Transamerica: Closing of New Sales for Agent Sold Medicare Supplement
Notice from Transamerica:
Our commitment to you and your customers has always been to provide quality protection, products, and services to individuals and families that they can count on.
With this in mind, we’ve decided to streamline our focus and product portfolio by closing new sales of our agent sold Medicare Supplement Insurance business. Effective September 28, 2020, we will stop all new sales for this line of business. This includes all new sales for Agent Sold (MSH1) Medicare Supplement Insurance plans A, B, C, D, F, G, and N.
DATES OF TRANSITION
September 25, 2020, will be the last day to submit applications on the iGO e App®
All applications must be signed on or before September 25, 2020, and received in-house before 4 p.m. ET no later than October 2, 2020
Existing inforce policies will not be impacted and will continue to be supported. Clients will still have the ability to renew their policy.
Producing agents will be notified of this change within the next week, and the information will be posted on our agent web portals as well.
We appreciate your continued support and value your input as we develop new ways to better serve you and your clients.