1111 Transamerica Life Insurance Company (AEGJ-130596697); rate increase filing for several individual LTC forms
Transamerica Life Insurance Company (AEGJ-130596697); Rate Increase Filing for Several Individual LTC Forms [46 Pa.B. 3393]
[Saturday, June 25, 2016]Transamerica Life Insurance Company is requesting approval to increase the premium 69% on 1,867 policyholders with the following individual LTC policies from Transamerica Life, Life Investors and Transamerica Occidental.
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.
Forms originally sold by Life Investors Insurance Company of America: 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.
Forms originally sold by Transamerica Occidental Life Insurance Company: 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 September 8, 2016, 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. To view these filing notices, hover the cursor over the word ''Consumers'' in the blue bar at the top of the webpage then select ''Long Term Care Rate Filings'' from the drop down menu.
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.
TERESA D. MILLER,
Insurance Commissioner[Pa.B. Doc. No. 16-1111. Filed for public inspection June 24, 2016, 9:00 a.m.]
