Life insurance is certainly a necessary. If you have financial commitments that could come to be a problem when you pass away, you should be protected. But often that’s much easier said than done. For senior citizens, final expense life insurance or guaranteed issue life insurance are strategies to get a reasonably inexpensive whole life […]
Transamerica Insurance and Investment Group1150 South Olive Street
Los Angeles, CA 90015
Company Website: www.transamerica.com
The AEGON Insurance Group is one of the top 10 life insurance and financial services organizations in the world. The original Transamerica life insurance company was founded in 1906. With more than a century of experience, Transamerica has built a reputation on solid management, sound decisions and consumer confidence. In 1999,Transamerica was acquired by AEGON. AEGON is one of the world’s leading life insurance and pension groups. With headquarters in The Hague, the Netherlands, AEGON?s businesses serve millions of customers throughout the Americas, Europe and Asia.
Financial results, financial strength ratings and investment portfolios for Transamerica Life Insurance Company and our New York company, Transamerica Financial Life Insurance Company can be accessed at [TLIC, TFLIC]. While no company in the financial services industry is immune to the turmoil in today’s financial markets, the AEGON companies have a strong balance sheet, healthy cash flows and ample liquidity. AEGON’s business model is to sell long-term products to our customers and then to invest the premiums we receive in long-term assets.
Financial Strength Ratings
A.M. Best (20 ratings) A+ (2)
S&P (20 ratings) AA- (4)
Moody’s (21 ratings) A1 (5)
Fitch (21 ratings) A+ (5)
Weiss (16 ratings) B (5)
Comdex Ranking (Percentile) 90
Ratings as of 10/20/16
Any closely held small business, like a real estate brokerage, small law firm, or other small service business, whether recently created or well established, should have a specified business continuation strategy to financially accommodate the chance of a proprietor or partner dying, entering retirement, or becoming disabled. The Buy-Sell Agreement will expressly determine how the […]
Tools for Budgeting That Create Financial Stability Spending your money blindly will only lead to trouble. Unless you’re raking it in with few to no monthly bills, tracking and managing your personal expenses is a surefire way to create financial stability. You need to be able to see how much money you have coming in […]