Also in July, AM Best updated Transamerica Life Canada to positive from stable and acknowledged a financial strength of B++ (Good). AM Best also changed the outlook from negative to positive and acknowledged the insurer’s credit rating of BBB+. More good news for Transamerica clientele and prospective clients, Transamerica Life has slashed its term plan premiums as of September 20.
Visit LSM Insurance’s new website to learn information about guaranteed issue life insurance.