CASE STUDY: Transamerica Showcases Foreign National Proficiency

Take a look at this new Case Study!

AT A GLANCE

Carrier: Transamerica
Product: Transamerica Trendsetter Super 20
Target Premium: $20,150

CLIENT PROFILE

• 65-year-old foreign national male from Uruguay seeking $2,000,000 of term coverage

SOLUTION

• Transamerica's foreign national underwriting

RESULTS

• One of Transamerica’s core competencies is the foreign national space, including a robust country list, translation services, open product selection, and liberal global net worth requirement. In this case, the client was looking for term coverage and his medical records were from Uruguay.

• Transamerica was able to take the case in an easy, sales-friendly way:

• Unlike most carriers, Transamerica will offer term on foreign nationals

• Uruguay is an "A" country

• Transamerica reads medical records in Spanish and does not require a translation service.

• Transamerica allows for power of attorney on policy delivery

• All of these factors made Transamerica the insurance company of choice for this case, placing $20,150 in target premium.