Table of contents

Accident InsuranceRetiree Medical Insurance
Cancer Insurance Supplemental Medical Expense Insurance
Critical Illness InsuranceTerm Life Insurance
Hospital Indemnity InsuranceUniversal Life Insurance
Long-Term Disability InsuranceWhole Life Insurance
Short-Term Disability Insurance 

Group Benefits Disclosure Policy

 

Transamerica Employee Benefits (TEB) is a unit of Transamerica Life Insurance Company and Transamerica Financial Life Insurance Company (collectively “Transamerica”).  Transamerica markets and administers voluntary insurance benefits through a network of independent insurance agents who are appointed to sell Transamerica products and those of other carriers. Agents receive various forms of compensation from Transamerica for the sale and servicing of its policies. Transamerica’s compensation arrangements with its agents are conducted with honesty, fairness, and integrity. Transamerica realizes that having trusted relationships with its agents and customers is essential.  In order to ensure that this trust continues, and to address agent compensation issues within the insurance industry, Transamerica has outlined its policy on agent compensation below.

Transamerica’s policy supports transparency and full disclosure of agent compensation to our customers and prospective customers. In addition, we have put controls in place to facilitate this disclosure and obligate our agents to disclose compensation information to customers in the following situations: 1) when asked by a customer; 2) when receiving both a fee from the customer and compensation from Transamerica; and 3) when otherwise required by law. Agents must comply with all applicable laws in the sale of Transamerica products, including any pertaining to the disclosure of compensation information.

The Group Benefits Compensation Disclosure Notice (below) of Transamerica Employee Benefits describes the various means by which agents may be compensated for the sale of Transamerica products.  It is the responsibility of your agent to share specific information with you concerning his or her compensation arrangements with Transamerica.  Accordingly, please direct any compensation disclosure questions directly to your agent.

COMPENSATION DISCLOSURE NOTICE TO ALL POLICYHOLDERS

Agents who sell and service our products are paid a commission.  It varies by the type of insurance policy sold and the state where the policy was sold, and is based on a percentage of the premium received in the first year, and at policy renewal.  Agents may receive advances or loans against anticipated commissions for cases sold or to be sold.  These advances may or may not require the payment of interest, depending on the agent’s total business and historical experience with TEB.

Agents may receive other compensation from TEB in the form of cash or non-cash awards or prizes based upon a variety of factors that may include the level of premium written or earned, persistency and growth of premium or other performance measures.  Agents who manage, supervise or recruit other agents or wholesale our products and services to other agents may receive commission overrides on business that results from their efforts.

Some of our agents may receive additional payments for providing services in connection with the administration of our products.  Fees for such services may be calculated on a per policy or per certificate basis or upon the premium volume associated with a specific case.  TEB may additionally reimburse these agents/administrators for certain expenses, such as the cost of mailings.

Agents may occasionally obtain exclusive rights to market TEB products or services to agents, employers, employee or member of associations or unions.  Certain groups or associations may also agree to endorse TEB’s products to their members.  TEB may pay a fee for these exclusive marketing rights or endorsements.  Se your proposed policy documents or other policy certificate package for more information on any such arrangement. 

Accident Insurance

 

Transamerica Accident InsuranceSM

This is a brief summary of Transamerica Accident InsuranceSM AC11, underwritten by Transamerica Life Insurance Company (TLIC), Cedar Rapids, Iowa. TLIC is not an authorized insurer in New York. Policy forms TMAC1100-1220 or TCAC1100-1220. Forms and numbers may vary. This insurance may not be available in all jurisdictions. Limitations and exclusions apply. Refer to the policy, certificate, and riders for complete details.

EXCLUSIONS AND LIMITATIONS

We will not pay benefits for any accident that is caused by or occurs as a result of any of the following:

  • Driving any taxi (including ride share programs such as Uber and Lyft) for wage, compensation, or profit;
  • Mountaineering, parachuting, or hang gliding;
  • Voluntarily taking, administering, absorbing, or inhaling poison, gas, or fumes;
  • Alcoholism or drug addiction;
  • Participating in any sport or sporting activity for wage, compensation, profit, or racing any type of vehicle in an organized event;
  • Traveling in or descending from any vehicle or device for aerial navigation, unless as a fare paying passenger on a scheduled or a charter flight operated by a scheduled airline;
  • War, or any act of war, whether declared or undeclared;
  • Participating in any activity or event, including the operation of a vehicle, while intoxicated or under the influence according to the laws of the jurisdiction in which the accident occurred;
  • Actively participating in a riot, civil commotion, civil disobedience, or unlawful assembly;
  • Committing, attempting to commit, or voluntarily taking part in a felony or assault, or engaging in an illegal occupation;
  • Intentionally self-inflicting a bodily injury or attempting suicide, while sane or insane;
  • Any loss incurred while on active-duty status in the armed forces. If you notify us of such active duty, we will refund any premiums paid for any period for which no insurance is provided as a result of this exception.

AccidentAdvance®

This is a brief summary of AccidentAdvance®, Accident Insurance, underwritten by Transamerica Life Insurance Company (TLIC), Cedar Rapids, Iowa. TLIC is not an authorized insurer in New York. Policy forms CPACC100 or CCACC100. Forms and numbers may vary. This insurance may not be available in all jurisdictions. Limitations and exclusions apply. Refer to the policy, certificate, and riders for complete details.

EXCLUSIONS AND LIMITATIONS

We will not pay benefits for an insured person's Accident that is caused by or occurs as a result of one of the following events:

  • Driving any taxi for wage, compensation, or profit;
  • Mountaineering, parachuting, or hang gliding;
  • Voluntarily taking, administering, absorbing, or inhaling poison, gas, or fumes;
  • Alcoholism or drug addiction;
  • Participating in any sport or sporting activity for wage, compensation, profit, or racing any type vehicle in an organized event;
  • Traveling in or descending from any vehicle or device for aerial navigation, except as a fare paying passenger in an aircraft operated by a commercial airline (other than a charter airline) on a regularly scheduled passenger trip;
  • War, or any act of war, whether declared or undeclared;
  • Participating in any activity or event, including the operation of a vehicle, while intoxicated or under the influence according to the laws of the jurisdiction in which the Accident occurred;
  • Participating in a riot, civil commotion, civil disobedience, or unlawful assembly;
  • Committing, attempting to commit, or taking part in a felony or assault, or engaging in an illegal occupation;
  • Intentionally self-inflicting a bodily injury or attempting suicide, while sane or insane;
  • Any loss incurred while on active-duty status in the armed forces. If you notify us of such active duty, we will refund any premiums paid for any period for which no coverage is provided as a result of this exception;
  • Injuries that occur in the workplace or during the course of any employment for pay, benefit, or profit.

AccidentAdvance® for New York

This is a brief summary of AccidentAdvance®, Accident Insurance, underwritten by Transamerica Financial Life Insurance Company, Harrison, NY. Policy forms  FPIACC00-0115 and FPIACC00-0115. Forms and form numbers may vary. This insurance may not be available in all jurisdictions. Limitations and exclusions apply. Refer to the policy, certificate and riders for complete details.

