by John Darer CLU ChFC CSSC RSP
In a gratifying and continued sign that the insurance industry financial strength is improving, A.M. Best has UPGRADED Transamerica Life Insurance Company and Transamerica Financial Life Insurance Company to "A+" from "A". This is great news for those with Transamerica's structured settlement annuity, life insurance and long term care products
Here are the companies current ratings, as of June 29, 2010. Transamerica is part of the AEGON group of companies.
|Standard & Poor's||AA-||Very Strong|
Transamerica Life formerly issued structured annuities under subsidiaries which have merged into it.
If you have a structured annuity from Transamerica Life Insurance Company, or insurers merged into it (such as Transamerica Occidental Life Insurance Company or Transamerica Life and Annuity), please click below for 4structures.com, LLC's comprehensive list of customer service phone numbers.