As Transamerica Occidental Life Insurance Company (TOLIC) begins its second century of
service (its predecessor, Occidental Life Insurance Company, was founded in
1906), the focus remains the same: to provide financial products and services
that help individuals, families and businesses create better futures.
Transamerica Insurance & Investment Group (TIIG) is a
marketing unit of TOLIC and its affiliates. TIIG offers products underwritten
by TOLIC and Transamerica Financial Life Insurance Company (in New York),
including term life insurance, individual and survivor-ship universal life
insurance, variable universal life insurance, and fixed annuities. In addition
to the traditional uses of life insurance, TIIG has programs and services to
support tax and estate planning, supplemental retirement planning, premium
financing, wealth accumulation and preservation, and business continuation.
In the U.S., TIIG focuses on the upper-middle and affluent markets, plus a
number of niche markets, including small to mid-sized businesses and various
ethnic groups. In the Pacific Rim, TIIG's primary market is Southeast Asia, which
includes residents of Hong Kong and Singapore. The emphasis in Asia is on asset
management and wealth transfer.
TIIG relies primarily on agent-delivered life insurance
products and services, with approximately 400 general agencies and 116,000
contracted producers. Independent general agents are responsible for
recruiting, developing and supporting producers who, in turn, interface with
the company's policyowners. Through its National Accounts channel, TIIG also
offers life insurance products to customers via the broker/dealer community.
Transamerica Occidental Life ended its first year with $602,000 of life insurance
in force. With more than $763 billion of life insurance in force as of January 1, 2006,
Transamerica has a proud history of innovation, and a 100-year
commitment to serving the long-term interests of its policyowners.
Additional information can be found at: www.transamerica.com