TransWorld Assurance

Life insurance, Trans World Assurance Co

Trans World Assurance provides only the safest and strongest cash accumulation life insurance available to military personnel and their families. See more

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TransWorld Assurance Reviews ( 30 )

  1. If there was an option for 0 stars, it would be zero. I called to cancel my policy and the lady that I was talking to was giving me an attitude. There’s no reason to give someone an attitude for cancelling their policy. Thankfully, a gentleman answered my questions and we worked it out.

  2. Called in to ask questions about the policy I had while in the military and I must have connected w/ someone who was having a bad day. Apparently, customer service is a thing of the past with them! Glad my policy is closed! I’d never do business w/ a company like this! Can I do 1/4 stars?

  3. (one star b/c there is no zero star rating) If you invest with these guys you can kiss your money goodbye. If you invest with these guys they will give you an education, i.e. how they can legally steal your money. Rather than give these …

  4. I opened my account with this company in April 2013. I was told that there will be a minimum %5 return every year after the first year. I haven’t see a penny increase in my account but paying these guy $30 a month.

  5. my husband has had Trans World Assurance since 1989, they have good telephone service reps and they pay a great interest rate, the longer you are with them the higher your rate gets.

  6. Regardless of how the economy improves all the company will give is 4% per year. I’ve had this policy over 15 years and its not making any money. I’m retired military so what the point of having the burial insurance that been only 10K and never increases. Find another investment.

  7. I made a savings account here for 7 months 100 bucks a month, i was told there was no charge its just a personal savings account! So i call too cancel and waited for a check too be issued, two weeks pass and nothing! Also when i sent my …

  8. I do see alot of terrible reviews on here, but so far my experience has been ok, they do tell you theyll pull out $30 a month for you premium, and yes 5% will be charged if you pull you money before 10 years are over. They guarantee atleast …

  9. This place is a scam. Do not use them. Anyone who tells you different is lying. They prey on young soldiers that don’t understand insurance (myself included) and they take your money with the promise of “big returns on your investment after …

  10. WOW!! I can’t believe the negative reviews I’ve read here. I enrolled in 1998 and 23 year’s later had a 50k nest egg. Hated to have to dip into it but in these lean times it was there for me. Things I would change. Direct deposit for withdrawal instead of a mailed check. With the USPS being so unreliable maybe FedEx.

  11. I have been with them for about eight years. These bad reviews are due to lack of education on the product. I can agree the website needs work but I have been receiving about 5% interest a year which is now paying for my policy. Now …

  12. If you’re happy opening a policy and never having to talk to anyone about it, they’re fine. If the website decides to work they’re usually pretty good at getting withdrawal requests out in about a week. …

  13. I cannot stress enough how much I would avoid this company at all costs. They suckered me in when I was a young, naive active duty service member and I “invested” hundreds of dollars per month for 5 years… Thousands of dollars. They tell …

  14. I used to work for TWA for years. I purchased a policy and have been happy with it. I have been able to withdraw money from my accumulation fund with no problem. The 4% guarantee is better than what my bank pays. I have read some other …

  15. Customer service over the phone is horrible. Talking over me, not listening to my issues, etc. Then there is the issue with how they process information. They process requests through paper forms and send through standard mail. Although …

  16. First, I have had Transworld for almost three years and it seemed ok. However recently I called the company and an employee named Jenny answered. From the very start she was the most unprofessional customer service representative I’ve ever …

  17. I have been with TWA since 1988 and think it’s a wonderful company. I always have great customer respect and prompt, friendly service. I am a 25 year (retired) army vet and I would definitely recommend this company to any SERIOUS investor.

  18. Stay far away from this company. I faxed over my handwritten letter to cancel my policy as instructed and was told I would receive my check in 10 business days, those 10 days pass and I still had not received my check. I’m a patient person …

  19. Worst company do not invest invest in it please. They got me when I was getting out of the military. I paid $200 a month, when I decided to stay in and keep SGLI they charged me 1500 to stop their services. In other words I paid them 200 …

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