PlanSource Partners with
Transamerica has been helping families Transform Tomorrow® for over 100 years. For more than half a century, we’ve provided voluntary benefits in the workplace. We offer employees a comprehensive portfolio of supplemental health and life insurance products underwritten by Transamerica Life Insurance Company and Transamerica Financial Life Insurance Company. It’s our way of helping people create better financial futures.
PlanSource enables the efficient sale and effective distribution of Transamerica’s voluntary life and supplemental health products through its configurable benefits engagement system. PlanSource can be administered by employers, or configured as an exchange that can be sponsored by governments, insurers, brokers, technology companies and even large employers.
PlanSource is a technology company driven to create a better benefits and HR experience for employers and their employees. We offer flexible and intuitive software for benefits administration, insurance exchanges and human capital management. Our complete cloud technology helps employers with benefits shopping, enrollment, billing and compliance.
How Do PlanSource and Transamerica Work Together?
As a valued partner of the PlanSource Advantage program, Transamerica provides monetary credits when employers offer Transamerica products to their employees and those employees participate. These credits apply toward the software subscription fees, which lowers the cost of the PlanSource system.
What Products Are Available?
Transamerica offers these product lines on PlanSource to groups with 101 eligible employees or more
Employer Paid Term Life
Short Term Disability
Voluntary Term Life
Why Do Employers Choose Transamerica With PlanSource?
PlanSource is a multi-carrier benefits administration platform that can be customized by employers to support various benefit models.
We know HR and aim to make your life easier by providing an experience to help you maintain control and stay compliant.
PlanSource is a proven, SSAE16 SOC 2 Type 2 audited technology platform that is dedicated to system stability and customer data security.
Personalize the content that displays to employees based upon demographics, location, employee type and more.
By selecting Transamerica, PlanSource offers pre-established integration for products and services that are quick to setup and support.
We guide employees through the process so that they can shop for benefits the same way they shop for other products online.
PlanSource Serves Employers of All Sizes
It’s becoming increasingly costly and complex for employers to manage their benefits programs and ensure compliance.
PlanSource provides companies of all sizes with an affordable technology platform to efficiently manage their benefits and human resources programs.
How Do Transamerica Employers Benefit?
Complete Benefits Plans
With 9 product lines to choose from with Transamerica, employers are able to offer their employees a comprehensive selection of insurance products and services.
Happier Employee Populations
By making informed choices and selecting benefits that are right for them, employees will be more dedicated to their work and productive for their employers.
Affordable Benefits Administration
Take advantage of credits based on enrolled employees in Transamerica products which offset the fees for the software, making the benefits administration system even more affordable.
How Does Transamerica Benefit?
Increased Lines of Coverage
Our PSA partners offer financial incentives to employers, which increases the likelihood of their product being selected by an employer and enrolled in by employees.
Increased Customer Retention
PlanSource customers stay PlanSource customers by providing a best in class benefits and human capital solution that is a one stop shop for all of their HR needs.
Increased Employee Participation
PlanSource provides educational content by product and decision support tools which helps employees understand the product offerings and enroll in the right benefits.
How Do Transamerica Insurance Brokers Benefit?
By offering product lines from Transamerica, insurance brokers can prescribe the products that are right for their client’s employee populations.
By paying brokers based on enrolled employees, Transamerica offsets the fees for the software which make the benefits administration system even more profitable.
Awesome Customer Experience
With an experienced service team and competitive carrier program whose credits offset the price of the software, we help your customers stay your customers.
See PlanSource in Action
Have questions about the Transamerica and PlanSource partnership?
Contact Sales in Your Area
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