Table of Contents
Can I cash out my Transamerica Life Insurance policy?
The policy owner may access the cash value through loans or withdrawals. Both loans and withdrawals will reduce the cash value and death benefit.
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.
Can I cancel life insurance policy online?
The cancellation process can be done either online or offline. “The cancellation and refund can be applied for either online or offline. For online cancellation you will need to visit the insurer’s website and fill the form online.
How do I contact Transamerica Life Insurance?
1 (800) 797-2643
Transamerica Corporation/Customer service
How long does it take to get a withdrawal from TransAmerica?
Once you have submitted the online withdrawal request through your MyGuideStone account or GuideStone has received your completed withdrawal application, the processing time for the withdrawal is typically 5–7 business days. Incomplete applications may cause a delay in the processing time.
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.
How long does it take to get a withdrawal from Transamerica?
How do I get a hold of Transamerica?
As an alternative, you should give consideration to sending it by U.S. postal service.
- Mailing Address.
- PO Box 869092. Plano TX 75086-9092.
- Administrative Office.
- 2700 West Plano Parkway Plano, TX 75075.
- Customer Service.
- 1-888-345-0234. Monday through Friday 8 a.m. – 7 p.m. Central Time.
- Fax Number.
- 1-972-881-4527.
Is Transamerica trustworthy?
Transamerica has a 2 star rating from J.D. Power, which is considered below average. Although it has an A- rating from BBB, the company has an average customer rating of just 1.1 stars. Transamerica also has above average customer complaints according to the National Association of Insurance Commissioners (NAIC).