EX-5.B 6 d492136dex5b.htm EXHIBIT 5(B) Exhibit 5(b)

EXHIBIT 5(b)

FORM OF APPLICATION


LOGO

  Individual Variable Deferred Annuity Application
  LOGO   Transamerica Life Insurance Company
    4333 Edgewood Road NE, Cedar Rapids, IA 52499
    (800) 525-6205
Home Office: Cedar Rapids, IA   LOGO   www.transamericaannuities.com

BENEFITS ARE ON A VARIABLE BASIS AND MAY INCREASE OR DECREASE AND ARE NOT GUARANTEED AS TO A FIXED DOLLAR AMOUNT.

 

1. PRODUCT INFORMATION

  Product: PrincipiumSM II

 

2. PRIMARY OWNER INFORMATION

  Type of Owner:

 

  q   Individual(1)   q   Trust (Trust Certification Form is Required)   q   Guardianship / Conservatorship
  q   Corporate   q   Company Qualified Plan (Profit Sharing Plan, Pension Plan, 401(k))   q   UGMA / UTMA

 

  Complete Legal Name:  

 

  Residential  Address:(2)  

 

  City, State, Zip:  

 

  Mailing Address:  

 

  City, State, Zip:  

 

  SSN/TIN:(3)  

 

  Date of Birth:  

 

  Telephone:  

 

  Gender:  q  Male  q  Female

 

  Citizenship:    q  U.S. Citizen
   q  Non-U.S.Citizen (Country of Citizenship:                      )  q  Resident Alien  q  Non-Resident Alien

 

3. JOINT OWNER INFORMATION

If no Joint Owner is listed, Transamerica Life Insurance Company will issue the policy with the Owner listed in Section 2.

 

  Relationship to  Owner:(1)  

 

  Complete Legal Name:  

 

  Residential  Address:(2)  

 

  City, State, Zip:  

 

  Mailing Address:  

 

  City, State, Zip:  

 

  SSN/TIN:(3)  

 

  Date of Birth:  

 

  Telephone:  

 

  Gender:  q  Male  q  Female

 

  Citizenship:    q  U.S. Citizen
   q  Non-U.S.Citizen (Country of Citizenship:                      )  q  Resident Alien  q  Non-Resident Alien

 

   (1)

If Type of Owner in Section 2 is Individual; there must be an immediate (spouse, domestic partner, parent, child, grandparent, grandchild or sibling) familial relationship between the Primary Owner, the Joint Owner (if applicable) and the Annuitant.

   (2)

The Residential Address must be completed and cannot be a P.O. Box.

   (3)

Social Security Number (SSN)/Tax Identification Number (TIN)

 

 

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4. ANNUITANT INFORMATION

If no Annuitant is listed, Transamerica Life Insurance Company will issue the policy with the Primary Owner and Annuitant as the same.

 

  Relationship to  Owner:(1)  

 

  Complete Legal Name:  

 

  Residential  Address:(2)  

 

  City, State, Zip:  

 

  Mailing Address:  

 

  City, State, Zip:  

 

  SSN/TIN:  

 

  Date of Birth:  

 

  Telephone:  

 

  Gender:  q  Male  q  Female

 

  Citizenship:   q  U.S. Citizen
  q  Non-U.S.Citizen (Country of Citizenship:                      )  q  Resident Alien  q  Non-Resident Alien

 

5. BENEFICIARY DESIGNATION (If there are more than 3 beneficiaries, attach an Additional Beneficiary Form.)

The percentages assigned must be whole percentages and total 100% for each beneficiary type (primary and/or contingent). If the percentages do not total 100%, we will consider this designation incomplete until sufficient beneficiary information is received. If a designation is incomplete or there are no surviving beneficiaries at the time a claim is processed, proceeds will be payable per the terms of the policy.

q Primary                                         Allocation Percentage:      %

Is this an Irrevocable Beneficiary?  q  Yes  q  No                     Is this a Restricted Beneficiary?  q  Yes(3)  q  No

 

  Complete Legal Name:  

 

  Relationship to Annuitant:  

 

  Gender:  q  Male  q  Female   q  Entity or Trust(4)  
  Mailing Address:  

