Life Insurance Review

Transamerica Insurance Review 2026Buyers who want a wide range of life and retirement products, including no-exam life options.

Transamerica is a life insurance and retirement-services company founded in 1928, now part of the international Aegon group, with major U.S. operations in Cedar Rapids, Iowa. It offers a broad lineup spanning term and permanent life, workplace benefits, and retirement products, including some no-medical-exam life options.

Updated July 2026
Independent review
No paid placement
Expert-reviewed content

Transamerica at a Glance

Founded

1928

Headquarters

Cedar Rapids, IA

AM Best (financial strength)

Varies

Coverage & Products

  • ✓Term life insurance
  • ✓Whole life insurance
  • ✓Universal life insurance
  • ✓Final expense insurance
  • ✓Workplace supplemental benefits
  • ✓Retirement & annuity products

Plan Features

No-medical-exam options on some policiesConvertible term policiesLiving-benefit riders on select products

Pros

  • +Broad product range across life and retirement
  • +No-exam and simplified-issue options available
  • +Large, internationally-backed insurer

Cons

  • −Customer-service and complaint experience is mixed
  • −Extensive product lineup can be confusing to compare
  • −Underwriting and pricing vary widely by product

Transamerica — Frequently Asked Questions

Is Transamerica a financially strong insurance company?

+

Financial-strength ratings for Transamerica vary by underwriting entity — many large insurers write through multiple subsidiaries, each rated separately. Ask which company underwrites your specific policy and check that entity's A.M. Best rating directly.

How is Transamerica's complaint record?

+

The NAIC Complaint Index is published primarily for property-and-casualty lines; for Transamerica, check the NAIC Consumer Insurance Search and your state department of insurance for complaint data specific to the product and state you're considering.

How do I get a quote or contact Transamerica?

+

You can request a quote or reach Transamerica at transamerica.com. Rates depend heavily on your individual profile (location, age, history, coverage), so compare at least three quotes before deciding.

Disclosure: Cover Forge USA is not affiliated with Transamerica and does not represent it as an agent or broker. Coverage, discounts, ratings, and availability are editorial summaries based on publicly available information and are estimates, not quotes. Verify all current details directly with Transamerica at transamerica.com. A.M. Best and NAIC figures are drawn from public sources; confirm current ratings at ambest.com and content.naic.org.

Compare Life Insurance

RK

Rachel Kim

Editorial Lead, Life & Retirement

This article was researched and written by the Cover Forge USA editorial team against federal sources (NAIC, CMS, FEMA, DOL, SSA, state DOIs) and standard policy forms. Bylines organize content by topic — they do not assert individual licensure. See our editorial-policy for details.

Reviewed June 2026

Get Insurance Rate Alerts

We monitor rate filings in all 50 states. Get notified when rates change in your area — and discover new ways to save.

  • ✓State-specific rate change alerts
  • ✓Seasonal enrollment deadline reminders
  • ✓Expert tips to lower your premiums
  • ✓New coverage options in your state

Free forever. Unsubscribe with one click. No spam, ever.

Important Disclaimer

This site provides general educational information only and is not a substitute for professional insurance advice. All rates, data, and coverage details are estimates and may not reflect your actual premiums. Insurance availability and pricing vary by state, insurer, and individual risk factors. Always consult a licensed insurance professional in your state before making coverage decisions.