Transamerica

Why Transamerica Final Expense?

The main advantages of Transamerica's final expense life insurance policies include:

• No waiting period for coverage to begin
• No increase in premium due to age

Transamerica Final Expense Product Information

Purchasing a final expense life insurance policy through Transamerica is easy, and age and health may not affect approval for coverage. Transamerica offers the following three final expense policies:

• Immediate solution
• 10-Pay solution
• Easy solution

Immediate Solution

• Level premiums to age 121
• Issue ages 0-85
• Minimum issue amount: $1,000 ($5,000 in WA)
• Max issue amount:
  0-55: $50,000
  56-65: $40,000
  66-75: $30,000
  76-85: $25,000

10-Pay Solution

• Level premiums for 10 years
• Issue ages 0-85
• Minimum issue amount: $1,000 ($5,000 in WA)
• Max issue amount:
  0-55: $50,000
  56-65: $40,000
  66-75: $30,000
  76-85: $25,000

Easy Solution

• Level premiums to age 121
• Issue ages 18-80
• Minimum issue amount: $1,000 ($5,000 in PA)
• Max issue amount: $25,000
• Death benefit during first two policy years is based on face amount for accidental death or will be limited to 110% of premiums paid for any other cause of death. After two years, the face amount is paid regardless of cause of death.

Transamerica State Availability

Transamerica offers their Final Expense plans in nearly all states. For more details information, check the comprehensive state availability chart for this product line.

New to Final Expense Sales?

You've come to the right place!

Check out some of the following resources to learn more about how to sell final expense products.

[ARTICLE] Final Expense Insurance: Level, Graded, Modified, and GI (2nd Edition)

Watch a roleplay example of how a Life Insurance Review is done (with a focus on final expense in this example):

[WEBINAR!] How to Sell Final Expense Insurance:

‍