

Transamerica Life Insurance Company is one of the better-known insurers in America. Overall, many reviews are positive, and Transamerica seems to be a reputable company with a high standard for customer satisfaction and care. They said, “this company really came through during the roughest time in my life.” When he finally received the check, it bounced, sticking him with a bad check fee.Īnother customer mentioned how they received their life insurance policy quickly, and the communication between them and the company was amazing. However, a customer out of California stated that the company ran them around after the passing of his mother and provided false information and out-of-date forms. They mentioned that Transamerica is one of the best life insurance companies they have ever dealt with. One customer mentioned they had been with the company for over 11 years, with seven accounts, and have experienced exceptional service with every interaction with the company. In contrast, others have just done the bare minimum. Lately, they have received mixed reviews on their COVID precautions at agent offices as some have taken every precaution necessary to protect their customers.
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Customer service has also been at the forefront, as they have polite and professional representatives available when their customers need it. Many customers have expressed their content with the firm, highlighting the extended grace periods and additional coverage. Transamerica reviews have been mostly positive. Transamerica has recently been in the news to introduce their new COVID-19 guidelines, extended coverage, and ensure that life insurance has been made affordable. According to Life Happens, a shocking 30% of the population has begun inquiring about life insurance due to the pandemic, and 25% purchased a life insurance policy. How Has COVID-19 Affected Transamerica Life InsuranceĪlthough the pandemic has been causing many industries to suffer financially, the life insurance business has been one that has thrived. Let’s check out some of the most significant changes.

They have changed how they handle life insurance claims and what they cover under their policies. The COVID-19 pandemic has negatively impacted the insurance industry, and Transamerica is no exception.
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