Transamerica Universal Life Alpha product details
- Lifetime coverage: Your policy will provide lifetime coverage as long as a certain account value is maintained and premiums are paid
- Cash value growth potential: Your policy earns a steady stream of interest which will never be lower than 2% per annum
- Liquidity intact: You may withdraw or take a loan from your policy when needed, provided certain conditions are met
- Flexibility: You can decide the amount, within a certain range, and select the frequency that you would like to pay for your policy. You can decrease the amount of protection, i.e. the sum assured, and take money from your policy when needed, subject to the terms of the policy contract
- Transparency: You can refer to your annual statement for the interest credited to and the charges taken from your policy
Features of Transamerica Universal Life Alpha at a glance
Cash and Cash Withdrawal Benefits
Cash value: Yes
Cash withdrawal benefits: No
Health and Insurance Coverage
Death: Yes
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No
Health and Insurance Coverage Multiplier
Death: No
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No
Optional Add-on Riders
NA
Additional Features and Benefits
Yes.
For further information and details, fill up the form below and let us advise accordingly.
Read About: Effects of compounding returns
Read About: 3 things to consider before taking up a new financial product
Is Transamerica Universal Life Alpha suitable for me?
Contact InterestGuru using the form below. Our panel of licensed financial advisers will advise accordingly, based on your financial profile and protection needs.
All financial reviews and proposals provided are 100% free of charge. There will be no obligation to take up any proposed financial products or services in any way.
We compare quotations head to head on all leading insurers in Singapore
