Trendsetter Ultra is a term life insurance solution that provides optimised protection levels to meet the needs of affluent and high-net-worth individuals.
With Trendsetter Ultra (Bermuda), you will enjoy:
- Flexibility to select your protection level and period of cover: Choose from a wide range of guaranteed protection periods starting from 5 years with a choice of any duration up to the insured’s age 80, or a term to age 90/ 100 for insureds aged 40 and above.
- Protection for your loved ones: Safeguard your family’s future in the event of an unexpected death. You can do this by providing for your inheritance planning, protecting your children until they become independent, or repaying any outstanding obligations.
- Protection for your business: Ensure business continuity, mitigate risk, and minimise the disruption from the loss of a key employee, a business owner or partner. You will also be able to repay your business loans in the event of an unexpected death of a key employee.
- Guaranteed and affordable premiums: Premiums are economical and guaranteed to remain unchanged throughout the selected policy term (excluding any renewal periods). You can tailor the protection level and period to precisely match your needs.
- Cover extension with the possibility of:
- converting the policy to permanent life insurance at or before the end of the selected policy term or insured’s age 70, whichever is earlier; or
- renewing the base plan, the Accidental Death Benefit and/or the Total and Permanent Disability Benefit (if applicable) on a yearly basis after the selected policy term, up to insured’s age 100 (in respect of the base plan) and insured’s age 70 (for the Accidental Death Benefit and/or Total and Permanent Disability Benefit)
- Supplementary benefit(s) for additional protection (subject to additional premium)
- Accidental Death Benefit – provides additional payment in case of accidental death
- Waiver of Premium Benefit – premium waiver on the base plan and supplementary benefit(s)
- Total and Permanent Disability Benefit – accelerated payment from the sum assured of the base plan in case of total and permanent disability
Disclaimer:
Trendsetter Ultra (Bermuda) (Policy Form No. TL01 BM and TL01 FL) is term life insurance policy underwritten and issued by Transamerica Life Bermuda, a company incorporated in Hamilton, Bermuda. Policies to which this publication relates are only available in Bermuda. Insurance eligibility and premiums are subject to underwriting. In the event of suicide during the first two policy years, death benefit is limited to the return of premiums paid.