When did Transamerica buy monumental life?
2014
Monumental Life Insurance was rolled into Transamerica in 2014. Transamerica sells term, whole, universal, indexed universal, and final expense insurance.
What is Transamerica worth?
A part of the Transamerica family of financial services and insurance companies, Transamerica Financial Advisors (TFA) is a fee-based financial advisor firm managing more than $2 billion in assets.
How do I cancel my Transamerica Life Insurance Policy?
To cancel your TransAmerica Term Life Insurance:
- Call customer service on 800-797-2643.
- Provide the agent with your policy details.
- Ask them to cancel life insurance policy.
- Wait for confirmation.
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.
When did Transamerica merge with monumental life insurance company?
Today we learned that Monumental Life Insurance Company merged with Transamerica and renamed themselves to Transamerica Premier Life Insurance Company but Monumental has been around since 1858 and this shows how stable the company is because of how long the company alone has been around.
Who are the owners of monumental life insurance?
It was taken under the wings of the Holland-based company AEGON in the year 1989. It has been integrated into Transamerica Agency Network, Inc. which was formed by uniting agents of Life Investors Financial Group, Inc. and Monumental Life Insurance.
Is there a tax exemption for monumental life insurance?
Tax exemption is made on policy loans in times of emergencies. Monumental Life Insurance prioritizes the middle and lower income groups based in the United States of America. They are a huge company offering endless policies and benefits to the clients in different states via licensed agents.
Where is monumental life insurance company in Cedar Rapids?
Cedar Rapids, IA 52499-0001 (Address of Depositor’s Principal Executive Offices) Depositor’s Telephone Number: (319) 355-8330 Darin D. Smith, Esq. Monumental Life Insurance Company 4333 Edgewood Road, N.E. Cedar Rapids, IA 52499-4240 (Name and Address of Agent for Service) Copy to: Michael Berenson, Esquire Morgan, Lewis & Bockius LLP