About Transamerica Life Insurance Company
- Company headquarters:1201 Wills St., Suite 800, Baltimore, MD 21231
- General inquiries800-797-2643
- Company website:https://www.transamerica.com/
Company information
Transamerica was built on the idea that financial security should be available to everyone. The company can trace its roots back to 1904 when Amadeo Giannini founded the Bank of Italy in San Francisco and gave residents loans to rebuild after the devastating 1906 earthquake and fire.
In 1928, he consolidated his bank into what would become Bank of America, and two years later acquired the Occidental Life Insurance Co. through a newly created holding company, Transamerica Corp. When the Bank Holding Company Act of 1956 made companies choose to divest its banks or its non-bank investments, Transamerica chose insurance. The company moved its headquarters into the iconic Transamerica Pyramid building when construction was completed in 1972.
Transamerica finished fourth for having the fewest complaints in the National Association of Insurance Commissioners ratings.
Policies/customers: 11 million customers
Agents: More than 2,000
Coverage type
- Term life insurance
- Whole life insurance
- Final expense life insurance
- Life insurance for foreign nationals