Transamerica, Aegon and Reinsurance Group of America have exited the inheritance planning platform developer in a purchase by National Guardian Life.

Insurance firm National Guardian Life Insurance (NGL) has paid an undisclosed amount to buy US-based inheritance planning service provider Everplans, allowing insurers Transamerica, Aegon and Reinsurance Group of America (RGA) to exit.

Everplans has developed an online platform that allows users to digitise and manage documentation such as wills, life insurance documents and health history. It will continue to serve new and existing customers as a subsidiary of NGL but will operate as a separate entity.

The company raised $1.3m…