EXCLUSIONS AND LIMITATIONS

We will not pay benefits for an insured person’s accident that is caused by or occurs as a result of one of the following events:

  • Alcoholism or drug addiction;
  • Descending from an airplane, except as a fare paying passenger on a scheduled or charter flight operated by a scheduled airline;
  • Intoxicants and Narcotics: We are not liable for any loss sustained or contracted in the consequence of an insured person being intoxicated or under the influence of any narcotic unless administered on the advice of a physician;
  • Participating in a felony, riot or insurrection;
  • Commission of or attempt to commit a felony or to which the contributing cause was the insured’s being engaged in an illegal occupation;
  • Intentionally self-inflicting a bodily injury or attempting suicide, while sane or insane;
  • Any loss incurred while on active-duty status in the armed forces. If you notify us of such active duty, we will refund any premiums paid for any period for which no coverage is provided as a result of this exception;
  • Injuries that occur in the workplace or during the course of any employment for pay, benefit, or profit.

Cancer Insurance

 

CancerSelect® Plus
Cancer-Only Insurance

This is a brief summary of CancerSelect® Plus, Cancer-Only Insurance, underwritten by Transamerica Life Insurance Company (TLIC), Cedar Rapids, Iowa. TLIC is not an authorized insurer in New York. Policy forms CPCAN200 and CCCAN200. Forms and numbers may vary. Insurance may not be available in all jurisdictions. Limitations and exclusions apply. Refer to the policy, certificate, and riders for complete details.

THIS IS NOT MAJOR MEDICAL INSURANCE AND IS NOT A SUBSTITUTE FOR MAJOR MEDICAL INSURANCE. IT DOES NOT QUALIFY AS MINIMUM ESSENTIAL HEALTH COVERAGE UNDER THE FEDERAL AFFORDABLE CARE ACT.

EXCLUSIONS AND LIMITATIONS

This Certificate provides benefits only for Cancer as defined herein, which is Positively Diagnosed while this Certificate is in force. It does not provide benefits for any other illness or disease.

  • We may reduce or deny a claim or void the Certificate for loss incurred by an insured person: a) During the first 2 years from the Effective Date of such insurance for any misstatements in the Application which would have materially affected our acceptance of the risk; or B) At any time for fraudulent misstatements in the Application.
  • We will only pay for loss as a direct result of Cancer. Proof of Positive Diagnosis must be submitted to Us for each new claim. We will not pay for any other disease or incapacity that has been caused, complicated, worsened or affected by, or as a result of, Cancer.
  • If a covered Hospital Confinement is due to more than one covered disease or condition, benefits will be payable as though the Confinement or expense were due to one disease or condition. If a Hospital Confinement or expense is also due to a disease or condition that is not covered, benefits will be payable only for the part of the Hospital Confinement or expense due to the covered disease or condition.
  • Under no condition will We pay any benefits for losses or medical expenses incurred prior to the Effective Date.

CancerSelect® Plus
Specified Disease Insurance 

This is a brief summary of CancerSelect® Plus, Specified Disease Insurance underwritten by Transamerica Financial Life Insurance Company, Harrison, NY. Policy form FICAN300. Forms and form numbers may vary. This insurance may not be available in all jurisdictions. Limitations and exclusions apply. Refer to the policy, certificate and riders for complete details.

EXCLUSIONS AND LIMITATIONS

This Policy provides benefits only for Cancer as defined herein, which is Positively Diagnosed while this Policy is in force. It does not provide benefits for any other illness or disease, unless such illness or disease is directly caused by or aggravated by Cancer or the treatment of Cancer.

  • We will not pay a benefit under this Policy for a pre-malignant condition or conditions with malignant potential.
  • If a covered Hospital Confinement is due to more than one covered condition, benefits will be payable as though the Confinement or expense were due to one condition. If a Hospital Confinement or expense is also due to a disease or condition that is not normally covered, benefits will be payable only for the part of the Hospital Confinement or expense due to the covered disease or condition.
  • Under no condition will We pay any benefits for losses or medical expenses incurred prior to the Effective Date.
  • No benefits will be provided for treatment or service performed by a member of the Covered Person’s immediate family, as defined.
  • No benefits will be payable for treatment or services received outside the United States, its possessions or the countries of Canada and Mexico. 
  • Pre-Existing Condition Limitation - No benefits are provided during the first 6 months for any Cancer for which medical advice was given or treatment was recommended by, or received from, a licensed health care provider within 6 months prior to the Effective Date of such person’s coverage.

Critical Illness Insurance

 

Transamerica Critical Illness InsuranceSM

This is a brief summary of Transamerica Critical Illness InsuranceSM CI12 underwritten by Transamerica Life Insurance Company (TLIC), Cedar Rapids, IA. TLIC is not an authorized insurer in New York. Policy forms TMCI1200-1020 and TCCI1200-1020. Forms and numbers may vary. Insurance may not be available in all jurisdictions. Limitations and exclusions apply. Refer to the policy, certificate, and riders for complete details.

EXCLUSIONS AND LIMITATIONS

We do not pay benefits for losses caused by, or as a result of, the following:

  • As a result of the insured voluntarily participating or attempting to participate in an illegal occupation; As a result of the insured intentionally causing a self-inflicted injury;
  • As a result of the insured committing or attempting to commit suicide, whether sane or insane;
  • As a result of an insured’s participation in a war or any act of war, declared or undeclared, riot, civil commotion, civil disobedience, or unlawful assembly. This does not include a loss which occurs while acting in a lawful manner within the scope of authority;
  • For any loss that occurred while on active-duty status in the armed forces of any country. If you notify us of such active duty, we will refund any premiums paid for any period for which no benefits are provided as a result of this exclusion;
  • As a result of an insured’s commission of a felony;
  • As a result of an insured’s participation in a contest of speed in power driven vehicles, parachuting, or hang-gliding;
  • As a result of an insured’s traveling in or descending from any vehicle or device for aerial navigation, unless as a fare paying passenger on a scheduled or a charter flight operated by a scheduled airline;
  • As a result of an insured’s being intoxicated as defined by the laws of the jurisdiction in which the loss occurred or under the influence of a controlled substance unless administered by a physician or taken according to a physician’s instructions.

Under no condition will we pay any benefits for losses incurred prior to the effective date.

CriticalEvents®

This is a brief summary of Transamerica CriticalEvents®, Critical Illness Insurance, underwritten by Transamerica Life Insurance Company (TLIC), Cedar Rapids, IA. TLIC is not an authorized insurer in New York. Policy forms CPI0500 and CPCI0500. Forms and numbers may vary. Insurance may not be available in all jurisdictions. Limitations and exclusions apply. Refer to the policy, certificate, and riders for complete details.

EXCLUSIONS AND LIMITATIONS

We do not cover losses caused by, or as a result of, the Insured Person’s:

  • Participation or attempting to participate in an illegal activity.
  • Intentionally causing self-inflicted injury.
  • Committing or attempting to commit suicide, whether sane or insane.
  • Involvement in any period of armed conflict.
  • Active-duty service in the armed forces of any country, including national guard and reserve service.
  • Surgeries performed outside the United States or its territories.

Under no condition will we pay any benefits for losses incurred prior to the Effective Date.

CriticalAssistance Select® 
for New York 

This is a brief summary of CriticalAssistance Select®, Critical Illness Insurance, underwritten by Transamerica Financial Life Insurance Company, Harrison, NY.  Policy forms TPSD01NY or TPSDC1NY. Forms and numbers may vary. Insurance may not be available in all jurisdictions. Limitations and exclusions apply. Refer to the policy, certificate, and riders for complete details.

