Transamerica: Updated Underwriting Guidelines


The COVID-19 pandemic has impacted the industry in many ways, including limiting access to paramedical exams. Transamerica is now offering additional options to satisfy medical requirements on new cases which includes increased non-medical guidelines for clients through age 55.*

Starting on 4/8/2020, these new guidelines will be in effect until further notice for Trendsetter Super, Trendsetter LB, Transamerica Financial Foundation IUL, and Transamerica Lifetime current medical guidelines for clients thru 75 years old  

  • Traditional paramed exams and labs will still be accepted at the current medical guidelines for clients under 75 years old — the following chart outlines options in lieu of the traditional paramed requirements
  • Due to the circumstances around COVID-19, Transamerica will not be accepting applications on clients over the age of 75 for all life insurance products and unable to offer LTC Riders or Chronic or Critical Living Benefit riders on individuals ages 56-75
  • Requests to reduce face amounts to nonmed levels to waive medical requirements will be honored; contact your Underwriter to request this

Please refer to the chart linked below to view the updated age/amount requirements. 

* Normal age and amount requirements will continue to be required. No additional considerations will be given for insureds over age 55 (age 56+).