 

  City, State, Zip:  

 

  SSN/TIN:  

 

  Date of Birth:  

 

 

  Citizenship:    q  U.S. Citizen
   q  Non-U.S.Citizen (Country of Citizenship:                      )  q  Resident Alien  q  Non-Resident Alien
                               

  q  Primary    q  Contingent             Allocation Percentage:      %

Is this an Irrevocable Beneficiary?  q  Yes  q  No                     Is this a Restricted Beneficiary?  q  Yes(3)  q  No

 

  Complete Legal Name:  

 

  Relationship to Annuitant:  

 

  Gender:  q  Male  q  Female   q  Entity or Trust(4)  
  Mailing Address:  

 

  City, State, Zip:  

 

  SSN/TIN:  

 

  Date of Birth:  

 

 

  Citizenship:    q  U.S. Citizen
   q  Non-U.S.Citizen (Country of Citizenship:                      )  q  Resident Alien  q  Non-Resident Alien

 

   (1)

If Type of Owner in Section 2 is Individual; there must be an immediate (spouse, domestic partner, parent, child, grandparent, grandchild or sibling) familial relationship between the Primary Owner, the Joint Owner (if applicable) and the Annuitant.

  (2)

The Residential Address must be completed and cannot be a P.O. Box.

  (3)

The Beneficiary will not be restricted until the Beneficiary Designation with Restricted Payout Form is received.

  (4)

Submit the Entity Certification or Trustee Certification Form if an Entity or Trust is named as Beneficiary.

 

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5. BENEFICIARY DESIGNATION (continued)

 

  q  Primary     q  Contingent           Allocation Percentage:      %

  Is this an Irrevocable Beneficiary?  q  Yes  q  No                     Is this a Restricted Beneficiary?  q  Yes(1)  q  No

 

  Complete Legal Name:  

 

  Relationship to Annuitant:  

 

  Gender:  q  Male  q  Female   q  Entity or Trust(2)  
  Mailing Address:  

 

  City, State, Zip:  

 

  SSN/TIN:  

 

  Date of Birth:  

 

 

  Citizenship:   q  U.S. Citizen
  q  Non-U.S.Citizen (Country of Citizenship:                      )  q  Resident Alien  q  Non-Resident Alien

 

6. PURCHASE PAYMENT INFORMATION

  Type of Annuity Applying for (select only one):

 

        q  Non-Qualified    q  Traditional IRA    q  Roth IRA    q  SEP IRA    q  Simple IRA   q BENE IRA(3)
        q  Non-Qualified Stretch(3)    q  Profit Sharing Plan(4)    q  Pension Plan(4)    q  401(k)(4)    q  Other:(4)                     

  Funding Options:

 

q   Check/Wire Enclosed   q   Transamerica Life Insurance Company to request release of funds   q   Insurance Producer/Client to request release of funds

  Source of Funds:

 

      q New Money / Contribution Money $         if Qualified Plan - Tax Year:             

 

      q Non-qualified 1035 Exchange - Anticipated Premium Amount $        

 

       If Transamerica Life Insurance Company is to request funds, the IRC Section 1035 Exchange Form is required. Submit the appropriate state replacement form(s) if the Applicant has existing life insurance policies or annuity contracts.

 

      q CD/Mutual Fund Redemption - Anticipated Premium Amount $        

 

       If Transamerica Life Insurance Company is to request funds, the Mutual Fund/CD Redemption Form is required. Submit the appropriate state replacement form(s) if the Applicant has existing life insurance policies or annuity contracts.

 

      q Direct Transfer - Anticipated Premium Amount $        

 

       If Transamerica Life Insurance Company is to request funds, the Qualified Funds Direct Rollover or Transfer Request Form is required. Submit the appropriate state replacement form(s) if the Applicant has existing life insurance policies or annuity contracts.

 

      q Rollover - Anticipated Premium Amount $        

 

       If Transamerica Life Insurance Company is to request funds, the Qualified Funds Direct Rollover or Transfer Request Form is required.

 

   (1)

The Beneficiary will not be restricted until the Beneficiary Designation with Restricted Payout Form is received.

