Cost of Insurance (COI) Update: Transamerica Life Insurance Company
Very recently, we received the first notice (Notice of Change in Non-guaranteed Elements of your Policy) in what appears to be another wave of COI increases from Transamerica Life Insurance Company. As to why this increase is taking place, the multi-page letter indicates the following: What’s Changing and Why Once a month, Transamerica withdraws a monthly deduction from the policy's accumulation value (i.e., the [...]