PRODUCT
Trendsetter Portfolio Reprice Effective June 25, 2016, Trendsetter Super and Trendsetter LB were repriced to align with Transamerica’s strategic focus and to improve our competitive position within key customer markets. In particular, we’ve improved our rates for clients age 45 and under and for Standard and Preferred Tobacco users. Significant improvements were made for the Trendsetter® Super policy with a face amount of $1 million and below. Please note that the Preferred Choice risk class was replaced with Preferred Non-Smoker risk class. For complete details, view the product bulletin. Trendsetter LB Approved in Massachusetts Trendsetter LB was approved on June 24, 2016 in the state of Massachusetts. With this approval, Trendsetter® Express is no longer available for sale in the state. ________FORMS
Access Updated Compensation Forms on TransACT Producer rate forms have been updated to reflect Trendsetter LB being available in Massachusetts and the removal of Trendsetter Express. Access these forms on TransACT® by clicking the Sales Tools tab, then Agency Forms under the eOrdering section. The Producer Commission Rate Form, Single Case Heaped, and Non-Heaped Commission Rate Forms will be under the Producer Commission Rate-Life Forms drop-down. The Sales Director Commission Designation Form will be under the General Agency and Producer Miscellaneous Forms drop-down. ________UNDERWRITING
New Underwriting Enhancement We’ve updated our underwriting requirements to use NT-proBNP, a lab test that measures peptides secreted by the heart. This will be used in place of resting electrocardiograms (ECGs) for some age and face amount combinations and in addition to the ECG for others. This positively affects the client, as it requires fewer ECGs overall and no routine stress testing at any age or face amount. Plus, tests are done in a laboratory using blood specimen already provided by the applicant.| Age | NT-proBNP added at Face Amount of: | Obtain ECG at Face Amount of: |
| 41-50 | >/= $5,000,000 | No changes |
| 51-60 | $500,000 (or $500,001 per product break) | $2,000,000 (or $2,000,001 per product break) |
| 61-70 | $250,000 (or $250,001 per product break) | $2,000,000 (or $2,000,001 per product break) |
| 71-80 | $100,000 (or $100,001 per product break) | $500,000 (or $500,001 per product break) |
| 81 + | All | All |
| All | >$10,000,000 | >$10,000,000 |