Did Transamerica get bought out?
Aegon N.V., a big Dutch company that has been on a shopping spree in the fiercely competitive life insurance business, said today that it was buying the Transamerica Corporation of San Francisco for $9.7 billion in cash and stock.
What type of company is Transamerica?
The Transamerica Corporation is an American holding company for various life insurance companies and investment firms operating primarily in the United States, offering life and supplemental health insurance, investments, and retirement services.
What kind of insurance is Transamerica?
Transamerica Overview Transamerica offers term, whole, and universal life insurance policies as well as more unique options like a final expense insurance policy designed to help loved ones deal with the costs surrounding end-of-life issues.
Where is Transamerica based?
Transamerica Corporation, major American diversified financial-services corporation. Headquarters are in the Transamerica Pyramid building in San Francisco. In July 1999 Transamerica was acquired by Aegon NV, an insurance company in the Netherlands.
Is Transamerica a safe company?
Yes, Transamerica is a legitimate life insurance company. The company has earned an A rating from AM Best for financial strength. Customers can get term, whole, and universal life insurance.
Is Transamerica Bank of America?
In July 1999 Transamerica was acquired by Aegon NV, an insurance company in the Netherlands. The company, incorporated in 1928, originated as the parent of Bank of America, and for many years banking was its principal activity.
How long does it take to receive a check from Transamerica?
A check will be generated within two days after the loan is processed. Transamerica will mail the loan paperwork (the Loan Note and Security Agreement, Amortization Schedule and Withdrawal Confirmation) and the loan check to the plan sponsor.
Can I track my Transamerica check?
With the click of a mouse, you can quickly find the check status for any loan or distribution. For plans with online enrollment, participants are able to choose a beneficiary at the time of enrollment.