Transamerica Life Insurance Company Competition
Transamerica Life Insurance Company (TLIC) gives its American touch to Dutch insurance giant AEGON's life insurance operations. TLIC, which began operations in 1961, is part of the AEGON USA group of companies. The company provides individual and group life insurance and annuities and has more than $1 billion of insurance in force. It is licensed to provide insurance throughout the US, except for New York and Washington DC, which are covered by its sister, Transamerica Financial Life Insurance Company. Its products are distributed through agents and brokers, as well as via direct marketing efforts.