American General vs Transamerica Life Insurance

  • YEAR FOUNDED
    1928
  • CURRENT CEO
    Mark W. Mullin
  • AVAILABLE
    All 50 States
  • ADDRESS
    Cedar Rapids, Iowa
  • TOP AWARDS

    Diversity Best Practices Inclusion Index

    2018 Thomson Reuters Lipper Fund Award

  • PROS
    • Financially secure
    • Competitive life insurance products
    • Variety of products available
  • CONS
    • Some insureds have complained of having to deal with third-party representatives instead of direct sales agents.
    • No BBB accreditation
  • YEAR FOUNDED
    1919
  • CURRENT CEO
    James Arthur Mallon
  • AVAILABLE
    49 States
  • ADDRESS
    2929 Allen Parkway Houston, TX 77019
  • TOP AWARDS

    Business Insurance Innovation Awards 2017

    Top 100 Intership Programs 2018

    Best Places to Work for LGBTQ Equality

  • PROS
    • "Strong financial stability
    • Wide range of life policy products
    • Competitive pricing"
  • CONS
    • No 24/7 customer support.
SOURCETransamericaAmerican General
JD Power2/5N/A
BBBN/AA-
AM BestA+A
Moody'sA1A2
FitchA+A+
Standard & PoorAA-A+
Comdex ScoreN/A83
SOURCETransamericaAmerican General
Total Assets$8.63 billion498 billion
Life Insurance in Force$1,018 billionN/A
TransamericaAmerican General
Whole life insuranceSelect-a-Term®
Term life insuranceQoL Flex Term
Universal life insuranceGuaranteed Issue Whole Life Insurance
Variable Universal life insuranceQoL Flex Term
QoL Guarantee Plus GUL II
QoL Value+ Protector
QoL Max Accumulator+
Secure Lifetime GUL 3®
AG Secure Survivor GUL II®
Value+ Protector
Max Accumulator+
Variable Universal Life Insurance
TransamericaAmerican General
Trendsetter SuperSelect-a-Term®
Trendsetter ExpressQoL Flex Term
Trendsetter Living BenefitsGuaranteed Issue Whole Life Insurance
Transamerica Universal LifeQoL Flex Term
Transamerica Premier Financial Foundation IULQoL Guarantee Plus GUL II
Guaranteed Whole LifeQoL Value+ Protector
QoL Max Accumulator+
Secure Lifetime GUL 3®
AG Secure Survivor GUL II®
Value+ Protector
Max Accumulator+
Variable Universal Life Insurance
TransamericaAmerican General
Children’s Insurance RiderAccelerated Death Benefit Rider
Accident Indemnity RiderWaiver of Premium Rider
Return of Premium Rider (For 20- & 30 Year Terms)Disability Income Rider
Waiver of Premium RiderChild Term Rider
Guaranteed Insurability Benefit RiderAccidental Death Rider
Jonathan Holloway
October 13, 2019
John Holloway is a licensed life insurance agent and co-founder at NoExam.com
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