Estate planning at Transamerica
How to protect 14 Transamerica accounts — manage beneficiaries online, fund a trust by mail, and file death claims
Life Insurance Policy Questions
Transamerica, 4333 Edgewood Road NE, Cedar Rapids, IA 52499
Life Insurance Policy Questions
Transamerica, 4333 Edgewood Road NE, Cedar Rapids, IA 52499
Life Insurance Claims (Transamerica Life Insurance Company)
Transamerica, 4333 Edgewood Road NE, Cedar Rapids, IA 52499
Transamerica is a insurance company with 14 products relevant to estate planning. Life insurance and annuity proceeds transfer directly to named beneficiaries outside of probate, making beneficiary designations one of the most important estate planning steps for Transamerica policyholders.
Beneficiary designations at Transamerica can be managed online, by mail, and by phone, typically taking 15-30 minutes. Trust funding is also available, allowing families to name a trust as the policy beneficiary or establish an irrevocable life insurance trust (ILIT).
Transamerica has documented procedures for both preparing accounts during your lifetime and handling claims when an account holder passes away.
Preparing your estate
Beneficiaries and trust funding
How to manage beneficiaries online, fund a trust by mail, and review 14 account types at Transamerica.
View details →When someone dies
Death claim process
4-step process, 8 required documents, and contact information for survivors.
View details →Frequently asked questions
The Beneficiary Change Form (BEN-CCC, https://ani.transamerica.com/ani/Uploads/Pages/44152/BEN-CCC%2002-2014%202%20Co%20FILLABLE.pdf) rejects dollar amounts — you must use percentages, with primary beneficiaries totaling 100% and contingent beneficiaries independently totaling 100%. A trust must be written with its full name and date ("John Doe Revocable Trust, dated 01/01/1999"). If the policy is already trust-owned, the trustee signs with a trustee title and a Trustee Certification Form must be on file. Writing "Irrevocable" next to a beneficiary locks the designation: that person must then sign every future change, and may have to sign other policy changes and disbursements. And a payment to a minor beneficiary goes to a court-appointed guardian of the estate or conservator unless state law says otherwise, which is the usual reason to route a minor's share through a trust.
Sources
Data sourced from Transamerica primary sources (14 pages reviewed). How we research.
Life Insurance Policy Questions
Transamerica, 4333 Edgewood Road NE, Cedar Rapids, IA 52499
Life Insurance Policy Questions
Transamerica, 4333 Edgewood Road NE, Cedar Rapids, IA 52499
Life Insurance Claims (Transamerica Life Insurance Company)
Transamerica, 4333 Edgewood Road NE, Cedar Rapids, IA 52499
Estate planning articles
Learn how to protect your Transamerica accounts and other assets with trusts, beneficiary designations, and estate planning documents.
