Transamerica Life Insurance Ratings
In our survey, 27 percent of Transamerica’s customers say they chose the company based on reputation, and 34 percent say they made their decision based on price. A high number of customers, 78 percent, said they would recommend the company to a friend.
Customer Satisfaction Ratings
(105 reviews)Compare free quotes from companies near you
- already have
- yes
- not sure
- probably not
- no
- 37%
- 40%
- 21%
- 1%
- 1%
Best Life Insurance Companies 2017
Transamerica (Aegon) produced some solid scores. Its overall ranking was an 81.5, with 82 percent of its members saying that they would recommend the company. The individual scores explain why they fared well in this year's survey: Customers rated them 4.25 stars out of 5 for customer service and a 4 for value for price.
An American dream
Transamerica was founded in 1928 and was based in San Francisco. Transamerica began as the vision of a young entrepreneur named A.P. Giannini, who took the first step towards realizing his dream by starting a small business known as Bank of Italy (later to be known as Bank of America).
In 1930, Giannini acquired Occidental Life Insurance Company and its $25 million in assets. With this purchase, Giannini created the foundation for what would be a strong and lasting company.
On October 1st, 2008, as part of an internal restructuring, Transamerica Occidental Life Insurance Company merged into its affiliate, Transamerica Life Insurance Company. It is now owned by Aegon, which is based in the Netherlands. The Transamerica’s iconic “Pyramid” building is San Francisco’s tallest building.
Transamerica understands that one size does not fit all and, with that in mind, they work with policyholders to accomplish goals such as insuring their family during working years, accumulating cash value, or protecting them from future medical and estate taxes.
Products offered:
- Term life
- Whole life
- Universal life
- Variable Universal life
- Accidental Death
- Final Expense
Additional products offered:
- Dental insurance
- Long-term care
- Medicare solutions
- Mutual funds
- Annuities
- Retirement accounts
Contact information
Corporate headquarters
Transamerica Pyramid
600 Montgomery Street
San Francisco, CA 94111
Policyholders and general questions: (800) 797-2643
New customers: (855)288-4181