LIMITATIONS AND EXCLUSIONS

The policy does not cover losses caused by or resulting from the following: 

  • a covered person being diagnosed with a specified disease during the waiting period. If a covered person is diagnosed with a specified disease during the waiting period, Transamerica Financial Life Insurance Company will void the policy and refund all premiums paid. 
  • a covered person participating in a felony, riot, or insurrection. 
  • a covered person intentionally causing a self-inflicted injury. 
  • a covered person committing or attempting to commit suicide. 

Transamerica Financial Life Insurance Company will not pay the specified disease benefit for the following: pre-malignant conditions or conditions with malignant potential; or Transient Ischemic Attacks. Transient Ischemic Attacks are not considered strokes or any other type of disease covered by the policy.

Time Limit on Certain Defenses: After two years from the date of issue, only fraudulent misstatements in the application may void the policy or cause denial of claims for loss incurred or disability after such two year period.

Hospital Indemnity Insurance

 

FEDERALLY REQUIRED DISCLOSURE 

The below disclosure is required by federal regulations to be provided for hospital indemnity insurance applications, enrollment forms, marketing/advertising and re-enrollment documents.

Important: This is a fixed indemnity policy, not health insurance This fixed indemnity policy may pay you a limited dollar amount if you’re sick or hospitalized. You’re still responsible for paying the cost of your care.

  • The payment you get isn’t based on the size of your medical bill
  • There might be a limit on how much this policy will pay each year
  • This policy isn’t a substitute for comprehensive health insurance
  • Since this policy isn’t health insurance, it doesn’t have to include most Federal consumer protections that apply to health insurance. 

Looking for comprehensive health insurance? 

  • Visit HealthCare.gov or call 1-800-318-2596 (TTY: 1-855-889-4325) to find health coverage options.
  • To find out if you can get health insurance through your job, or a family member’s job, contact the employer. 

Questions about this policy? 

  • For questions or complaints about this policy, contact your State Department of Insurance. Find their number on the National Association of Insurance Commissioners’ website (naic.org) under “Insurance Departments.” 
  • If you have this policy through your job, or a family member’s job, contact the employer.

 

Hospital Select® II

This is a brief summary of Hospital Select® II, hospital indemnity insurance, underwritten by Transamerica Life Insurance Company (TLIC), Cedar Rapids, IA. TLIC is not an authorized insurer in New York. Policy forms CPGHI400 and CCGHI400. Forms and form numbers may vary. Insurance may not be available in all jurisdictions. Limitations and exclusions apply. Refer to the policy and riders for complete details.

THIS IS NOT MAJOR MEDICAL INSURANCE AND IS NOT A SUBSTITUTE FOR MAJOR MEDICAL INSURANCE. IT DOES NOT QUALIFY AS MINIMUM ESSENTIAL HEALTH COVERAGE UNDER THE FEDERAL AFFORDABLE CARE ACT.

EXCLUSIONS AND LIMITATIONS

With respect to benefits provided under this Certificate, no benefits will be payable as the result of:

  • A Covered Person’s suicide or attempted suicide, while sane or insane.
  • A Covered Person’s intentionally self-inflicted injury.
  • Rest care or rehabilitative care and treatment.
  • Immunization shots and routine examinations such as: physical examinations, mammograms, Pap smears, immunizations, flexible sigmoidoscopy, prostate-specific antigen tests and blood screenings. This exclusion does not apply to coverage under the optional Wellness Indemnity Benefit Rider, if attached as part of the contract.
  • Any pregnancy of a Dependent Child, including Confinement rendered to her Child after birth.
  • Routine newborn care. This exclusion does not apply to coverage under the optional Wellness Indemnity Benefit Rider, if attached as part of the contract.
  • A Covered Person’s abortion, except for medically necessary abortions performed to save the mother’s life. 
  • The treatment of: 
     
    •  A Covered Person’s mental or emotional disorder. This exclusion does not apply to coverage under the optional Inpatient Mental and Nervous Disorder Indemnity Benefit Rider, if attached as part of the contract. 
    •  A Covered Person’s alcoholism or drug addiction. This exclusion does not apply to coverage under the optional Inpatient Drug and Alcohol Addiction Indemnity Benefit Rider, if attached as part of the contract.
       
  • A Covered Person’s participation in a riot, or insurrection.
  • Dental care or treatment, except for such care or treatment due to Accidental Injury to sound natural teeth within 12 months of the Accident and except for dental care or treatment necessary due to congenital disease or anomaly.
  • Any Accident caused by the participation in any activity or event, including the operation of a vehicle, while under the influence of a controlled substance (unless administered by a Physician or taken according to the Physician’s instructions) or while intoxicated (intoxicated means that condition as defined by the law of the jurisdiction in which the Accident occurred).
  • A Covered Person’s sex change, reversal of tubal ligation or reversal of vasectomy.
  • Artificial insemination, in vitro fertilization, and test tube fertilization, including any related testing, medications or Physician’s services, unless required by law.
  • Committing, attempting to commit, or taking part in a felony or assault, or engaging in an illegal occupation.
  • Traveling in or descending from any vehicle or device for aerial navigation, except as a fare-paying passenger in an aircraft operated by a commercial airline (other than a charter airline) on a regularly scheduled passenger trip.
  • Any loss incurred while a Covered Person is on active duty status in the armed forces. (If you notify us of such active duty, we will refund any premiums paid for any period for which no coverage is provided as a result of this exception.)
  • An Accident or Sickness arising out of or in the course of any occupation for compensation, wage or profit or for which benefits may be payable under an Occupational Disease Law or similar law, whether or not application for such benefits has been made.
  • A Covered Person’s involvement in any war or act of war, whether declared or undeclared.

Preexisting Condition Limitation: No benefits are provided during the first 12 months this coverage is in force for a Preexisting Condition. After this 12-month period, loss due to such Preexisting condition will be payable unless specifically excluded from coverage. This 12-month period is measured from the date coverage becomes effective for each Covered Person.

No claim for a loss that starts 12 months after coverage becomes effective may be reduced or denied because of a physical condition, not excluded by name or specific description before the date of loss, that existed before the Covered Person’s coverage become effective. 

Normal Pregnancy Limitation: No benefits are provided for normal pregnancy during the first 10 months this coverage is in force. Complications from pregnancy are covered the same as any other sickness.

Hospital Select® II
for New York

This is a brief summary of Hospital Select® II, underwritten by Transamerica Financial Life Insurance Company, Harrison, NY.  Policy form FPGHI4NY.  Forms and form numbers may vary. Insurance may not be available in all jurisdictions. Limitations and exclusions apply. Refer to the policy and riders for complete details.

THIS IS NOT MAJOR MEDICAL INSURANCE AND IS NOT A SUBSTITUTE FOR MAJOR MEDICAL INSURANCE. IT DOES NOT QUALIFY AS MINIMUM ESSENTIAL HEALTH COVERAGE UNDER THE FEDERAL AFFORDABLE CARE ACT.

