There are the Trendsetter Super Series, and the Trendsetter LB. Transamerica Life Insurance Company offers two different term life insurance policies. Term life insurance policies are purchased for a set amount of time, or “term.” These terms will usually be for ten, fifteen, twenty, or even thirty years. This can allow an insured to obtain a large amount of coverage for an affordable premium price. With term life insurance, there is death benefit only protection, with no cash value. Coverage options include both convertible Transamerica term life insurance and permanent policies, as well as final expense and accidental death coverage. Transamerica offers a wide range of life insurance coverage for both individuals and businesses. Life Insurance Coverage Offered Through Transamerica These will give you confidence that choosing a Transamerica life policy will be secure for the lifetime of the plan. Thanks to Transamerica’s sturdy financials most of the rating agencies have given them high marks, including A+ from AM Best A+ from Fitch and an A1 from Moody’s. Insurance Ratings and Better Business Bureau Grade In the year 2016 alone, the Transamerica Foundation contributed nearly $6.9 million. Other areas that Transamerica offers support is in the areas of education and financial literacy, health and wellness, human services, and the United Way. These include programs that foster creativity in the areas of music and performing arts, such as support venues that promote artistic expression, and civic and community activities such as those that encourage development and promote civic engagement. Along with its parent company, Aegon N.V., Transamerica Life Insurance Company’s core business is in the providing of life insurance, pension solutions, and asset management.Īs with the other Transamerica companies, Transamerica Life Insurance Company is involved in a number of sponsorships and community-related activities. Transamerica has a strong and stable financial position, with total assets of nearly $131,800,000 as of year-end 2016, and more than $1,055 billion of insurance in force at that same time. While Transamerica is still a major presence in San Francisco, Transamerica Life Insurance Company is headquartered in Cedar Rapids, Iowa. Transamerica Casualty Insurance Company.Transamerica Advisors Life Insurance Company.Transamerica Premier Life Insurance Company.Transamerica Financial Life Insurance Company.There are several company subsidiaries within the Transamerica Insurance family, including: Operating in more than 20 markets worldwide, this company has a well known and highly regarded name. With more than 55 years in the insurance arena, the company has expanded its product line to offer a wide range of options, including term and permanent protection. Transamerica Life Insurance Company has been providing life insurance products since 1961. Over time, the company grew into what is today the Transamerica companies – one of which is Transamerica Life Insurance Company. Giannini’s aim was to make financial services available to everyone – not just to wealthy individuals. In 1904, Amadeo Giannini founded a company called the Bank of Italy in a converted San Francisco saloon.
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