   (2)

Submit the Entity Certification or Trustee Certification Form if an Entity or Trust is named as Beneficiary.

   (3)

Include the deceased information in the Owner Information section.

   (4)

The Qualified Plan Purchase Certification and Acknowledgement and Plan Investment and Services Agreement is required if applying for a Qualified Plan.

 

 

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7A. ELECTIONS - GUARANTEED MINIMUM DEATH BENEFITS

You must select only one Guaranteed Minimum Death Benefit. Your selection cannot be changed after the policy has been issued.

Elections below may not be available in all states or with all products. Issue ages may differ between states and products.

 

  q Policy Value Death Benefit

 

  q Return of Premium Death Benefit

 

  q Annual Step-Up Death Benefit

 

7B. ELECTIONS - ADDITIONAL DEATH BENEFIT RIDER(S)

You can select only one Additional Death Benefit.

Elections below may not be available in all states or with all products. Issue ages may differ between states and products.

 

  q

Additional Death Distribution + SM (Plus)

 

  q

Additional Death DistributionSM

 

7C. ELECTIONS - LIVING/WITHDRAWAL BENEFIT RIDER(S)

You can select only one Living/Withdrawal Benefit.

Elections below may not be available in all states or with all products. Issue ages may differ between states and products.

 

   

Retirement Income Choice® (RIC) Rider - Select Investment Allocations within Section 8C.

Election - To elect this rider, select either the Single option or the Joint option.

 

   q  Single  
   q  Joint -   Joint Owner in Section 3 or Sole Primary Beneficiary in Section 5 must be the Owner’s spouse, civil union or domestic partner.

RIC Rider Options - More than one option may be selected.

 

   q  Income EnhancementSM  
   q  Death Benefit  

 

 

 

   

Retirement Income Max SM Rider - Select Investment Allocations within Section 8E.

Election - To elect this rider, select either the Single option or the Joint option.

 

   q  Single  
   q  Joint -   Joint Owner in Section 3 or Sole Primary Beneficiary in Section 5 must be the Owner’s spouse, civil union or domestic partner.

 

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7C. ELECTIONS - LIVING/WITHDRAWAL BENEFIT RIDER(S) (continued)

 

You can select only one Living/Withdrawal Benefit.

Elections below may not be available in all states or with all products. Issue ages may differ between states and products.

 

   

Income Link® Rider - Select Investment Allocations within Section 8F.

Election - To elect this rider, select either the Single option or the Joint option.

 

  q  Single  
  q  Joint -   Joint Owner in Section 3 or Sole Primary Beneficiary in Section 5 must be the Owner’s spouse, civil union or domestic partner.

 

 

 

   

Guaranteed Principal SolutionSM (GPS) Rider - Select Investment Allocations within Section 8D.

q  GPSSM Rider

 

7D. ELECTIONS - OTHER AVAILABLE RIDER(S)

Elections below may not be available in all states or with all products. Issue ages may differ between states and products.

q  Access Rider

 

8A. INVESTMENT SELECTION - DOLLAR COST AVERAGING (DCA) PROGRAM

If immediately investing all funds proceed to Section 8B. If any funds are to be allocated in the DCA complete this section.

Transfer from:

q  DCA Fixed Account (state maximum caps may apply)

q  TA AEGON Money Market

q  TA AEGON U.S. Government Securities

Frequency and Number of Transfers:

There is a minimum of $500 for each DCA Transfer.

Monthly: q 6 q 10 q 12 q 24 q Other:                      (minimum 6 months/maximum 24 months)

Quarterly: q 4 q 8

For Massachusetts applicants ONLY - The DCA frequency cannot exceed twelve (12) months or four (4) quarters.

For Washington applicants ONLY - If the TA AEGON Money Market or the TA AEGON U.S. Government Securities is selected, the DCA frequency cannot exceed twelve (12) months or four (4) quarters. If the DCA Fixed Account is selected, six (6) monthly transfers must be chosen. If the Retirement Income Choice®Rider, the Retirement Income MaxSM Rider or the Income Link® Rider in Section 7C is selected, the DCA Fixed Account is not available.

