Transamerica is rated A by A.M. Best for financial strength — the measure of a carrier's ability to pay claims decades from now. That matters for Springfield families locking in multi-decade term or permanent policies. Below: what Transamerica does well, where they fit in the market, and how to get a quote from a licensed Illinois broker who can price them against the other 21 A-rated carriers we work with.
About Transamerica
Transamerica is the US arm of Dutch insurer Aegon, with roots in the 1904 Bank of Italy (later Bank of America). Known for the Transamerica Pyramid building in San Francisco, the company sells a wide range of term life, indexed universal life, and final expense policies through independent agents across the country.
What Transamerica is best known for
- Term Life
- Indexed Universal Life
- Final Expense
Is Transamerica right for Springfield families?
Our licensed Illinois brokers compare Transamerica alongside all 22+ A-rated carriers we work with. Whether Transamerica prices lowest for your specific situation depends on your age, health profile, tobacco status, and the product type you're after. For context, Springfield's average monthly premium is about $24.3/mo — a useful benchmark to compare any carrier quote against.
Before committing to any carrier, it's worth understanding how Transamerica quotes stack up against the rest of the market. Use our comparison tool for product-level side-by-sides, or request a free quote below to see real Transamerica rates for your specific profile.