In 1928 gianninis bank merged with the bank of americatransamerica itself was founded by giannini as a holding company which acquired occidental life insurance in 1930. Our transamerica life insurance review should provide plenty of information about transamerica so you can make your own decisions about transamerica going forward.
No longer needing it in oct 2019 i exercised surrender of my policy for the cash value of nearly 22000.
Transamerica life insurance review. Transamerica life insurance company is owned by transamerica financial a financial services company with the motto wealth health while the company as a whole seems to focus on other services its insurance branch is financially stable and has had few complaints filed against it. December 12 2019 grant sabatier this article includes links which we may receive compensation for if you click at no cost to you. Plans are available in 10 15 20 25 and 30 year terms all of which can be converted to permanent policies before the end of the term.
Term life insurance is transamericas most affordable option designed to provide coverage for a specified period of time. This is a wider range than most companies on both counts. Transamerica life insurance review.
Transamerica offers individual term index universal variable universal and whole life insurance. Transamerica provides life insurance policies that are both well rounded and flexible. This is why i put this transamerica life insurance review together to help you understand if this product is best for you and how it works.
Transamerica has affordable term life policies with some excellent temporary coverage options as well. Our transamerica life insurance reviews will cover transamericas company history life insurance products offered sample rates and more. Although its headquarters are no longer in san francisco transamerica still uses the image of.
Transamerica has something of a complex history going back to 1904 when amadeo giannini founded the bank of italy in san francisco. Transamerica life insurance review for 2020. We love that it offers term life coverage ranging from 10 to 30 years in length and from 25000 to 10 million in death benefits.
They have some of the best rates for any type of medical situation there are multiple insurance options including no exam. When looking for the most suitable life insurance option often what people care about the most is cost. Ive had a term life insurance with transamerica since 1995.
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