When it comes time to purchase a life insurance policy, it’s easy to see why so many folks can become frustrated with the whole process. After all, not only does someone have to figure out what “kind” of life insurance policy will be the best for them (think traditional term life insurance, no medical exam life insurance, final expense insurance, etc…).
They’re also going to…
Have to figure out which life insurance company will be the “right” one for them. This decision isn’t always the easiest one, particularly if you’ve narrowed your search to two fantastic companies: North American Company vs. Transamerica (which we are huge fans of). This is why we wanted to provide this brief “synopsis” of both companies so that you can get a better idea of how each of them compares to one another and then invite you to…
|
|
|
|---|---|---|
| Comparing ⟶ | North American Company | Transamerica |
Year Founded |
1886 |
1928 |
Company Structure |
Private |
Stock |
Pricing |
$ $ $ | $ $ $ |
Types of Policies: |
||
Term Life |
✗ | ✓ |
Whole Life |
✓ | ✓ |
Universal Life |
✗ | ✓ |
Final Expense |
✓ | ✓ |
Ratings: |
||
A+ |
A |
|
A+ |
A+ |
|
| ✗ | A1 |
|
A+ |
A+ |
|
89 |
84 |
|
A+ |
Not Accredited |
|
0.16 |
1.34 |
|
IBUSA’s Overall Score |
||
Company Review |
So that you can see if one of these two companies might be right for you!
