When preparing for your family's future, it's important to cover your bases. Protection can be an important key to success.
At Transamerica, we're dedicated to serving clients and their families with the solutions and support to help them with their long-term wellness. That's why we offer a range of flexible products to suit personal needs.
Whole life is the most common way to help protect your family’s long-term financial security. It’s the only life insurance that offers level premiums with a guaranteed death benefit and cash value.
Term life insurance provides flexible coverage for a specified period. Term insurance typically offers life insurance for a lower premium, and may appeal to young families on a tight budget.
Universal life insurance offers both the protection of term insurance as well as a cash value element, like whole life. Cash value in a universal life policy may be used to pay premiums.
Variable universal life insurance offers premium payment flexibility with the ability to allocate net premiums to investment options. It also offers a guaranteed no lapse feature, provided conditions are met.
A truly flexible product, index universal life insurance combines the death benefit of traditional life insurance with the ability to accumulate cash value over time. Transamerica's Financial Foundation IUL® provides these benefits and more.
Seventy percent of Americans agree people need life insurance, yet only 59% have it.
- Insurance Barometer Study, Life Happens and LIMRA, 2017
