RESOURCES
Help When You Need It
Helping people protect their loved ones is a rewarding journey, but you may encounter questions along the way. That's why we've put together a collection of resources to help you every step of the way.
Advanced Markets
Individual Planning With Life Insurance
The right life insurance policy can provide far more than a simple death benefit — even serving as a foundation for your clients’ overall financial plan.
Advanced Markets Homepage
Meet our experienced Advanced Markets team and discover how Advanced Markets concepts can help you grow your business.
Small Business Planning with Life Insurance Page
Visit the Small Business Planning landing page to learn new ways to support your small business clients with life insurance solutions.
Foreign Nationals Landing Page
Have clients that are not US citizens? Visit the foreign nationals landing page to learn how you can help these key consumers.
Helpful Documents
Whether you're just starting out or have years of experience, these documents will help keep you on track.
Getting Paid
We're here to help you grow your book of business. Getting paid without delay is an important part of that. Generally, the more diligent you are with application accuracy, the quicker you'll get paid.
Advance Criteria
Advance Criteria
Transamerica pays 40% upon submit when all advance criteria are met and 60% when all delivery requirements are met (signed Policy Delivery Receipt, Amendments, Illustration and other New Business requirements, as applicable).
40% - FIRST Advance
The following criteria must be met to ensure advance will be paid at policy submission:
- All signatures
- Full product name
- Full modal premium paid
- Conditional receipt signed and submitted
- Correct state application
- Pay forms
- Disclosure forms
- All other required forms
60% - SECOND Advance
The following criteria must be met to ensure the Second Advance will be paid:
- Delivery Requirements Include:
- Signed Policy Delivery Receipts
- Illustrations Signed Numeric Summary page
- Amendments if Included
- Amendments Statement of Good Health
- IUL - No 2nd Advance paid if delivery requirements are not received within 90 days of mail date
- Term - No 2nd Advance paid if delivery requirements are not received within 60 days of mail date
No Advance Rules
Any of the following situations will result in no commission advancing:
- Personal business – writing or split agent is the owner/insured/payer
- Monthly direct premium bill
- Minimum No Lapse Premium not met
- Writing or split agent is not licensed at the time of the sales
- No commissions of any kind are payable for a policy that replaces, exchanges, or terminates another in-force policy of the company or of any other affiliated life insurance company of Aegon USA, Inc. unless such replacement is accomplished in accordance with company rules in effect at that time.
Products Eligible for the 40/60 Advance
Products Eligible for the 40/60 Advance
Transamerica Life Insurance Company
Transamerica Financial Foundation IULSM
Trendsetter® Super Series
Trendsetter® LB
Lifetime Whole Life
Final Expense
Transamerica Financial Life Insurance Company
TFLIC Financial Foundation IULSM
Knowledge Place
Whether you’re interested in money matters or manage finances for a living, The Knowledge Place is where you’ll find helpful articles on how to create better financial outcomes.
The Tax Benefits of Cash Value Life Insurance
Some forms of permanent life insurance policies feature a cash value savings component that may offer tax advantages you might not have considered.
A Millennial Perspective on Caregiving
Financial professionals need to know if their younger clients are, or will become, caregivers, and they should make clients aware of the possible challenges ahead.
Why Homeowners Want Mortgage Life Insurance
Mortgage protection insurance is a type of term life insurance designed to take care of your mortgage, so loved ones won’t have to worry about paying it off.
For agent use only. Not for use with the public.