1150 South Olive St.
Los Angeles, CA 90015
About Transamerica
Transamerica’s roots can be traced back as far as 1904 when Amadeo Giannini decided it was time for the working class to have access to the same banking services as the elite. As Giannini’s vision took hold and the bank began to grow, Transamerica began acquiring other financial businesses like the Occidental Life Insurance Company. After only 20 years, Transamerica would become the biggest private banking service in the world. As Transamerica’s footprint increased globally through strategic acquisitions, In 1999 a dramatic change to the organization took place when Transamerica became part of Aegon N.V.Transamerica’s Financial Stability
As a member company of Aegon N.V., Transamerica’s financial stability remains at the top of the charts which demonstrates that the company is in a very strong financial position to pay expected claims and operating expenses. Simply put, this life insurance company will be able to keep its promises to policyholders. Here are the financial ratings for Transamerica Life Insurance Company for 2019:| Rating Service | Rating |
| A.M. Best | A |
| Standard & Poor’s | AA- |
| Moody’s Investors Service | A1 |
| Fitch Ratings | A+ |
Life Insurance from Transamerica
It’s important for insurance companies to be able to accommodate the needs of its customers, and as such, Transamerica offers insurance and financial solutions for individuals, businesses, and financial professionals.
Although Transamerica Life Insurance Company is a solid leader in the life insurance industry, the make the following additional financial products available to clients and prospective clients:
| Financial Product | Individuals | Employers | Financial Professionals |
| Retirement Plans | Yes | Yes | Yes |
| Insurance | Yes | Yes | |
| Mutual Funds | Yes | Yes | |
| Annuities | Yes | Yes | Yes |
| Employee Benefits | Yes | Yes |
Transamerica’s Life Insurance Products
As one of America’s premier insurance providers, Transamerica offers a comprehensive portfolio of insurance products for individuals and businesses. The company’s insurance products are not only backed up by a financially stable insurance provider but they are also very affordable and are competitive with every company in the insurance industry.
Term Life Insurance
Term Life Insurance, because of its affordability, is one of the most popular insurance products for families who want to replace the income of a breadwinner, pay off a mortgage when the worst thing happens, pay for college expenses or continue investing in a retirement plan for a surviving spouse.
Not every term policy is the same so individuals and families should consider what’s available to meet their needs. Transamerica offers two different term policies to provide the solutions needed for its clients and prospective clients.
Trendsetter Super
The Trendsetter Super policy is term life insurance that can be purchased with a death benefit up to $10 million or more. Like traditional term life insurance, the death benefit will remain the same during the term of the policy which can be 10, 15, 20, 25, or 30 years. The policies are convertible which allows the insured to convert their term policy to a permanent policy without proof of insurability.
Trendsetter LB
The Trendsetter LB policy is similar to the Super policy but has a maximum death benefit of $2 million. The LB stands for living benefits because the policyholder can be advanced a substantial portion of the death benefit if he or she is diagnosed with a terminal, critical, or chronic illness.
Here are actual rates for a 20-year policy with a $500,000 death benefit for a very healthy male or female non-smoker.
| Age of Applicant | Male Non-Smoker | Female Non-Smoker |
| 25 | $23.22 | $16.77 |
| 30 | $23.65 | $18.92 |
| 35 | $30.10 | $26.23 |
| 40 | $43.00 | $34.83 |
| 45 | $62.35 | $49.45 |
| 50 | $94.60 | $75.68 |
Transamerica Whole Life Insurance
Because of Whole Life’s benefits and guarantees, this policy is utilized as the most common method to protect your family’s financial security in the long run.
Whole Life insurance is considered the bedrock of life insurance because:
Universal Life Insurance
Universal Life Insurance has become the most popular insurance product for individuals and families who want lifetime insurance protection and the ability to accumulate wealth over the life of the insurance policy.
Universal Life is the only type of life insurance that allows the insured to change premium payments or even the benefit to accommodate the life events that happen to every individual or family.
Transamerica also offers an Indexed Universal Life policy that earns interest based on the performance of various market indices that the cash account is linked to. Typical indices are the S&P 500 or NASDAQ. Indexed Universal Life insurance (IUL) is also used for retirement planning, estate planning, and business funding.
Richard Reich
CEO - Licensed Agent
In my 20+ years as an independent life and disability insurance broker, I have personally assisted thousands of clients with their life and disability insurance needs. Being independent, I represent many highly-rated insurance companies and, because I am not beholden to any one insurance company, my focus is to find the right company and policy for each individual client. I believe that when people shop for insurance (or anything else, for that matter) on the Internet, they are looking for a simple, non-intrusive, non-pressure method of doing so. I strive to treat my prospective clients with the utmost respect and I believe an educated prospect can make the right decision without sales pressure. Please feel free to contact me at your convenience.