Transamerica Final Expense (FE) - FE EXPRESS SOLUTION - IMMEDIATE SOLUTION

Carrier: Transamerica

Product: Immediate Solution / Easy Solution

Product Type: Simplified Issue Whole Life – Final Expense

Plan Tiers: Immediate Solution (Level), Easy Solution (Graded)

Issue Ages: 0–85 (varies slightly by plan)

Face Amounts: $1,000–$50,000

Target Market: Seniors needing permanent coverage for funeral costs with relaxed health screening

Underwriting Notes: No exam. Based on Yes/No questions, MIB, Rx check, and build chart. Immediate for healthier clients; Easy for moderate conditions.

The Transamerica Final Expense Solutions Portfolio is designed to provide agents and their clients with fast, accessible, and lifetime-guaranteed life insurance products tailored to cover funeral and end-of-life expenses...

Product Types and Plan Comparison – Transamerica Final Expense

Transamerica offers three structured final expense solutions to meet the full spectrum of client health and budget profiles. Each product includes lifetime protection, level premiums, and straightforward underwriting. See below for a side-by-side comparison:

Note: Easy Solution is reserved for clients with more severe health conditions. Immediate and 10-Pay Solutions are available with Preferred or Standard ratings.

Riders – Transamerica Final Expense

Accelerated Death Benefit Riders (ADBR)

Transamerica’s Accelerated Death Benefit Rider (ADBR) provides an accelerated benefit that is paid instead of the cash value or death benefit under the insured’s policy. This benefit may be used to help cover medical or nursing home expenses due to injury or illness as diagnosed by a physician.

All ADBRs require proof of the qualifying event while the rider and policy are in force. This includes a completed request form and a physician’s statement. Transamerica may request further medical evidence from the attending physician.

Accelerated Death Benefit Rider with Nursing Home Benefit (NHB)

Not available in California and Florida

• Eligibility requires continuous confinement in an eligible nursing home for at least 90 days
• Physician must certify the confinement is expected to continue until death
• Confinement must be due to:
  • An accident occurring after the rider effective date
  • An illness that first manifests more than 30 days after the rider effective date
• Applicants needing assistance with activities of daily living within 2 years prior to application are not eligible

Accelerated Death Benefit Rider (ADBR) – Florida Only

• Provides a benefit if the insured is expected to die within 12 months
• Requires physician certification of the terminal condition

Terminal Illness Accelerated Death Benefit Rider (TIR) – California Only

• Up to 100% of the face amount may be accelerated
• Reductions include: interest discount, outstanding loans, admin charge, and premiums due in the next year
• Requires certification of life expectancy under 12 months

Note: Accelerated death benefits may be taxable and could affect eligibility for public assistance. Consult a tax advisor. Refer to rider forms for complete terms and limitations.

Optional Riders (Available only with Immediate Solution)

Accidental Death Benefit Rider (ADR)

• Provides an additional death benefit if the insured’s death results from accidental bodily injury
• Issue ages: 18 through 70
• Death must occur within 90 days of the accident
• Policy must be in force at time of death

Children’s and Grandchildren’s Benefit Rider (CGR)

• Annual premium per unit per child: $2.00
• Parent/Grandparent issue ages: 18–75
• Child/Grandchild issue ages: 15 days to 18 years
• Up to nine children/grandchildren may be covered
• Minimum face: $1,000
• Maximum face: Lesser of base policy or $5,000 per child
• All covered children must have same face amount
• Not eligible if diagnosed with a terminal illness (life expectancy < 24 months)
• Total coverage per child across all CGR riders cannot exceed $5,000
• Coverage ends on anniversary following the child’s 25th birthday

Conversion Options

Children may convert coverage to a permanent policy if they have been insured under the rider for at least two years. Conversion guidelines:

• Ages 0–17: Qualify for Juvenile Standard
• Ages 18–25: Qualify for Standard Nontobacco

Underwriting Process and Rating Classes – Transamerica Final Expense

Transamerica Final Expense uses a digitally-enabled, accelerated underwriting process to make real-time policy decisions without traditional exams or lab work...

Adult Height and Weight Chart – Transamerica Final Expense

The following chart outlines Transamerica’s official underwriting weight limits for adult applicants by height. Eligibility for Preferred, Standard, or Graded coverage depends on the applicant’s build and the absence of disqualifying health conditions. Applicants whose weight exceeds the “Max Graded” category are not eligible for any coverage.

Note: These build limits are applied independently of other impairments unless otherwise specified by underwriting guidelines. The chart does not consider frame size or gender-specific differences.

Adult Impairment Decision Guide – Transamerica Final Expense

The chart below contains Transamerica’s official underwriting decisions for applicants with a single medical or lifestyle condition. These guidelines assume all other underwriting factors — including build, tobacco status, and activity level — are within acceptable limits. If multiple impairments exist, eligibility may change based on the cumulative risk profile.

Note: Transamerica may adjust ratings based on prescription history, combinations of impairments, or additional underwriting discretion.

Juvenile Eligibility Rules and Build Chart – Transamerica Final Expense

Transamerica underwrites juvenile applicants separately from adults, with strict criteria for medical history and height/weight ratios. Children under the age of 18 are only eligible for the Juvenile Standard class. No other risk classes apply.

