Transamerica Life Canada

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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 (now operating as ivari)
5000 Yonge Street
Toronto, Ontario
M2N 7J8

Toll Free: 1-800-846-5970
Fax: 1-800-661-7296

Web Address:

* Info courtesy of AM Best’s Key Ratings Guide 2013

Transamerica Life Canada similar to other Canadian life insurance companies, offers numerous products targeting clients with various insurance needs. 

Though LSM Insurance is not directly affiliated to this insurer, our experienced life insurance brokers have access to products and quotes of over 20 Canadian insurers similar to the ones provided by Transamerica Life Canada such as term life insurance quotewhole life insurance quoteuniversal life insurance quotedisability insurance quotecritical illness insurance quoteno medical life insurance quotelong-term care insurance quotegroup benefits and others.

Transamerica Life Canada (now operating as ivari) 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.

  1. Transamerica Life Canada policies
    Rating of Transamerica Life Canada policies from independent insurance expert Lorne S. Marr.

Transamerica Life Canada News

Transamerica to introduce new payment options

[…] September 15, Transamerica will offer more flexible limits and options for payment for both new and inforce insurance for […]

Transmerica’s Critical Advantage plan - unique but limited

[…] Transamerica Critical Adantage is a global medical care insurance providing immediate access to advice and the best care through Best Doctors. If diagnosed with a covered medical condition, the client and their doctors or specialists have immediate access to Best Doctors, the world’s leading medical information resource. Best Doctors can provide clinical guidance and access to a second opinion to help arrive at the right treatment plan. This system draws on a global database of 50,000 peer-ranked doctors to arrange care with the world’s top experts and facilities for your client’s specific medical condition. $1 million in affordable global… Read more »

Two Advantages - Transamerica Life’s Universal Life Policies

[…] Transamerica Life Canada […]

Thirty Year Term Insurance and the Credit Crunch Crisis

[…] and point a 40 year male non smoker would pay $37.80 a month for a $250,000 Term 20 policy with Transamerica Life but the renewal premium after 20 years is $517.95 a month. Now the insured could re-apply for a new […]