Fidelity and Transamerica are two large financial services companies that offer a wide range of products and services, including insurance. However, the types of insurance products offered by Fidelity and Transamerica can differ significantly, so it is important to understand the specific coverage options and features that each company offers before deciding which one is right for you.
Fidelity is a diversified financial services company that offers a range of insurance products, including life insurance, health insurance, and auto insurance. Fidelity’s life insurance products include term life insurance, whole life insurance, and universal life insurance, as well as a number of riders and options that policyholders can choose from to customize their coverage.
Transamerica is a financial services company that specializes in insurance and investment products. Transamerica’s life insurance products include term life insurance, whole life insurance, and universal life insurance, as well as a number of riders and options that policyholders can choose from to customize their coverage. Transamerica also offers a range of annuity products and investment options.
|
|
|
|---|---|---|
| Comparing ⟶ | Fidelity Life | Transamerica |
Year Founded |
1896 |
1928 |
Company Structure |
Stock |
Stock |
Pricing |
$ $ $ | $ $ $ |
Types of Policies: |
||
Term Life |
✓ | ✓ |
Whole Life |
✓ | ✓ |
Universal Life |
✗ | ✓ |
Final Expense |
✓ | ✓ |
Ratings: |
||
A+ |
A |
|
| ✗ | A+ |
|
| ✗ | A1 |
|
| ✗ | A+ |
|
| ✗ | 84 |
|
A+ |
Not Accredited |
|
1.43 |
1.34 |
|
IBUSA's Overall Score |
||
Company Review |
When deciding between Fidelity and Transamerica for your insurance needs, it is important to consider the specific coverage options and features that each company offers, as well as the financial stability and customer service record of each company. It is also a good idea to shop around and compare quotes from multiple insurance companies to find the policy that best meets your needs and budget.
