IPO - TRANSAMERICA LIFE INSURANCE CO

Form Type: S-1

Filing Date: 2025-01-15

Corporate Action: Ipo

Type: New

Accession Number: 000119312525006893

Filing Summary: Transamerica Life Insurance Company has filed a registration statement under the Securities Act of 1933 to offer its Transamerica Structured Index Advantage® Annuity. This is an Individual Flexible Premium Deferred Index-Linked Annuity Policy designed for tax-deferred accumulation of retirement funds and long-term financial planning. The document outlines that policyholders can allocate premium payments among various investment options that include index-linked and fixed account options. Key features discussed include the structure of Index Account Options linked to specific market indices, offering a downside protection feature through buffers that limit losses against negative index performances. The document also details the various risks involved with index-linked annuities, including investment loss risks and details on surrender options and potential penalties for early withdrawals. Additionally, various fees related to the policy are specified, including advisory fees. This filing is an initial public offering of securities, with securities being registered on a delayed basis amid regulatory compliance requirements.

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