Transamerica Life Insurance is an insurance carrier based in Cedar Rapids, IA. Company Overview Power 2020 Life Insurance Study, and its AM Best Financial Strength Rating was downgraded in 2019. Trendsetter Super. This material was prepared for general distribution. Transamerica has been names to both Working Mothers 100 Best Companies and Best Companies for Dads. It also offers a wide selection of life insurance policies: term life, whole life, indexed universal life, and final expense insurance. Transamerica life insurance rates start at less than $20/mo for 25-year-olds and increase as you age. Term life insurance. Their supplemental insurance plans are now offered through their Transamerica Premier Life Insurance division, rather than their Stonebridge Life Insurance division. Up to $99,999 without a medical exam. Term & Final expenses life insurance details. Most of these policies require a medical exam, but if you’re buying less than $100,000 in coverage you can skip the medical exam. Face Amount $25,000 to $10 million. Learn more about the awards and Transamerica in our press release below. Both term policies provide 10, 15, 20, 25, and 30-year terms. Transamerica Term Life Insurance – 2 Types: 1. Term life insurance plans expire after a predetermined number of years and have fixed premium rates for the duration of the term. Reply The overall rating of the company is 1.4 and consumers are mostly dissatisfied.. Transamerica’s life insurance policies have up to 10 million dollars of coverage for term life insurance and 2 million dollars of coverage for whole life. Death benefits range from $25,000 to $10 million! Can convert to permanent life insurance without a medical exam. Transamerica doesn’t “hire” and cannot. Transamerica Life Insurance Review (2021) Transamerica Life Insurance Company has been offering coverage since 1904 and has consistently received positive ratings from agencies like the BBB, A.M. Best, S&P, and more. As with other companies that offer the standardized Medicare supplemental plans, prices vary depending on where the applicant lives and the age-rating method the company uses. Transamerica Life Insurance Review has two categories for its term life insurance products. All scores in this review reflect that particular product from Transamerica. The company offers term life insurance to anyone aged between 18 and 80 years. Transamerica was first mentioned on PissedConsumer on Jun 12, 2012 and since then this brand received 124 reviews.. Transamerica ranks 221 of 1092 in Insurance category. ", "Make it a little easier to … This review focuses on the main term life policy, Trendsetter Super. Transamerica was ranked 18th out of 23 life insurance companies in the J.D. —30+ days ago Recent recommendations regarding this business are as follows: "PROVIDE SUPPORT TO YOUR CUSTOMERS ! Transamerica is a trustworthy life insurance carrier and has earned high financial strength ratings. It is being provided for informational purposes only and should not be viewed as an investment recommendation. Every state requires every agent to have a state license to sell life insurance. According to various Transamerica life insurance reviews, the company has high to superior financial ratings. The company was founded in 1906 and offers life insurance … Transamerica Capital, Inc., Member FINRA, SIPC. If someone would be stupid enough to buy a life insurance from someone and don’t ask if they have a license, it’s nobody to blame but yourself. This is the second year Transamerica has been named on the Working Mothers award and first year for the Best companies for Dads. 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