Table of Contents
- 1 What happened to Monumental Life insurance Company?
- 2 Who took over Monumental Life insurance?
- 3 What is monumental insurance?
- 4 How do I get my money back from Transamerica?
- 5 Where is the headquarters for Transamerica?
- 6 Is Transamerica a legit company?
- 7 How do I file a claim with Transamerica?
- 8 How long does it take to get a check from Transamerica?
- 9 Where are the offices of monumental life insurance?
- 10 What does monumental life do for the community?
- 11 Why do you need monumental life insurance plan?
What happened to Monumental Life insurance Company?
Monumental Life Insurance was rolled into Transamerica in 2014. Transamerica sells term, whole, universal, indexed universal, and final expense insurance.
Who took over Monumental Life insurance?
The company was merged with People’s Benefit Life Insurance Company and moved its legal office state from Maryland to Iowa in 2007. As of December 31, 2009, Monumental Life has $71 billion of insurance in force, with $34,727 million in assets and $1,508 million in shareholders’ equity.
How do I get ahold of Transamerica?
The Call Center at Transamerica is ready to assist you Monday through Thursday, from 7:00 a.m. until 6:00 p.m. and 7:00 a.m. until 5:00 p.m. on Friday, Central Time at the following numbers, (888) 763-7474 or TransConnect Customer Service (866) 224-3100.
What is monumental insurance?
Monumental Life Insurance provides life insurance, extended benefit, and financial products to individuals and businesses. Policies are primarily sold through independent agencies, but the website does offer an online tool for finding local agencies. Monumental Life Insurance products are available in every state.
How do I get my money back from Transamerica?
You request a withdrawal by check within 10 days of a change of address. Funds are being wired to a bank account not currently on file. For assistance call Transamerica Fund Services, Inc. toll-free at 1-888-233-4339, Monday through Friday.
How do I check my Transamerica account?
Call Us. Our customer care team is available Monday through Friday, 8 a.m. – 9 p.m. ET. If you have an online account, please have your login information available. Call us at 800-755-5801.
Where is the headquarters for Transamerica?
Cedar Rapids, IA
Transamerica Corporation/Headquarters
Is Transamerica a legit company?
Transamerica is not a scam. It is a legitimate company that has been around for more than 100 years. It offers reputable financial products and services. Transamerica has received high financial strength ratings from the industry’s leading independent rating services.
Can I withdraw money from Transamerica Life Insurance?
The policy owner may access the cash value through loans or withdrawals. Both loans and withdrawals will reduce the cash value and death benefit. Loans are subject to interest charges. Under certain circumstances, there may be tax consequences in taking a loan or withdrawal.
How do I file a claim with Transamerica?
Please call us toll-free at 1-888-345-0234 if you would like to speak with a Claims Representative.
How long does it take to get 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 cash out my Transamerica Life Insurance?
The policy owner may access the cash value through loans or withdrawals. Both loans and withdrawals will reduce the cash value and death benefit.
Where are the offices of monumental life insurance?
Today, the home office of Monumental Life Insurance Company is located in Cedar Rapids, Iowa, while the company also has administrative offices that are located in Baltimore, Maryland. Monumental Life Insurance offers several kinds of life insurance products:
What does monumental life do for the community?
Monumental Life is also committed with the community, devoting time, abilities and energy in doing charitable efforts. All employees are encouraged to do volunteering, such as mentoring and supporting homes for the destitute.
When did monumental life insurance company change its name?
The company started out as Mutual Life Insurance Company of Baltimore and they began selling only life and fire insurance coverage. Monumental Life Insurance Company didn’t change their name until the 1930’s.
Why do you need monumental life insurance plan?
One of the primary reasons of buying Monumental Life Insurance is that like any other life insurance this too guarantees death benefits, substituting the earning of the member. Life insurance is paid to employees so that they feel secure and continue to work in amiable conditions.