 

8B. INVESTMENT SELECTION - ASSET REBALANCING PROGRAM

Rebalancing will not begin until completion of DCA Program, if applicable. Money invested in the Fixed Account is not included. More than one investment option must be allocated to participate in this program. If you would like to rebalance to a mix other than indicated in Section 8, please complete the Optional Services Form.

I elect Asset Rebalancing:  q  No  q  Yes

Rebalance the variable investment options according to my allocations in Section 8 using the frequency indicated below.

q  Monthly q  Quarterly q Semi-Annually q Annually

 

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8C. INVESTMENT SELECTION - RETIREMENT INCOME CHOICE® RIDER ALLOCATIONS

For all options listed in this Section, the Initial Allocation Percentage column (Initial %) and DCA (if applicable) Allocation Percentage column (DCA %) must each total 100%. All allocations must be entered in whole percentages.

Investment Allocations if the Retirement Income Choice® Rider was elected in Section 7C.

 

        Initial %     DCA %         Initial %      DCA %
        (Required)     (Optional)         (Required)      (Optional)

Initial Investment for DCA

        .0           
                                          

Designated Group A Allocations

            

  TA AEGON Tactical Vanguard ETF - Growth

  (782)

        .0         .0   TA Legg Mason Dynamic Allocation - Growth (767)         .0          .0  

  TA Vanguard ETF Index - Growth (857)

        .0         .0         
                                          

Designated Group B Allocations

            

  TA AEGON Tactical Vanguard ETF -Balanced

  (783)

        .0         .0   TA Legg Mason Dynamic Allocation - Balanced (766)         .0          .0  

  TA Vanguard ETF Index - Balanced (856)

        .0         .0         
                                          

Designated Group C Allocations

            
  1 Year Fixed Guaranteed Period(1) (101)         .0         .0   3 Year Fixed Guaranteed Period(1) (103)         .0          .0  

  5 Year Fixed Guaranteed Period(1) (105)

        .0         .0   7 Year Fixed Guaranteed Period(1) (107)         .0          .0  

  TA AEGON Money Market (829)

        .0         .0   TA AEGON Tactical Vanguard ETF - Conservative (784)         .0          .0  

  TA AEGON U.S. Government Securities

  (828)

        .0         .0  

TA PIMCO Total Return (823)

        .0          .0  

  TA Vanguard ETF Index - Conservative

  (779)

        .0         .0         

 

   (1)

The Guaranteed Period Options may not be available in all states or with all products. Premium limits may apply.

 

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8D. INVESTMENT SELECTION - OPEN/OTHER INVESTMENT ALLOCATIONS

For all options listed in this Section, the Initial Allocation Percentage column (Initial %) and DCA (if applicable) Allocation Percentage column (DCA %) must each total 100%. All allocations must be entered in whole percentages.

Investment Allocations if the Guaranteed Principal SolutionSM Rider or if no Living/Withdrawal Benefit Rider was elected in Section 7C.

 

     Initial %     DCA %          Initial %     DCA %  
     (Required)     (Optional)          (Required)     (Optional)  

Initial Investment for DCA

         .0         

  

   

Non-Designated (Open) Allocations

           
1 Year Fixed Guaranteed Period(1) (101)          .0         .0   3 Year Fixed Guaranteed Period(1) (103)          .0         .0
5 Year Fixed Guaranteed Period(1) (105)          .0         .0   7 Year Fixed Guaranteed Period(1) (107)          .0         .0
TA AEGON Money Market (829)          .0         .0   TA AEGON Tactical Vanguard ETF - Balanced (783)          .0         .0
TA AEGON Tactical Vanguard ETF - Conservative(784)          .0         .0   TA AEGON Tactical Vanguard ETF - Growth (782)          .0         .0
TA AEGON U.S. Government Securities (828)          .0         .0   TA Efficient Markets (Investing in Vanguard® ETFs and Dimensional Fund Advisors Mutual Funds) (861)          .0         .0
TA Legg Mason Dynamic Allocation - Balanced (766)          .0         .0   TA Legg Mason Dynamic Allocation - Growth (767)          .0         .0
TA PIMCO Total Return (823)          .0         .0   TA Vanguard ETF Index - Aggressive Growth (780)          .0         .0
TA Vanguard ETF Index - Balanced (856)          .0         .0   TA Vanguard ETF Index - Conservative (779)          .0         .0
TA Vanguard ETF Index - Growth (857)          .0         .0       

 

(1)

The Guaranteed Period Options may not be available in all states or with all products. Premium limits may apply.

