Overview
National Life Group
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Transamerica
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Ratings
National Life Group
Transamerica
Reviews
National Life Group
Reviews
Transamerica
Reviews for National Life Group
Helpful Favorable Review
Zach I hoop
April 13th, 2022
Atlanta, GA
DETAILS
I put 2 stars at first but I give them 4 now. I had an issue with my daughter insurance policy but when my Agent contacted the company. They told her what happened. The issue was fixed immediately. Thanks
Helpful Critical Review
MC Pearson
April 19th, 2022
Everett, WA
DETAILS
Edited April 19th, 2022
I contributed over $25,000 to this organization back in the early 2000s. Now that I want to roll it over so that my money is consolidated the for retirement, they are not allowing me to do so. You can never reach a human by phone. You can’t access their website unless you’re currently contributing. I would warn anybody considering investing with this company to do their research, I am so frustrated I’m ready to take my problem to the next level.
Reviews for Transamerica
Helpful Favorable Review
Samarra Miller
December 30th, 2021
Fort Lauderdale, FL
Review Source
I kept getting a letter in the mail about this company I decided to reach out to them to see how their rates were the young lady that I spoke with on the phone she didn't know that the answers I was asking however she went out her way to find the answers for me I can say they do have great customer service TransAmerica
Helpful Critical Review
WT
December 30th, 2021
DETAILS
Edited January 5th, 2022
Review Source
Have a policy on my daughter who is average height/weight with no health problems. The rate is not as low as I’d expect it to be. Got a policy for 3x the amount from a more reputable long standing company for the same amount.
The Final Word
National Life Group has earned high financial strength ratings and has stood the test of time, which indicate the insurer's financial stability and ability to meet its claims obligations. It has a nice selection of insurance policies. If you're looking for permanent or term life insurance, you can find good options from National Life Group.
National Life Group also offers an accelerated death benefit, which allows you to receive part of the death benefit early if you have a qualifying terminal illness, chronic illness, or critical injury.
Before you buy a policy from National Life Group, be aware that it's undergoing a class action lawsuit because its life insurance policies were allegedly being sold as part of a pyramid scheme by Premier Financial Group.
Similar to National Life Group, Transamerica has stood the test of time and earned high financial strength ratings. You can be as confident that Transamerica will meet its claims obligations as in National Life Group.
Transamerica also offers the same kind of policies as National Life Group. The only difference is that Transamerica does not offer variable life insurance and does offer final expense insurance. Final expense insurance is a kind of permanent life insurance that offers a smaller amount of coverage designed to help pay for funeral and other final expenses. If final expense insurance meets your life insurance needs, it's worth learning more about Transamerica's final expense policies.
Transamerica's website offers limited information on riders available with its policies. For more information, you'll need to work with Transamerica directly.
Both Transamerica and National Life Group are good options to consider when choosing a life insurer. If you're interested in a variable universal life policy, you'll want to learn more about National Life Group. If a final expense policy is a good fit, Transamerica is a good option. If you're considering purchasing life insurance from National Life Group, learn more about its class action lawsuit.