EXCLUSIONS AND LIMITATIONS

With respect to benefits provided under this certificate, no benefits will be payable as the result of:

  • An insured person’s suicide or attempted suicide, while sane or insane.
  • An insured person’s intentionally self-inflicted injury.
  • Rest care or rehabilitative care and treatment.
  • Immunization shots and routine examinations such as: physical examinations, mammograms, Pap smears, immunizations, flexible sigmoidoscopy, prostate-specific antigen tests and blood screenings. This exclusion does not apply to coverage under the optional Wellness Indemnity Benefit Rider, if attached as part of the contract.
  • Any pregnancy of a dependent child, including confinement rendered to her child after birth.
  • Routine newborn care. This exclusion does not apply to coverage under the optional Wellness Indemnity Benefit Rider, if attached as part of the contract.
  • An insured person’s abortion, except for medically necessary abortions performed to save the mother’s life. CCGHI400
  • The treatment of: 
     
    • An insured person’s mental or emotional disorder. This exclusion does not apply to coverage under the optional Inpatient Mental and Nervous Disorder Indemnity Benefit Rider, if attached as part of the contract. 
    • An insured person’s alcoholism or drug addiction. This exclusion does not apply to coverage under the optional Inpatient Drug and Alcohol Addiction Indemnity Benefit Rider, if attached as part of the contract for such care or treatment due to accidental Injury to sound natural teeth within 12 months of the accident and except for dental care or treatment necessary due to congenital disease or anomaly.
       
  • Any accident caused by the participation in any activity or event, including the operation of a vehicle, while under the influence of a controlled substance (unless administered by a physician or taken according to the physicians instructions) or while intoxicated (intoxicated means that condition as defined by the law of the jurisdiction in which the accident occurred).
  • An insured person’s sex change, reversal of tubal ligation or reversal of vasectomy.
  • Artificial insemination, in vitro fertilization, and test tube fertilization, including any related testing, medications or Physicians services, unless required by law.
  • Committing, attempting to commit, or taking part in a felony or assault, or engaging in an illegal occupation.
  • Traveling in or descending from any vehicle or device for aerial navigation, except as a fare-paying passenger in an aircraft operated by a commercial airline (other than a charter airline) on a regularly scheduled passenger trip.
  • Any loss incurred while an insured person is on active duty status in the armed forces. (If you notify us of such active duty, we will refund any premiums paid for any period for which no coverage is provided as a result of this exception.)
  • An accident or sickness arising out of or in the course of any occupation for compensation, wage or profit or for which benefits may be payable under an Occupational Disease Law or similar law, whether or not application for such benefits has been made.
  • An insured person’s involvement in any war or act of war, whether declared or undeclared.

Transamerica Provider SelectSM 

This is a brief summary of Transamerica Provider SelectSM Limited Group Hospital Indemnity Insurance, underwritten by Transamerica Life Insurance Company, Company (TLIC), Cedar Rapids, IA. TLIC is not an authorized insurer in New York. Policy forms CPGHI600 and CCGHI600 or CPGHI700 and CCGHI700. Forms and form numbers may vary. This insurance may not be available in all jurisdictions. Limitations and exclusions apply. Refer to the policy and riders for complete details.

THIS IS NOT MAJOR MEDICAL INSURANCE AND IS NOT A SUBSTITUTE FOR MAJOR MEDICAL INSURANCE. IT DOES NOT QUALIFY AS MINIMUM ESSENTIAL HEALTH COVERAGE UNDER THE FEDERAL AFFORDABLE CARE ACT.

EXCLUSIONS AND LIMITATIONS

With respect to benefits provided under this certificate, no benefits will be payable as the result of:

  • An insured person’s suicide or attempted suicide, while sane or insane.
  • An insured person’s intentionally self-inflicted injury.
  • Rest care or rehabilitative care and treatment.
  • Immunization shots and routine examinations such as: physical examinations, mammograms, Pap smears, immunizations, flexible sigmoidoscopy, prostate-specific antigen tests and blood screenings. This exclusion does not apply to coverage under the optional Wellness Indemnity Benefit Rider, if attached as part of the contract.
  • Any pregnancy of a dependent child, including confinement rendered to her child after birth.
  • Routine newborn care. This exclusion does not apply to coverage under the optional Wellness Indemnity Benefit Rider, if attached as part of the contract.
  • An insured person’s abortion, except for medically necessary abortions performed to save the mother’s life.
  •  The treatment of:
     
    • An insured person’s mental or emotional disorder. This exclusion does not apply to coverage under the optional Inpatient Mental and Nervous Disorder Indemnity Benefit Rider, if attached as part of the contract. 
    • An insured person’s alcoholism or drug addiction. This exclusion does not apply to coverage under the optional Inpatient Drug and Alcohol Addiction Indemnity Benefit Rider, if attached as part of the contract.
       
  • An insured person’s participation in a riot, or insurrection.
  • Dental care or treatment, except for such care or treatment due to accidental Injury to sound natural teeth within 12 months of the accident and except for dental care or treatment necessary due to congenital disease or anomaly.
  • Any accident caused by the participation in any activity or event, including the operation of a vehicle, while under the influence of a controlled substance (unless administered by a physician or taken according to the physician’s instructions) or while intoxicated (intoxicated means that condition as defined by the law of the jurisdiction in which the accident occurred).
  • An insured person’s sex change, reversal of tubal ligation or reversal of vasectomy.
  • Artificial insemination, in vitro fertilization, and test tube fertilization, including any related testing, medications or Physicians services, unless required by law.
  • Committing, attempting to commit, or taking part in a felony or assault, or engaging in an illegal occupation.
  • Traveling in or descending from any vehicle or device for aerial navigation, except as a fare-paying passenger in an aircraft operated by a commercial airline (other than a charter airline) on a regularly scheduled passenger trip.
  • Any loss incurred while an insured person is on active-duty status in the armed forces. (If you notify us of such active duty, we will refund any premiums paid for any period for which no coverage is provided as a result of this exception.)
  • An accident or sickness arising out of or in the course of any occupation for compensation, wage or profit or for which benefits may be payable under an Occupational Disease Law or similar law, whether or not application for such benefits has been made.
  • An insured person’s involvement in any war or act of war, whether declared or undeclared.

Long-Term Disability Insurance

 

This is a brief summary of Transamerica Long-Term Disability InsuranceSM DI11 underwritten by Transamerica Life Insurance Company (TLIC), Cedar Rapids, IA. TLIC is not an authorized insurer in New York. Policy forms ICC20 TMDI11IC-1020 and ICC20 TCDI11IC-1020. Forms and form numbers may vary. Insurance may not be available in all jurisdictions. Limitations and exclusions apply. Refer to the policy, certificate and riders for complete details.