 

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8E. INVESTMENT SELECTION - RETIREMENT INCOME MAXSM RIDER INVESTMENT ALLOCATIONS

For all options listed in this Section, the Initial Allocation Percentage column (Initial %) and DCA (if applicable) Allocation Percentage column (DCA %) must each total 100%. All allocations must be entered in whole percentages.

Investment Allocations if the Retirement Income MaxSM Rider was elected in Section 7C.

 

        Initial %     DCA %         Initial %      DCA %
        (Required)     (Optional)         (Required)      (Optional)

Initial Investment for DCA

        .0           
                                          
  1 Year Fixed Guaranteed Period(1) (101)         .0         .0   3 Year Fixed Guaranteed Period(1) (103)         .0          .0  
  5 Year Fixed Guaranteed Period(1) (105)         .0         .0   7 Year Fixed Guaranteed Period(1) (107)         .0          .0  
  TA AEGON Money Market (829)         .0         .0   TA AEGON Tactical Vanguard ETF - Balanced (783)         .0          .0  
  TA AEGON Tactical Vanguard ETF -   Conservative (784)         .0         .0   TA AEGON U.S. Government Securities (828)         .0          .0  
  TA Legg Mason Dynamic Allocation -   Balanced (766)         .0         .0   TA PIMCO Total Return (823)         .0          .0  

  TA Vanguard ETF Index - Balanced

  (856)

        .0         .0   TA Vanguard ETF Index - Conservative (779)         .0          .0  

 

8F. INVESTMENT SELECTION - INCOME LINK® RIDER INVESTMENT ALLOCATIONS

For all options listed in this Section, the Initial Allocation Percentage column (Initial %) and DCA (if applicable) Allocation Percentage column (DCA %) must each total 100%. All allocations must be entered in whole percentages.

Investment Allocations if the Income Link® Rider was elected in Section 7C.

 

        Initial %     DCA %         Initial %      DCA %    
        (Required)     (Optional)         (Required)      (Optional)    

Initial Investment for DCA

        .0             
                                            
  1 Year Fixed Guaranteed Period(1) (101)         .0         .0   3 Year Fixed Guaranteed Period(1) (103)         .0          .0    
  5 Year Fixed Guaranteed Period(1) (105)         .0         .0   7 Year Fixed Guaranteed Period(1) (107)         .0          .0    
  TA AEGON Money Market (829)         .0         .0   TA AEGON Tactical Vanguard ETF - Conservative (784)         .0          .0    

  TA AEGON U.S. Government Securities

  (828)

        .0         .0   TA PIMCO Total Return (823)         .0          .0    

  TA Vanguard ETF Index - Conservative

  (779)

        .0         .0           

 

(1)

The Guaranteed Period Options may not be available in all states or with all products. Premium limits may apply.

 

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9A. OWNER ACKNOWLEDGEMENTS - DISCLOSURES

 

   

Unless I have notified Transamerica Life Insurance Company of a community or marital property interest in this contract, Transamerica Life Insurance Company will rely on good faith belief that no such interest exists and will assume no responsibility for inquiry.

 

   

To the best of my knowledge and belief, all of my statements and answers on this application are correct and true.

 

   

This application is subject to acceptance by Transamerica Life Insurance Company. If this application is rejected for any reason, Transamerica Life Insurance Company will be liable only for return of purchase payment paid.

 

   

I understand that federal law requires all financial institutions to obtain customer information, including the name, residential address, date of birth, Social Security Number or Tax Identification Number and any other information necessary to sufficiently identify each customer.

 

   

When funds are allocated to the Fixed Accounts in Section 8, policy values may increase or decrease in accordance with an Excess Interest Adjustment prior to the end of the Guaranteed Period.

 

   

All statements in this application made by or under the authority of the applicant are representations and not warranties.

