-last-birthday" pricing.

Trendsetter^® ROP 30 is a level-death-benefit term life insurance policy guaranteed renewable to age 95. The premiums are guaranteed level for the first 30 years and thereafter increase annually until age 95.

ROP cash values begin in year six and increase each year to 100 percent of the eligible premium at the 30th anniversary. Trendsetter ROP 30 refunds the client's eligible paid premiums (excluding substandard risk class, rider premiums, and outstanding loans and their associated accumulated interest charges) at the end of a 30-year level-premium period. If a policy is canceled after year six, the policy refunds a portion of the eligible premiums paid to date. Returned premiums are income tax-free.

TOLIC is one of a few companies offering "age-last-birthday" pricing on ROP term. This feature creates a price advantage for clients who are within six months of their next birthday. Issue ages for both smokers and nonsmokers are from 18 to 50.

"To help clients meet their financial needs, our new ROP term life insurance policy offers several advantages over traditional term life insurance in the form of cash back, loan options or a reduced paid-up policy," said Bill Tate, TOLIC's Senior Vice President and Chief Marketing Officer. "Trendsetter ROP 30 can provide the means for mortgage protection or business-succession planning with a cash return at the end of the term."

Trendsetter ROP 30 can be converted, without any further evidence of insurability, to a universal life insurance policy before the earlier of the 30th policy anniversary or the insured's 70th birthday (75th for preferred plus risk class).

About Transamerica

Transamerica Insurance & Investment Group—a marketing unit for Transamerica Occidental Life Insurance Company and its affiliates—offers an array of innovative financial services and products designed to help individuals, families, and businesses build, protect, and preserve their assets. Many of these products and services are underwritten by Transamerica Occidental Life Insurance Company or its affiliated statutory insurance companies, and include term life insurance, universal life insurance, variable universal life insurance, and fixed annuities.

Transamerica Occidental Life Insurance Company is rated A+ (Superior), the second highest of 16 ratings by A.M. Best, Aa3 (Excellent), the fourth highest of 21 ratings by Moody's, and AA (Very Strong), the third highest of 21 ratings by Standard & Poor's (ratings as of July 2006).

Transamerica Occidental Life Insurance Company is a member of the AEGON Group, a multinational insurance organization headquartered in The Hague, the Netherlands. The AEGON Group is one of the world's leading life insurance and financial services organizations.

For more information about Transamerica, visit www.transamerica.com.

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