LIMITATIONS AND EXCLUSIONS

Disabilities not covered under the policy — the policy does not cover any disabilities caused by, contributed to by, or resulting from your:

  • Commission or attempt to commit a felony;
  • Intentionally self-inflicted harm;
  • Attempted suicide, regardless of mental capacity;
  • Subject to the applicable law in the state where the policy is delivered or issued for delivery, operating a motor vehicle while under the influence of alcohol as evidenced by a blood alcohol level in excess of the state legal intoxication limit as defined by the state law where the disability occurs;
  • Subject to the applicable law in the state where the policy is delivered or issued for delivery, being under the influence of any narcotic, unless the narcotic is being taken on the advice of a doctor;
  • Voluntary intake of poison, drugs or fumes, unless a direct result of an occupational accident;
  • Participation in a war, declared or undeclared, or any act of war; an act of war is military activity by one or more national governments and does not include terrorist acts, other random acts of violence not perpetrated by you, or civil war or community faction;
  • Active duty in the military or the National Guard or similar government organizations;
  • Active participation in a riot, insurrection or terrorist activity;
  • Engaging in any illegal occupation, work, or employment;
  • Commission of or attempt to commit a felony;
  • Cosmetic surgery except when required for your appropriate care as a result of Your Injury or sickness; cosmetic surgery shall not include reconstructive surgery when the surgery is incidental to or follows surgery resulting from trauma, infection or other diseases of the involved part and reconstructive surgery because of congenital disease or anomaly resulting in a functional defect;
  • Traveling in any aircraft other than as a fare-paying passenger on a scheduled or charter flight operated by a scheduled airline;
  • Traveling in any aircraft or device operated by or under authority of military or any aircraft being used for experimental purposes or to travel beyond the earths atmosphere;
  • Hang-gliding, skydiving, parachuting, ultralight, soaring, ballooning and parasailing;
  • Participation in recreational or for wage, compensation or profit, motor sports events, racing, speed or endurance contest (auto, truck, cycle, or boat), rock or mountain climbing, skin or scuba diving, bungee jumping;
  • Participation in any sport for wage, compensation or profit;
  • Occupational sickness or injury. We will not pay a benefit for any period of disability during which you are legally incarcerated in a penal or correctional institution.

Short-Term Disability Insurance

 

Transamerica Short-Term Disability InsuranceSM

This is a brief summary of Transamerica Short-Term Disability InsuranceSM DI10, underwritten by Transamerica Life Insurance Company (TLIC), Cedar Rapids, IA. TLIC is not an authorized insurer in New York. Policy forms ICC20 TMDI10IC 1020 and ICC20 TCDI10IC 1020. Forms and form numbers may vary. This insurance may not be available in all jurisdictions. Limitations and exclusions apply. Refer to the policy, certificate, and riders for complete details.

EXCLUSIONS AND LIMITATIONS

Disabilities not covered under the policy – the policy does not cover any disabilities caused by, contributed to by, or resulting from Your:

  • Commission or attempt to commit a felony;
  • Intentionally self-inflicted harm;
  • Attempted suicide, regardless of mental capacity;
  • Subject to the applicable law in the state where the Policy is delivered or issued for delivery, operating a motor vehicle while under the influence of alcohol as evidenced by a blood alcohol level in excess of the state legal intoxication limit as defined by the state law where the disability occurs;
  • Subject to the applicable law in the state where the Policy is delivered or issued for delivery, being under the influence of any narcotic, unless the narcotic is being taken on the advice of a Doctor;
  • Voluntary intake of poison, drugs or fumes, unless a direct result of an occupational accident;
  • Participation in a war, declared or undeclared, or any act of war; an act of war is military activity by one or more national governments and does not include terrorist acts, other random acts of violence not perpetrated by You, or civil war or community faction;
  • Active duty in the military or the National Guard or similar government organizations;
  • Active participation in a riot, insurrection or terrorist activity;
  • Engaging in any illegal occupation, work, or employment;
  • Commission of or attempt to commit a felony;
  • Cosmetic surgery except when required for Your Appropriate Care as a result of Your Injury or Sickness; cosmetic surgery shall not include reconstructive surgery when the surgery is incidental to or follows surgery resulting from trauma, infection or other diseases of the involved part and reconstructive surgery because of congenital disease or anomaly resulting in a functional defect;
  • Traveling in any aircraft other than as a fare-paying passenger on a scheduled or charter flight operated by a scheduled airline;
  • Traveling in any aircraft or device operated by or under authority of military or any aircraft being used for experimental purposes or to travel beyond the earth’s atmosphere;
  • Hang-gliding, skydiving, parachuting, ultralight, soaring, ballooning and parasailing;
  • Participation in recreational or for wage, compensation or profit, motor sports events, racing, speed or endurance contest (auto, truck, cycle or boat), rock or mountain climbing, skin or scuba diving, bungee jumping;
  • Participation in any sport for wage, compensation or profit;
  • Occupational Sickness or Injury. We will not pay a benefit for any period of disability during which You are legally incarcerated in a penal or correctional institution.

TransDI® Plus 

This is a brief summary of TransDI® Plus Group Short-Term Disability Income Insurance underwritten by Transamerica Life Insurance Company (TLIC), Cedar Rapids, IA. TLIC is not an authorized insurer in New York. Policy forms CPDI0100 and CCDI0100. Forms and form numbers may vary. This insurance may not be available in all jurisdictions. Limitations and exclusions apply. Refer to the policy, certificate and riders for complete details.

LIMITATIONS AND EXCLUSIONS

There will be no Disability Benefit payable for a Pre-Existing Condition until the Insured has been continuously covered under the Policy for 12 months, and has returned to performing the duties of his or her occupation for 30 continuous days after the first 12 months of coverage. If Total Disability is due to a Pre-Existing Condition which begins during the first 12 months of coverage, 50% of the Monthly Disability Benefit will be payable up to a maximum of 12 weeks. If Total Disability begins after 12 months of coverage, benefits will be paid on the same basis as any other Accident or Sickness.

This Policy does not cover any loss, fatal or non-fatal, which occurs as a result of:

  • An intentionally self-inflicted injury while sane or insane;
  • Any act of war, declared or undeclared;
  • The Insured’s commission of a felony;
  • The Insured operating, learning to operate or having any duty in the operation of any device or vehicle intended or designed for flight in the air including boarding, alighting or descending therefrom;
  • Accident or Sickness arising out of and in the course of any occupation, either full-time or part-time, for wage or profit. This exclusion applies even if Workers’ Compensation is not paid for the on-the-job injury;
  • An Accident sustained or Sickness contracted while in the service of the armed forces of any country, except that Total Disability which occurs the first 15 days of military service are covered and will be reduced by any disability payments received from the armed forces; or
  • Mental illness and/or drug/alcohol abuse.

TransDI® Plus 
for New York

This is a brief summary of TransDI® Plus Short-Term Disability Insurance underwritten by Transamerica Financial Life Insurance Company, Harrison, New York. Policy forms FPIDI100. Forms and form numbers may vary. This insurance may not be available in all jurisdictions. Limitations and exclusions apply. Refer to the policy, certificate, and riders for complete details.

LIMITATIONS AND ADJUSTMENTS

This Policy does not cover any loss, fatal or non-fatal, which occurs as a result of:

  • Attempted suicide or an intentionally self-inflicted injury while sane;
  • War or any act of war, whether declared or undeclared;
  • Your commission of or attempt to commit a felony or engagement in an illegal occupation; or your participation in a riot or insurrection;
  • Aviation, except as a fare-paying passenger on a scheduled or chartered flight operated by a scheduled airline;
  • An accident or sickness for which benefits are actually paid by any state or Federal workers’ compensation, employers’ liability or occupational disease law;
  • An accident sustained or Sickness contracted while in the service of the armed forces of any country or any auxiliary units of same; or
  • Your being intoxicated or under the influence of any narcotic unless administered on the advice of a physician.