 

9B. OWNER ACKNOWLEDGEMENTS - ELECTRONIC DOCUMENT DELIVERY

Skip to Section 9C if you are not initiating the process of Electronic Document Delivery.

By providing an email address in this section, I consent to initiate the process of receiving electronic documents and notices applicable to the Eligible Policy/Policies accessed through the Company website. These include, but are not limited to, prospectuses, prospectus supplements, annual and semiannual reports, quarterly statements and immediate confirmations, privacy notices and other notices and documentation in electronic format when available instead of receiving paper copies of these documents by U.S. mail. I consent to receive in electronic format any documents added in the future.

Please call (800) 525-6205 or visit the Company website if you would like to revoke your consent, wish to receive a paper copy of the information above, or need to update your email address.

 

Email Address:  

 

Electronic Delivery Document notifications will be provided to only one email address. Any email provided above will override any existing email address, if applicable.

 

9C. OWNER ACKNOWLEDGEMENTS - NORTH CAROLINA APPLICANTS ONLY

All questions in this section must be answered if the issue state is North Carolina.

 

q    No    q    Yes    Do you believe the selected policy will meet your retirement needs and financial objectives?
q    No    q    Yes    Are your other investments and savings adequate to meet planned expenses and possible financial emergencies without need to liquidate this product and possibly incur a penalty?
q    No    q    Yes    Do you believe that the selected policy is appropriate for your tax status and meets your tax objectives?
q    No    q    Yes    Do you understand that you bear the entire investment risk for all amounts you put in the separate account?

 

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9D. OWNER ACKNOWLEDGEMENTS - TELEPHONE/ELECTRONIC AUTHORIZATION

As the Owner, you will receive this privilege automatically. If a policy has Joint Owners, each Owner may individually make telephone and/or electronic requests. If no option is selected, the authorization will default to Owner only.

 

q

   Yes    By checking “Yes,” I am authorizing and directing Transamerica Life Insurance Company to act on telephone or electronic instructions from my insurance producer of record, servicing representative(s) or their support staff. This may include fund transfers, allocation changes and any other changes approved by Transamerica Life Insurance Company. Transamerica Life Insurance Company will use reasonable procedures to confirm that these instructions are authorized and genuine. As long as these procedures are followed, Transamerica Life Insurance Company and its affiliates and their directors, officers, employees, representatives and/or insurance producers will be held harmless for any claim, liability, loss or cost.

q

   No    By checking “No”, I am not authorizing and directing Transamerica Life Insurance Company to act on telephone or electronic instructions from my insurance producer of record, servicing representative(s) or their support staff.

 

10. OWNER & REPRESENTATIVE/INSURANCE PRODUCER - REPLACEMENT INFORMATION

Both the Owner Response and the Representative/Insurance Producer Response columns must be completed.

 

Replacement Questions    Owner Response    Representative/Insurance
Producer Response
Did the representative/insurance producer present and leave only insurer-approved sales material with the Owner?    Not Applicable    q No q Yes

Does the Owner have any existing life insurance policies or annuity contracts?

   q No q Yes    q No q Yes
Will this annuity replace or change any existing life insurance policies or annuity contracts?    q No q Yes    q No q Yes

If yes - Company:                                                                                 

         

Policy #:                                                                                      

 

         

 

11. FRAUD & DISCLOSURE STATEMENTS

For Applicants in CO - It is unlawful to knowingly provide false, incomplete, or misleading facts or information to an insurance company for the purpose of defrauding or attempting to defraud the company. Penalties may include imprisonment, fines, denial of insurance, and civil damages. Any insurance company or agent of an insurance company who knowingly provides false, incomplete, or misleading facts or information to a policyholder or claimant for the purpose of defrauding or attempting to defraud the policyholder or claimant with regard to a settlement or award payable from insurance proceeds shall be reported to the Colorado Division of Insurance within the Department of Regulatory Agencies.

For Applicants in DC - WARNING: It is a crime to provide false or misleading information to an insurer for the purpose of defrauding the insurer or any other person. Penalties include imprisonment and/or fines. In addition, an insurer may deny insurance benefits if false information materially related to a claim was provided by the applicant.

