Transamerica
Overview.
Through CoPower, you can choose Group Life Plus, a special
policy underwritten by Transamerica Assurance Company (TAC).
It provides eligible employees up to $50,000 guaranteed issue
of term life insurance. Each class of employee may also be
eligible for up to $250,000 of coverage with a simplified
issue plan by answering only five medical questions - no medical
exam required.
TAC will also allow employees diagnosed with a terminal illness
to draw up to 50 percent of the face amount of the policy,
with the balance paid to the beneficiary following the death
of the insured. Premiums will also be waived for each employee
and eligible dependents if he/she becomes disabled for at
least six consecutive months.
Contact Information.
www.transamerica.com
800.797.2643
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