Benefits will not be reduced due to a cost-of-living increase in Social Security if the increase takes place while benefits are payable. With respect to any and all of the above sources, if a lump sum payment is received by the Insured or his or her dependents for a period previously paid by the Company, any resulting overpayment by the Company will be due the Company on a lump sum basis. If the Insured has the option of taking retirement benefits on a monthly basis but chooses to receive retirement benefits on a lump sum basis, the Company may assume he or she is receiving retirement benefits based upon the lowest monthly retirement plan benefit available to him or her prior to lump sum withdrawal. After application or reapplication has been made for the above applicable income sources, in lieu of the Company estimating other income, the Insured may complete a Reimbursement Agreement provided by the Company. The agreement will allow the Company to provide benefits without estimation of other income and require the Insured to reimburse the Company for any overpayment as the result of retroactive awards. The Disability Benefits payable will never be less than the Minimum Disability Benefit amount set out on the Contract Data Page.

EXCLUSIONS

This Policy does not cover any loss, fatal or non-fatal, which occurs as a result of:

  • An intentionally self-inflicted injury while sane or insane;
  • Any act of war, declared or undeclared;
  • The Insureds commission of a felony;
  • The Insured operating, learning to operate or having any duty in the operation of any device or vehicle intended or designed for flight in the air including boarding, alighting or descending therefrom;
  • Accident or Sickness arising out of and in the course of any occupation, either full-time or part-time, for wage or profit. This exclusion applies even if Workers Compensation is not paid for the on-the-job injury;
  • An Accident sustained or Sickness contracted while in the service of the armed forces of any country, except that Total Disability which occurs the first 15 days of military service are covered and will be reduced by any disability payments received from the armed forces; or
  • Mental illness and/or drug/alcohol abuse.

Retiree Medical Insurance

 

Transamerica’s Retiree Medical supplemental medical insurance, is underwritten by Transamerica Life Insurance Company, Cedar Rapids, Iowa; or Transamerica Financial Life Insurance Company, Harrison, NY. Policy forms LM1000GPM, LM1000GCM, LM1000GPT, LM1000GCT. In New York RM1000GPTF and RM1000GCTF. Forms and form numbers may vary. Limitations and exclusions apply. Refer to the policy, certificate, and riders for complete details. Plans may not be available in some states. Not connected with or endorsed by the U.S. Government or Federal Medicare Program.

LIMITATIONS AND EXCLUSIONS

Benefits will not be paid for any expenses which are not determined to be Medicare Eligible Expenses by the Federal Medicare Program or its administrators, except as otherwise specified.                                  

Supplemental Medical Expense Insurance

 

TransConnect®

This is a brief summary of TransConnect® supplemental medical expense insurance underwritten by Transamerica Life Insurance Company (TLIC), Cedar Rapids, IA. TLIC is not an authorized insurer in New York. Policy forms CP201200 or TMLB1000. Forms and form numbers may vary by state. This insurance is not available in all jurisdictions. Limitations and exclusions apply.

LIMITATIONS AND EXCLUSIONS

No benefits are payable for any expenses incurred:

  • During any period the insured person is not insured under the comprehensive medical plan
  •  As the result of suicide or any attempted suicide, while sane or insane
  • For any intentionally self-inflicted injury or sickness
  • For rest care or rehabilitative care and treatmentFor voluntary abortion except:
     
    • Where the insured person's life would be endangered if the fetus were carried to term; or
    • Where medical complications have arisen from abortion
       
  • For pregnancy of a dependent child
  • As a result of an insured person’s participation in a riot, civil commotion, civil disobedience, or unlawful assembly. This does not include a loss which occurs while acting in a lawful manner within the scope of authority
  •  As a result of an insured person’s commission of a felony
  • As a result of an insured person’s participation in a contest of speed in power driven vehicles, parachuting, or hang-gliding
  •  As a result of an insured person’s traveling in or descending from any vehicle or device for aerial navigation, unless as a fare-paying passenger on a scheduled or a charter flight operated by a scheduled airline
  •  As a result of an insured person’s being intoxicated as defined by the laws of the jurisdiction in which the loss occurred or under the influence of a controlled substance unless administered by a physician or taken according to the physician’s instructions
  • For the treatment of mental illness, alcoholism, or substance abuse provided as an outpatient
  •  For sex changes, except for medically necessary treatment including gender affirmation surgery for gender dysphoria and related health conditions.
  •  For experimental treatment, drugs, or surgery. As it pertains to this exclusion, experimental treatment, drugs or surgery means:
     
    • The drug or device cannot be lawfully marketed without approval of the U.S. Food and Drug Administration (FDA) and approval for marketing has not been given at the time the drug or device is furnished;
    • Reliable evidence shows that the drug, device, or medical treatment or procedure is the subject of on-going phase I, II, or III clinical trials or under study to determine its maximum tolerated dose, its toxicity, its safety, or its efficacy as compared with the standard means of treatment or diagnosis;
    • Reliable evidence shows that the consensus among experts regarding the drug, device, or medical treatment or procedure is that further studies or clinical trials are necessary to determine its maximum tolerated dose, toxicity, safety, or efficacy as compared with the standard means of treatment or diagnosis;
    • The drug or device is used for a purpose that is not approved by the FDA; or
    • Surgery or therapy not endorsed by either the National Cancer Institute or the American Cancer Society for experimental studies.
       
  • For any loss that occurred while on active-duty status in the armed forces of any country. If you notify us of such active duty, we will refund any premiums paid for any period for which no coverage is provided as a result of this exclusion.
  •  For accident or sickness arising out of or in the course of any occupation for compensation, wage or profit. (not applicable to sole proprietors or partners not covered by Workers' Compensation).
  • For dental or vision services, unless:
     
    • Resulting from an accident occurring while the insured insurance coverage under the policy is in force and such services are performed within 12 months of the date of such Accident;
    • Due to congenital disease or anomaly of a covered newborn child; or 
    • Consisting of a surgical procedure to remove cataracts.
       
  • For routine examinations such as health exams, periodic check-ups, or routine physicals.
  • For any expense for which benefits are excluded under the insured person's comprehensive medical plan.
  • For expenses related to radiation therapy or chemotherapy such as: prescribed medications for side effects, physical exams, checkups, treatment consultations and planning, or any similar expenses. Radiation therapy or chemotherapy does not include laser or stereotactic surgery.

 TransConnect PlusSM 

This is a brief summary of TransConnect PlusSM underwritten by Transamerica Life Insurance Company (TLIC), Cedar Rapids, IA. TLIC is not an authorized insurer in New York. Policy forms TMLB2000-0920 and TCLB2000-0920. Forms and form numbers may vary. Insurance may not be available in all jurisdictions. Limitations and exclusions apply. Refer to the policy, certificate and riders for complete details.

