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

Monumental Life Video

Monumental Life Review

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:

  1. Press 1 for existing customers
  2. Press 1 for insurance
  3. Enter your Social Security #, or remain on the line to be connected with a live customer service representative

Company Contact Information

Customer Service:


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:

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by Lindsay Malzone, Lindsay Malzone is the Medicare expert for She's been contributing to many well-known publications as an industry expert since 2017. Her passion is educating Medicare beneficiaries on all their supplemental Medicare options so they can make an informed decision on their healthcare coverage.