Transamerica adds four ULs.Transamerica Occidental oc·ci·den·tal or Oc·ci·den·tal adj. Of or relating to the countries of the Occident or their peoples or cultures; western. n. A native or inhabitant of an Occidental country; a westerner. Noun 1. Life Insurance Co. has introduced four universal life products: single-premium and level-premium TransACE and TransUltra. The single-premium policies are designed for 1035 exchanges and other lump-sum situations, such as a conversion or repositioning repositioning Laparoscopic surgery The changing of a Pt's position during a procedure to improve access or visualization of the operative field, which may be linked to complications, as it changes anatomic planes of operation. Cf Laparoscopic surgery. of a certificate of deposit or annuity annuity: see insurance. annuity Payment made at a fixed interval. A common example is the payment received by retirees from their pension plan. There are two main classes of annuities: annuities certain and contingent annuities. . The TransACE products are among the first in the industry to use the 2001 mortality tables and provide a no-lapse death-benefit guarantee. The TransUltra are current-assumption products designed specifically for return-of-premium or return-of-accumulation-value death-benefit options. |
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