For Applicants in FL - Any person who knowingly and with intent to injure, defraud, or deceive any insurer files a statement of claim or an application containing any false, incomplete, or misleading information is guilty of a felony of the third degree.

For Applicants in LA, ME, NM, OK, RI, TN, WV - Any person who knowingly presents a false or fraudulent claim for payment of a loss or benefit or knowingly presents false information in an application for insurance is guilty of a crime and may be subject to fines and confinement in prison.

 

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11. FRAUD & DISCLOSURE STATEMENTS (continued)

 

For Applicants in OR - Any person who knowingly presents a material false statement in an application for insurance may be guilty of a criminal offense and subject to penalties under state law.

For Applicants in PA - Any person who knowingly and with intent to defraud any insurance company or other person files an application for insurance or statement of claim containing any materially false information or conceals for the purpose of misleading, information concerning any fact material thereto commits a fraudulent insurance act, which is a crime and subjects such person to criminal and civil penalties.

For Applicants in WA - It is a crime to knowingly provide false, incomplete, or misleading information to an insurance company for the purpose of defrauding the company. Penalties may include imprisonment, fines, or a denial of insurance benefits.

Under the Washington Uniform Transfers to Minors Act, extending custodianship to age twenty-five may cause you to lose your annual exclusion from Federal Gift Tax. We recommend you seek the advice of your tax counsel prior to making this election.

For Applicants in all other states - Any person who knowingly presents a false statement in an application for insurance may be guilty of a criminal offense and subject to penalties under state law.

 

12. OWNER & ANNUITANT SIGNATURES

q Please check here if you want to be sent a copy of “Statement of Additional Information.”

Account values when allocated to any of the options in Section 8 are not guaranteed as to fixed dollar amount and will increase or decrease with investment experience.

 

Signed at:

 

 

  City    State

Date:

 

 

  Linking Number:  

 

F

   Owner(s) Signature:  

X

F

   Joint Owner(s) Signature:  

X

F

   Annuitant Signature (if not Owner):  

X

 

 

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13. REPRESENTATIVE/INSURANCE PRODUCER ACKNOWLEDGEMENTS & SIGNATURES

REMINDER - Please verify a product has been selected in Section 1.

I certify that I have truly and accurately recorded on the application the information that was provided to me by the applicant.

If this is a replacement transaction, I confirm that I have reviewed Transamerica Life Insurance Company’s written standard regarding the acceptability of replacements and that it meets the Company’s standard.

Primary Registered Representative/Licensed Insurance Producer

 

Print Full Name:   

 

Representative/Insurance Producer ID Number:   

 

Email Address (Optional):  

 

  Phone Number:  

 

Firm Name:  

 

Firm Address:   

 

Florida Agent License Number (Applicable only on policies sold in Florida):  

 

Commission Split:(1)    %  
   F    Signature:  

 

X

 

 

For Representative/Insurance Producer Use Only - Contact your home office for program information.

Commission options below are based on the product and rider(s) selected and may not be available in all states.

q Option A     q Option B     q Option C     q Option D

(Once selected, program cannot be changed)

 

 

Additional Registered Representative(s)/Licensed Insurance Producer(s)

The following Servicing Registered Representative(s)/Insurance Producer(s) must also meet all licensing, appointment and training required to solicit this policy. As a Servicing Registered Representative/Insurance Producer the individual(s) listed below will have the same independent rights to access policy information and submit instructions as are granted to the Primary Registered Representative/Licensed Insurance Producer of Record.

 

Print Full Name:

 

 

Representative/Insurance Producer ID Number:

 

 

  Commission Split:(1)    %

Florida Agent License Number (Applicable only on policies sold in Florida):

 

 

Print Full Name:

 

 

Representative/Insurance Producer ID Number:

 

 

  Commission Split:(1)    %

Florida Agent License Number (Applicable only on policies sold in Florida):

 

 

Print Full Name:

 

 

Representative/Insurance Producer ID Number:

 

 

   Commission Split:(1)    %

Florida Agent License Number (Applicable only on policies sold in Florida):

  

 

 

(1)

Must be in whole percentages. Total Commission Split in Section 13 must equal 100%.

 

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