Transamerica was founded in 1928 and is currently headquartered in Cedar Rapids, Iowa. Amadeo Giannini started the Bank of Italy in 1904 in San Francisco with a goal of making financial services accessible to all regular citizens. In the year 1928, Amadeo Giannini merged his bank with the Bank of America and soon formed the Transamerica Corporation Holding Company. Two years later TransAmerica acquired the Occidental Life Insurance Company. TransAmerica has evolved to become one of the largest insurance providers in the US. In 2008, TransAmerica was acquired by the Netherlands based financial services company, Aegon N.V.
The two main branches of Transamerica, USA are located in Cedar Rapids, IA, Baltimore, MD. Over 20 million people and their families are served primarily in three three main product areas – investments, life insurance and retirement planning.
Agent Benefits Include:
Available to clients up to age 60 at Preferred and Preferred Best rates only.
Follow the steps below to assist your clients in getting $2 Million in coverage without ever having to take a medical exam.
1. If you have a client that is Preferred or Preferred Plus, Apply for $1M of term coverage with Principal using their Accelerated Underwriting Program.
2. Once the Principal Term policy is in place, you can then use the Transamerica TOP Plus program to get an additional $1M of coverage, again with no medical exam.
All applications for this program can be done electronically through the ORG eSelling Platform.
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* The information provided is intended for licensed insurance agents only. It is not intended for the purpose of advertising the insurance products to the general public.
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