LIMITATIONS/EXCLUSIONS

No benefits are payable for any of the following:

  • During any period when the insured person is not insured under the comprehensive medical plan.
  • As the result of suicide or any attempted suicide, while sane or insane.
  • For any intentionally self-inflicted accident or sickness.
  • As a result of an insured person’s participation in a war or any act of war, declared or undeclared, riot, civil commotion, civil disobedience, or unlawful assembly. This does not include a loss which occurs while acting in a lawful manner within the scope of authority.
  • For any loss that occurred while on active-duty status in the armed forces of any country. If you notify us of such active duty, we will refund any premiums paid for any period for which no benefits are provided as a result of this exclusion.
  • As a result of an insured person’s commission of a felony.
  • As a result of an insured person’s participation in a contest of speed in power-driven vehicles, parachuting, or hang-gliding.
  • As a result of an insured person’s traveling in or descending from any vehicle or device for aerial navigation, unless as a fare paying passenger on a scheduled or a charter flight operated by a scheduled airline.
  • As a result of an insured person’s being intoxicated as defined by the laws of the jurisdiction in which the loss occurred or under the influence of a controlled substance unless administered by a physician or taken according to the physician’s instructions.
  • For experimental treatment, drugs, or surgery. For the purpose of this exclusion, experimental treatment, drugs, or surgery means:
     
    • The drug or device cannot be lawfully marketed without approval of the U.S. Food and Drug Administration (FDA) and approval for marketing has not been given at the time the drug or device is furnished;
    • Reliable evidence shows that the drug, device, or medical treatment or procedure is the subject of ongoing phase I, II, or III clinical trials or under study to determine its maximum tolerated dose, toxicity, safety, or efficacy as compared with the standard means of treatment or diagnosis;
    • Reliable evidence shows that the consensus among experts regarding the drug, device, or medical treatment or procedure is that further studies or clinical trials are necessary to determine its maximum tolerated dose, toxicity, safety, or efficacy as compared with the standard means of treatment or diagnosis;
    • The drug or device is used for a purpose that is not approved by the FDA; or
    • The surgery or therapy is not endorsed by either the National Cancer Institute or the American Cancer Society for experimental studies.
       
  • For an accident or sickness arising out of or in the course of any employment or which is reimbursable under any state or federal workers’ compensation or occupational disease act or law.
  • For any expense for which benefits are excluded under the insured person’s comprehensive medical plan.
  • Treatment, services, or supplies which (a) Would not routinely be paid in the absence of insurance; or (b) Are received from an immediate family member.
  • Treatment, services, or supplies which are provided by or reimbursable under Medicare or any other government program.
  • Expenses incurred as a result of a cosmetic surgical procedure, cosmetic dental procedure, or drug or medicines prescribed for cosmetic use, except reconstructive surgery incidental to or following surgery resulting from trauma, infection, or other diseases of the involved body part or reconstructive surgery because of a congenital disease or anomaly.
  • A state-mandated health benefit that the comprehensive medical plan does not cover.

Term Life Insurance

 

Transamerica Group Term Life InsuranceSM 

This is a brief summary of Transamerica Group Term Life InsuranceSM TL14, underwritten by Transamerica Life Insurance Company (TLIC), Cedar Rapids, IA. TLIC is not an authorized insurer in New York. Policy forms ICC 20TMTL14IC-1020 and ICC TCL14IC-1020. Forms and form numbers may vary. This insurance may not be available in all jurisdictions. Limitations and exclusions apply. Refer to the policy, certificate, and riders for complete details.

LIMITATIONS AND EXCLUSIONS

Benefits will not be paid if the insured dies by suicide, whether sane or insane, within the first two years of insurance. If this occurs:

  • Any premium paid for the basic life insurance will be returned to the employer
  • An amount equal to premiums paid for supplemental life insurance will be paid to the beneficiary (for supplemental policies)

Trans Select® 

This is a brief summary of Trans Select® Term Life Insurance, underwritten by Transamerica Life Insurance Company (TLIC), Cedar Rapids, IA. TLIC is not an authorized insurer in New York. Policy forms CPVTL200 and CCVTL200. This insurance may not be available in all jurisdictions. Limitations and exclusions apply. Refer to the policy, certificate, and riders for complete details.

LIMITATIONS AND EXCLUSIONS

We will not pay benefits if an insured person dies by suicide, while sane or insane, within the first two years of insurance. If this occurs, we will refund the premiums paid minus any benefits that have been paid under any accelerated benefit rider.

TransSelect®
for New York

This is a brief summary of TransSelect® Group Term Life Insurance underwritten by Transamerica Financial Life Insurance Company, Harrison, NY. Policy forms FPVTL200 and FCVTL200-R0319. Forms and form numbers may vary. Insurance may not be available in all jurisdictions. Limitations and exclusions apply. Refer to the policy, certificate and riders for complete details.

LIMITATIONS AND EXCLUSIONS

We will not pay the Death Benefit if the Insured dies by suicide within two years from the date coverage is issued. Instead, we will refund the premiums paid for this insurance. Any increase in the Death Benefit will start this Suicide Exclusion provision anew, but only on the applied for increase. If this Certificate Lapses and is reinstated, the Suicide Exclusion does not start anew.

Universal Life Insurance

 

Transamerica Universal Life Insurance℠ 

This is a brief summary of Transamerica Universal Life Insurance℠ UL10 underwritten by Transamerica Life Insurance Company (TLIC), Cedar Rapids, Iowa. TLIC is not an authorized insurer in New York. Policy form series TMUL1000-0421 and TCUL1000-0421. Rider form series TRLC1200-0422. Forms and form numbers may vary. This insurance and/or riders may not be available in all jurisdictions. Limitations and exclusions apply. Refer to the policy, certificate, and riders for complete details.

LIMITATIONS AND EXCLUSIONS

We will not pay the Proceeds if the Insured dies by suicide, while sane or insane, within two years from the date coverage is issued. Instead, we will refund the premiums paid for this insurance minus any outstanding Loans. Any increase in the Face Amount will start this Suicide Exclusion provision anew, but will apply only to the amount of the increase.

If an insured employee withdraws the cash value, tax consequences and/or surrender charges may apply. Fluctuations in interest rates or policy charges may require the payment of additional premiums. Individuals currently on disability or on premium waiver are not eligible for insurance. During the first two years, the death benefit for suicide is limited to the return of premiums paid, less any loans, partial surrender amounts, and accelerated benefits paid

Individuals currently on disability or on premium waiver are not eligible for insurance. During the first two years, the death benefit for suicide (while sane or insane) is limited to the return of premiums paid with interest, less any loans, partial surrender amounts, and accelerated benefits paid, if any.

Accelerated Benefit for Long Term Care Rider 

The following limitations apply to this Rider: 

  • Benefits are payable as specified in the Benefits section of this Rider. 
  • We will not pay benefits during the Elimination Period. 
  • Benefits are subject to the Exclusions and Limitations section of this Rider. 

Qualified Long Term Care Services do not include care, confinement or services: 

  • resulting from alcoholism, or drug addiction or chemical dependency unless as a result of medication used as prescribed by a Physician; 
  • resulting from or arising out of attempted suicide or intentionally self-inflicted injury; 
  • due to voluntary participation in a felony, riot or insurrection; 
  • for which no charge is normally made in the absence of insurance; 
  • received outside the 50 United States and the District of Columbia; or 
  • performed by an Immediate Family Member. An Immediate Family Member can provide covered care or services if he or she is a regular employee of an organization that is engaged in providing the Qualified Long Term Care Services. The organization he or she works for must receive the payment for the care or service.

