Transamerica Life Insurance Company; Rate Increase Filing for Several Long Term Care Policies [42 Pa.B. 7880]
[Saturday, December 29, 2012]Transamerica Life Insurance Company is requesting a 17% increase on several LTC forms. The increase will affect policies written by Transamerica Life Insurance Company as well as policies originally written by Transamerica Occidental Life Insurance Company and Life Investors Insurance Company of America.
The following forms will be affected.
Transamerica Life Insurance Company Forms: IP-70-PA-494, IP-71-PA-494, FP-70-PA-494, FP-71-PA-494 as Flex series; 6222 (PA) 289 as LTC series; LTC 2 (PA) 1290 as LTC 2 series; LTC 3 (PA) 1091, LTC 3 (PA) 1091 (GR194), LTC 3 (PA) 1091 (GR195), LTC 3 (PA) 1091 (REV195) as LTC 3/4 series; LTC 5 TQ NH (PA) 1096, LTC 5 TQ COM (PA) 1096, LTC 5 TQ NH (PA-FP) 1096, LTC 5 TQ COM (PA-FP) 1096 as LTC 5 TQ series.
Life Investors Insurance Company of America Forms: GCPLUS 1290 (PA) and GCPLUS 2 1290 (PA) as Golden Care series; GCPRO (PA) 193, GCPRO (PA-FR) 193, GCPRO (PA) 995, GCPRO (PA-FR) 995 as Protector series; GCPRO-II (PA) 794, GCPRO-II (PA-FR) 794, GCPRO-II (PA) 995, GCPRO-II (PA-FR) 995 as Protector II series; KLTCP 1 (PA) 490 as Future Care Series; LI-LTCP (PA) 192, LI-LTCP (PA) 195, LI-LTCP (PA-FR) 195 as Future Care 2 NTQ series; LI-LTCP TQ (PA) 898, LI-LTCP TQ (PA-FR) 898 as Future Care Pool TQ series.
Transamerica Occidental Life Insurance Company Forms: 1-812 44-190 as TransCare 1 series; 1-820 44-991, 1-822 44-991 as TransCare 2 series; LTC-104-194-PA, LTC-105-194-PA, LTC-106-194-PA as TransCare Companion series; LTC 124-197-PA, LTC 224-197-PA, LTC 125-197-PA, LTC 225-197-PA, LTC 126-197-PA, LTC 226-197-PA as TransCare TQ Series; LTC 304-198-PA, LTC 305-198-PA as TransGenerations series.
Unless formal administrative action is taken prior to March 13, 2013, the subject filing may be deemed approved by operation of law.
A copy of the filing is available on the Insurance Department's (Department) web site at www.insurance. pa.gov. Under the tab ''How to Find . . .'' click on the link ''PA Bulletin.''
Copies of the filing are also available for public inspection, by appointment, during normal working hours at the Department's Harrisburg Office.
Interested parties are invited to submit written comments, suggestions or objections to James Laverty, Actuary, Insurance Department, Insurance Product Regulation, Room 1311, Strawberry Square, Harrisburg, PA 17120, jlaverty@pa.gov within 30 days after publication of this notice in the Pennsylvania Bulletin.
MICHAEL F. CONSEDINE,
Insurance Commissioner[Pa.B. Doc. No. 12-2548. Filed for public inspection December 28, 2012, 9:00 a.m.]
