Monumental Life recently changed its name to Transamerica Premier Life Insurance Company, and operates as a subsidiary of Commonwealth General Corporation. Their roots stem back as far as 1904, when one of the founders began dispersing loans to local business owners for repairs needed after natural disasters. Since then, the company has grown to offer a wide variety of financial products, including Medicare supplement insurance.
Affiliated Brand Names
- Monumental Life
- Monumental Life Insurance Company
- Transamerica Premier Life Insurance Company
Company Highlights
- Business roots trace back to 1904
- Changed the name to Transamerica Life Insurance Company in 2014
- Currently operating with over $100 billion in assets
- Transamerica and its subsidiaries operate in 20+ markets worldwide
Medicare Plans Offered
Do you already know which type of Medicare supplement plan you are looking for? The three major ones are Medigap, Medicare Advantage, and Pard D drug plans. Not all companies, however, offer them. Monumental Life offers:
| Medicare Supplement Plans | YES |
| Medicare Advantage Plans | NO |
| Medicare Part D Drug Plans | NO |
Monumental Life Premium Comparison
Have you done any comparison shopping for Monumental Life yet? Getting a free quote is best, and we’ll gladly help you out with that task. But in the meantime, take a look at where Monumental Life stands against the national average:
This Table Represents National Average Costs of Medicare Supplement Plans
| Plan Type | Starting From | Part A Deductible | Part B Deductible | Excess | Nursing | Travel | |
|---|---|---|---|---|---|---|---|
| Plan C | $118* | $0 | $0 | Not Covered | 100% Covered | 100% Covered | |
| Plan F | $116* | $0 | $0 | 100% Covered | 100% Covered | 100% Covered | |
| Plan G | $105* | $0 | $233 | 100% Covered | 100% Covered | 100% Covered | |
| Plan B | $104* | $0 | $233 | Not Covered | Not Covered | Not Covered | |
| Plan N | $70* | $0 | $233 | Not Covered | 100% Covered | 100% Covered | |
| Plan D | $97* | $0 | $233 | Not Covered | 100% Covered | 100% Covered | |
| Plan A | $69* | $1,556 | $233 | Not Covered | Not Covered | Not Covered | |
| Plan L | $76* | $389 | $233 | Not Covered | 75% Covered | Not Covered | |
| Plan K | $45* | $778 | $233 | Not Covered | 50% Covered | Not Covered | |
| Plan M | $97* | $778 | $233 | Not Covered | 100% Covered | 100% Covered |
Financial Strength Ratings
Financial Strength is a good sign that the company you choose will give you the best service possible, pay out future claims quickly, and rarely (if ever) have to raise your premiums. Take a look at the ratings for Monumental Life:
| A.M. Best Rating | A+ |
| Standard & Poor’s Rating | AA- |
| Moody’s Rating | A1 |
*Ratings as of 2/17/15
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Transamerica can trace its early beginnings to a time when poor, immigrant businessmen were struggling to achieve the American dream. The company was founded on the principal that everyone deserves access to the financial services they need in order to improve their quality of life. They have also received high marks from all three of the top credit reporting agencies for financial strength.
- Market Experience
- Fast Claims Processing
- Strong Financial Reserves
- Competitive Rates
- Customer Satisfaction
How To File A Claim With Monumental Life
Telephone Number: 1-800-Pyramid (797-2643)
To speak with a person:
- Press 1 for existing customers
- Press 1 for insurance
- Enter your Social Security #, or remain on the line to be connected with a live customer service representative
Company Contact Information
Customer Service:
1-855-288-4181
Mailing Address:
Transamerica Life Insurance Company
4333 Edgewood Road NE
Cedar Rapids, IA 52499
How To Get A Rate Quote
Customers looking to get a rate quote, or learn more about plans have 2 options:
- Call a licensed insurance representative at: (877) 910-7579
- Complete an online quote request at:
https://www.medigap.com/form/