Medical Conditions That Disqualify Juvenile Applicants

If a juvenile applicant has any of the following medical conditions or personal history, they are not eligible for coverage under a base policy or rider.

• Cognitive impairment
• Memory loss
• Mental incapacity
• Motor neuron disease
• Cerebral palsy
• Cystic fibrosis
• Huntington’s disease
• Amputation (other than due to accident/trauma)
• Bone marrow, stem cell, or organ transplant (other than corneal)
• Cancer
• Pulmonary fibrosis
• Sickle cell anemia
• Down syndrome
• Autism
• Depression
• Bipolar
• Schizophrenia
• Eating disorder
• Suicide attempt
• Cardiac surgery
• Diabetes Type I or II
• Chronic pain
• Muscular dystrophy
• Paralysis
• Heart failure
• Pending surgery requiring general anesthesia

Juvenile Build Chart

The following height and weight chart must be used for juvenile applicants age 14 through 17. Younger children may be evaluated using alternative growth charts.

Note: Applicants age 14–17 must meet this build chart in addition to all other health and eligibility criteria.

Juvenile Height and Weight Chart – Ages 0 to 13

The following chart defines the acceptable height and weight ranges for applicants between 15 days and 13 years old. If a proposed insured's build falls outside of these ranges, the application will be declined. For ages 14 through 17, refer to the adult build chart.

Note: All juvenile applicants must also meet eligibility criteria regarding health questions and medical conditions. This chart is used strictly for build qualification.

Applicants Ages 14–17

Applicants ages 14 through 17 must meet the adult height and weight chart requirements. If weight exceeds the maximum allowed for the Standard product, no coverage will be issued.

Premium Rate Calculation and Modal Factors – Transamerica Final Expense

Transamerica’s Final Expense Solutions offer permanent life insurance coverage with level premiums and a one-time policy fee. Premiums are guaranteed not to increase for the life of the policy and vary by plan type, age, gender, and rating class. Payment modes are flexible and designed to accommodate clients on a budget or fixed income.

Policy Fee

A non-refundable policy fee of $42.00 is applied to every Transamerica Final Expense policy. This fee is the same regardless of age, face amount, or rating class.

Accepted Payment Modes & Modal Factors

The following modal factors apply to all plans:

Premium Calculation Example

Assume a client qualifies for a $15,000 Immediate Solution policy with a Preferred Nontobacco rating. The annual rate is $40.18 per $1,000. Here's how to calculate monthly EFT premiums:

1. Base Premium: 15 units × $40.18 = $602.70
2. Plus Policy Fee: $602.70 + $42.00 = $644.70
3. Monthly EFT Premium: $644.70 × 0.086 = $55.44/month

Optional Rider Cost Examples

• Accidental Death Benefit Rider (ADR):
  $15,000 coverage = 15 units × $2.95 = $44.25 annually
  $44.25 × 0.086 = $3.81/month
• Children’s/Grandchildren’s Rider (CGR):
  $5,000 total for four children = $20.00/year
  $20.00 × 0.086 = $1.72/month

Total Monthly Premium: $55.44 (base) + $3.81 (ADR) + $1.72 (CGR) = $60.97/month

Quoting Tools

Agents may use Transamerica’s Quick Quote tool from desktop or mobile devices without logging in. Quotes include all plan types, rating classes, rider add-ons, and payment mode options.

Application Submission & Policy Delivery – Transamerica Final Expense

Transamerica Final Expense uses a digital-first platform to streamline the application and underwriting process. All applications are submitted through the iGO® e-App system, eliminating the need for paper forms or in-person interviews. Most clients receive a decision within minutes, improving efficiency for both agents and applicants.

iGO® e-App Process

1. Agent accesses the iGO® e-App platform via iPipeline®.
2. Application is completed online with the client present in person or remotely.
3. Minimal health questions are required due to real-time digital data retrieval.
4. Underwriting decision is delivered during or shortly after submission.
5. Agent receives email confirmation of the case decision.

e-Signature and Application Validity

• Electronic signature is completed during the application session.
• No faxing, mailing, or in-person signing required.
• Applications remain valid for 90 days from the original submission date.
• If underwriting requirements are not fulfilled within 45 days, the case will close automatically.
• Closed cases may be reopened within 90 days; after 90 days, a new application is required.

Policy Delivery Options

• Policy documents are issued promptly upon approval and can be delivered via:
  • Electronic delivery (eDelivery)
  • Traditional mailed delivery (if selected)
• Policy delivery method can be chosen during the application process.

Agent Tips

• Double-check all personal and medical information with the applicant before submitting the e-App.
• Use the Transamerica Quick Quote tool to confirm rates before launching the application.
• Default delivery is eDelivery unless mail is selected at submission.

Assistant Prompt

If an agent asks how to submit an application or what happens after it is submitted, the Assistant should respond:

“All Transamerica Final Expense applications are submitted through the iGO® e-App system. Most applicants receive a decision within minutes based on digital health data. The application is valid for 90 days. Delivery options include email (default) or regular mail.”

Product Comparison: FE Express vs. Immediate Solution

This comparison highlights the key differences between Transamerica’s FE Express Solution and the more established Immediate Solution. Use this to match clients with the product that best fits their health profile, speed preferences, and feature requirements.

Summary: FE Express streamlines underwriting and eliminates paper, while Immediate Solution supports more payment modes, cash value accumulation, and broader rider options.