January 31, 2023 – Forbes Advisor selected Transamerica as a standout in the life insurance industry for reliable cash value policy illustrations. Transamerica’s reliable policy illustrations for cash value policies means a policyholder is less likely to be taken by surprise by cash value gains different than expected. Forbes Advisor also noted that cash value generally builds fairly well in the early years of Transamerica’s cash value policies, giving policyholders flexibility to take a policy loan or withdrawal earlier. These notable benefits led to Forbes Advisor selecting Transamerica as best for reliable life insurance policy illustrations.
Forbes Advisor also highlighted the benefits offered in the Trendsetter LB term life policy, including the ability to access the policyholder’s death benefit early to help pay for chronic or critical illness expenses. Forbes Advisor also noted policy’s the high maximum ages for renewing or converting qualifying term life insurance.