Monumental Life Insurance was rolled into Transamerica in 2014. Transamerica sells term, whole, universal, indexed universal, and final expense insurance. The company has a variety of different riders for policy customization.

When did monumental change to Transamerica?

*Important Note: In 2014, Monumental Life insurance Company changed its name to Transamerica Premier Life Insurance Company. If you still have a policy with the name Monumental Life Insurance Company, you should have received some notifications in the mail.

Is Monumental life insurance company still in business?

Monumental Life is in the process of changing its name to Transamerica Premier Life Insurance Company. ... Their website, however, is now under the Transamerica name.

Did Transamerica get bought out?

Aegon N.V., a big Dutch company that has been on a shopping spree in the fiercely competitive life insurance business, said today that it was buying the Transamerica Corporation of San Francisco for $9.7 billion in cash and stock.

What did Transamerica change to?

23, 2021 /PRNewswire/ -- Transamerica announced today that the company launched a new Retirement Plan Exchange^® featuring the UBS Retirement Plan Manager program. The Exchange is available solely through UBS Financial Advisors.

Monumental Life Insurance **WARNING** Monumental Term Life Insurance Review

19 related questions found

Who bought out Transamerica?

AEGON N.V. acquires Transamerica for $10.8 billion.

Who took over Monumental Life insurance?

The company was merged with People's Benefit Life Insurance Company and moved its legal office state from Maryland to Iowa in 2007. As of December 31, 2009, Monumental Life has $71 billion of insurance in force, with $34,727 million in assets and $1,508 million in shareholders' equity.

Is Transamerica leaving Baltimore?

Transamerica Corp. is joining the parade of companies moving their offices from Baltimore's central business district to glitzy new space in Harbor Point.

Is Transamerica a brokerage firm?

TRANSAMERICA FINANCIAL ADVISORS, INC. - Brokerage/Investment Adviser Firm.

What happened to Transamerica financial services?

Transamerica will no longer have operations in California, though the company still owns the Transamerica Pyramid in San Francisco and will continue to serve customers in California. ... The company said it will offer separation benefits, including outplacement services, for affected employees.

How do I get my money back from Transamerica?

You request a withdrawal by check within 10 days of a change of address. Funds are being wired to a bank account not currently on file. For assistance call Transamerica Fund Services, Inc. toll-free at 1-888-233-4339, Monday through Friday.

Is Transamerica federally insured?

With more than a century of experience, Transamerica has built a reputation on solid management, sound decisions and consumer confidence. For more information, contact your financial professional or visit Not insured by the FDIC or any federal government agency.

Is Transamerica a reputable company?

Yes, Transamerica is a legitimate life insurance company. The company has earned an A rating from AM Best for financial strength. Customers can get term, whole, and universal life insurance.

Can I withdraw money from Transamerica Life Insurance?

The policy owner may access the cash value through loans or withdrawals. Both loans and withdrawals will reduce the cash value and death benefit. Loans are subject to interest charges. Under certain circumstances, there may be tax consequences in taking a loan or withdrawal.

Who is the owner of World Financial Group?

It is wholly owned by Aegon. World Financial Group associates are compensated by selling financial services products and receiving commission overrides from people that agents sponsor into the company.

Is Transamerica a good company to invest with?

TransAmerica offers safe choices in the form of fixed rate interest and money market funds. However, they provide relatively modest returns. A quick review of the fixed interest fund shows a return of about 2.5%, which was about a percentage point below the prime rate at the time of this review.

Is Transamerica part of Aegon?

Transamerica companies are part of the Aegon group. 1801 California St. Suite 5200, Denver, CO 80202.

Is Transamerica open today?

The Call Center at Transamerica is ready to assist you Monday through Thursday, from 7:00 a.m. until 6:00 p.m. and 7:00 a.m. until 5:00 p.m. on Friday, Central Time at the following numbers, (888) 763-7474 or TransConnect Customer Service (866) 224-3100. ...

How do I get ahold of Transamerica?

As an alternative, you should give consideration to sending it by U.S. postal service.

1. Mailing Address.
2. PO Box 869092. Plano TX 75086-9092.
3. Administrative Office.
4. 2700 West Plano Parkway Plano, TX 75075.
5. Customer Service.
6. 1-888-345-0234. Monday through Friday 8 a.m. - 7 p.m. Central Time.
7. Fax Number.
8. 1-972-881-4527.

Why did Transamerica send me a check?

As part of this scam, people are notified by U.S. Mail that they have been chosen as a winner of a “Sweepstakes Lottery”. A counterfeit check, provided with the mailing, is said to cover the payment of taxes associated with the prize.

Is AIG and Transamerica The same company?

AIG and Transamerica are two of America's largest life insurance companies, with well over 1,000,000 policyholders nationwide. ... Both companies have good consumer grades and offer competitive term life insurance rates.

What companies does Aegon own?

Transamerica's business lines include life, long term care and supplemental health insurance, Transamerica Agency Network, Transamerica Financial Advisors, Inc., World Financial Group, Transamerica's joint venture in Brazil, MAG Seguros (Mongeral Aegon), annuities, mutual funds, exchange-traded funds, employee benefits ...

Did Transamerica buy Vanguard?

VALLEY FORGE, PA (June 19, 2019)—Vanguard today announced plans to transition the client service and account administration for the Vanguard Variable Annuity to Transamerica within the next 12 to 18 months.