We proudly announce the launch of our refreshed brand, featuring a new logo and refined look and feel. This launch solidifies our company’s ambition for growth as an established and evolving business of Aegon Group, an international financial services holding company, with its united purpose of helping people live their best lives.

Term Life

Focused on providing guaranteed life protection benefits for a chosen duration to give customers the financial support they need to navigate unpredictable occasions. Term life insurance premiums are relatively lower than insurance that offers both life protection and savings coverage, providing a cost effective way to gain or strengthen life protection. 

Universal Life

A type of whole life insurance that consists of two components: life protection and savings. It provides the flexibility for policyholders to adjust their premium payments and withdraw money from their in-force insurance policies to meet changing financial needs.

Indexed Universal Life

A variation of UL insurance. In addition to the life protection benefit and flexibility of UL insurance, an indexed UL plan brings wealth growth potential by tracking the performance of specific indices. A comprehensive indexed UL life insurance plan provides a diverse suite of index tracking options as well as downside protection to guard against market volatility.

Indexed Savings

As a type of indexed UL insurance, it primarily focuses on savings and long-term wealth growth by providing returns through tracking the performance of certain indices while also providing downside protection. Its savings focus also comes with a lower proportion of life protection benefit, with an easy application and no health requirements.

Transamerica Life Bermuda today announced the launch of Prospera™ FlexiGrowth Indexed Savings (“Prospera FlexiGrowth” / “the Plan”), a savings-oriented indexed universal life (IUL) insurance plan that emphasises long-term wealth growth with flexible succession options.

Transamerica Life Bermuda today announced a new logo design as part of a comprehensive brand refresh scheduled for March 2025.

Succession and Estate Planning are Growing Priorities among HNW Individuals and Families in Asia, the Middle East and India, and Europe 

-- Over half of respondents’ clients are aware of life insurance as tool for succession planning, yet more needs to be done to fit it into an overall plan 

 

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