Accelerated Death Benefit for Chronic Condition Rider 

Transamerica will not pay rider benefits for care that is received or loss incurred as a result of: an intentionally self-inflicted injury or attempted suicide, war or any act of war, declared or undeclared, or service in the armed forces of any country; the insured’s alcohol, drug, or other chemical dependence, except if the drug dependency is for a drug prescribed by a physician in the course of treatment for an injury or sickness; the insured’s commission of, or attempt to commit, a felony; or an injury that occurs because of the insured’s involvement in an illegal activity

TransElite®  

This is a brief summary of TransElite® Universal Life Insurance, underwritten by Transamerica Life Insurance Company (TLIC), Cedar Rapids, IA. TLIC is not an authorized insurer in New York. Policy forms CPGUL300 and CCGUL300. Forms and form numbers may vary. This insurance may not be available in all jurisdictions. Limitations and exclusions apply. Refer to the policy, certificate, and riders for complete details.

LIMITATIONS AND EXCLUSIONS

If an insured withdraws the cash value, tax consequences and/or surrender charges may apply. Fluctuations in interest rates or policy charges may require the payment of additional premiums. Individuals currently on disability or on premium waiver are not eligible for insurance. During the first two years, the death benefit for suicide is limited to the return of premiums paid, less any loans, partial surrender amounts, and accelerated benefits paid, if any.

ACCELERATED DEATH BENEFIT FOR CHRONIC CONDITION RIDER

Transamerica will not pay rider benefits for care that is received or loss incurred as a result of: an intentionally self-inflicted injury or attempted suicide war or any act of war, declared or undeclared, or service in the armed forces of any country; the insured’s alcohol, drug or other chemical dependence, except if the drug dependency is for a drug prescribed by a physician in the course of treatment for an injury or sickness; the insured’s commission of, or attempt to commit, a felony; or an injury that occurs because of the insured’s involvement in an illegal activity.

TransElite®
for New York

This is a brief summary of TransElite® Universal Life Insurance underwritten by Transamerica Financial Life Insurance Company, Harrison, New York. Policy forms FPGUL300 and FPIUL3NY. Forms and form numbers may vary. This insurance may not be available in all jurisdictions. Limitations and exclusions apply. Refer to the policy, certificate, and riders for complete details. 

LIMITATIONS AND EXCLUSIONS

If an insured withdraws the cash value, tax consequences and/or surrender charges may apply. Fluctuations in interest rates or policy charges may require the payment of additional premiums. Individuals currently on disability or on premium waiver are not eligible for insurance. During the first two years, the death benefit for suicide is limited to the return of premiums paid, less any loans, partial surrender amounts, and accelerated benefits paid, if any.

Whole Life Insurance

 

Transamerica Interest Sensitive Whole Life Insurance℠

This is a brief summary of Transamerica Interest Sensitive Whole Life Insurance℠ WL13 underwritten by Transamerica Life Insurance Company (TLIC), Cedar Rapids, IA. TLIC is not an authorized insurer in New York. Policy forms TMWL1300-1120 and TCWL1300-1120. Forms and form numbers may vary. Insurance may not be available in all jurisdictions. Limitations and exclusions apply. Refer to the policy, certificate and riders for complete details.

LIMITATIONS AND EXCLUSIONS

If an insured employee withdraws the cash value, tax consequences and/or surrender charges may apply. Individuals currently on disability or on premium waiver are not eligible for insurance. During the first two years, the death benefit for suicide is limited to the return of premiums paid, less any loans, partial surrender amounts, and accelerated benefits paid, if any.

ACCELERATED DEATH BENEFIT FOR CHRONIC CONDITION RIDER

Transamerica will not pay rider benefits for care that is received or loss incurred as a result of: an intentionally self-inflicted injury or attempted suicide war or any act of war, declared or undeclared, or service in the armed forces of any country; the insured’s alcohol, drug or other chemical dependence, except if the drug dependency is for a drug prescribed by a physician in the course of treatment for an injury or sickness; the insured’s commission of, or attempt to commit, a felony; or an injury that occurs because of the insured’s involvement in an illegal activity.

Transamerica Contributory Fixed Premium Universal Life InsuranceSM
For New York

This is a brief summary of Transamerica Contributory Fixed Premium Universal Life InsuranceSM WL13 underwritten by Transamerica Financial Life Insurance Company (TFLIC), Harrison, New York. Policy forms FMWL13NY-1120 and FCWL13NY-1120. Forms and form numbers may vary. This insurance may not be available in all jurisdictions. Limitations and exclusions apply. Refer to the policy, certificate, and riders for complete details.

LIMITATIONS AND EXCLUSIONS

If an insured employee withdraws the cash value, tax consequences and/or surrender charges may apply. Individuals currently on disability or on premium waiver are not eligible for insurance. During the first two years, the death benefit for suicide is limited to the return of premiums paid, less any loans, partial surrender amounts, and accelerated benefits paid, if any.

ACCELERATED DEATH BENEFIT FOR CHRONIC CONDITION RIDER

Transamerica will not pay rider benefits for care that is received or loss incurred as a result of: an intentionally self-inflicted injury or attempted suicide war or any act of war, declared or undeclared, or service in the armed forces of any country; the insured’s alcohol, drug or other chemical dependence, except if the drug dependency is for a drug prescribed by a physician in the course of treatment for an injury or sickness; the insured’s commission of, or attempt to commit, a felony; or an injury that occurs because of the insured’s involvement in an illegal activity.

Trans$ureSM 

This is a summary of Trans$ureSM Whole Life Insurance, underwritten by Transamerica Life Insurance Company (TLIC), Cedar Rapids, IA. TLIC is not an authorized insurer in New York. Policy forms CPWL0100 and CCWL0100. Rider forms CRABTI00, CRULWT00, CRABLT00, CREXTB00, CRABCC00,CRADD200, CRISLT00, CRWPL100, CRWP0100 and CRHIL00. Forms and form numbers may vary. This insurance may not be available in all jurisdictions. Limitations and exclusions apply. Refer to the policy, certificate, and riders for complete details.

LIMITATIONS AND EXCLUSIONS

We will not pay the Proceeds if the Insured dies by suicide, while sane or insane, within two years from the date coverage is issued. Instead, we will refund the premiums paid for this insurance minus any outstanding Loans. Any increase in the Face Amount will start this Suicide Exclusion provision anew, but will apply only to the amount of the increase.

Trans$ureSM 
For New York

This is a summary of Trans$ureSM Interest Sensitive Endowment Life Insurance, underwritten by Transamerica Financial Life Insurance Company, Harrison, New York. Policy forms FPWL01NY-0718 and FCWL01NY-R0421. Forms and form numbers may vary. This insurance may not be available in all jurisdictions. Limitations and exclusions apply. Refer to the policy, certificate, and riders for complete details.

LIMITATIONS AND EXCLUSIONS

We will not pay the Proceeds if the Insured dies by suicide, within two years from the date coverage is issued. Instead, we will refund the premiums paid for this insurance minus any outstanding Loans. Any increase in the Face Amount will start this Suicide Exclusion provision anew, but will apply only to the amount of the increase. If within 2 years after an increase, then instead of paying the Death Benefit for the increased amount, we will refund all Cost of Insurance charges and all Administrative Fees associated with the excluded coverage. If this Certificate Lapses and is later Reinstated, this Suicide Exclusion period does not begin anew.