Transamerica Life CanadaBack to list
President & CEO: Doug Brooks
AM Best Rating: A-
Total Assets: $10.14 billion
Net Income: $44.1 million
Net Premiums Written: $280.9 million
Financial Size Category: XII ($1 billion to $1.25 billion)
FSR Outlook: Stable
Best's Issuer Credit Rating: a-
ICR Outlook: Stable
As of Date: 04-09-2013
Organization Type: Stock
Specialty Lines of Business: Term Life Insurance, Variable Annuities, Universal Life Insurance
Marketing Type: Independent Agency Broker
Transamerica Life Canada
5000 Yonge Street
Toll Free: 1-800-846-5970
Web Address: www.transamerica.ca
* Info courtesy of AM Best's Key Ratings Guide 2013
Transamerica Life Canada is the Canadian subsidiary of AEGON N.V., a Netherlands-based insurance company, which is one of the largest insurance companies in the world.
Transamerica has been helping millions of Canadians over its long history to make the best decisions regarding financial and insurance matters. Today it has about 18,000 representatives across Canada who do their best to provide innovative, tailored and affordable solutions.
Transamerica’s Termselect insurance is a low-cost product which allows coverage of several people on one policy thereby reducing administration costs. The policy comes in Term increments of 10, 20 and 30 years. Their Term 30 is renewable to 100 and has a unique reduced paid up insurance option.
For people looking for secure and guaranteed investments, Transamerica also offers annuities and investment products.
Transamerica Life Canada News
Transamerica Life Canada Policies
1. They have a full range of term policies at preferred and standard rates.
2. Their term 30 policy has a unique paid-up option.
1. No disability insurance policies.
2. No participating whole life policies.