The Premier financial powerhouse Monumental Life Insurance Company was established in 1858 and is based in Cedar Rapids, Lowa. Its administration office is in Baltimore, Maryland. It is a subsidiary of Dutch insurance giant AEGON. Mutual life insurance Company of Baltimore was the former name of monumental life insurance company. Later in 1935 it was changed to monumental life insurance company. For the past decade monumental life insurance company has maintained its dominant position by providing wide range of flexible products.
Monumental life is a leading insurance provider in United States which offers annuities, life insurance, long term care, cancer, disability income, and Medicare supplement solutions which meet the needs of customer at every step in life. Through employee career agents and independent agents it provides life insurance and other financial products and service. Monumental Life Insurance is licensed in all states Expect in New York and Washington- DC. It targets lower and middle income groups. In 2011 Transamerica Agency Network, Inc. a marketing organization was formed by joining the Monumental Life agents with the Life Investors Financial Group, Inc. agents.
By implementing cost cutting measures monumental Life Insurance is working towards updating its operations which includes filtering field agents and administrative support personnel and hiring part-time, non-employee contractors and agents. It’s working to use “Discipline” as its motto for pricing and taking risk.
By providing online training to its agent through the host of online tools and application on its web site it has expanded web-based offerings. The dedicated risk management team of monumental life insurance follows strict risk measurement, reporting and monitoring process to stays abreast of economic changes.
Secure your future by taking up the Monumental life product now.
Lines of Insurance:
Health, Long Term Care, Life, Disability
States licensed to sell insurance in:
AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY
Type of Insurance Company: Stock (parent)
Name of Parent Company:
AEGON USA Group
Monumental Life Company Rating: A+
Monumental Life Company Financial Status:
Ticker Symbol: AEG (NYSE)
Assets & Premiums: 2006 Assets: $19.9 billion
S&P rating: AA (very strong)
Moody's rating: Aa3 (excellent)
Fitch rating: AA+ (very strong)
President Henry G. Hagan, CLU
4333 Edgewood Road N.E.
Cedar Rapids, IA 52499
Where to send complaints:
Monumental Life customer servi
Baltimore, MD 21202