TransAmerica

TransAmerica offers Final Expense, Term Products, and Medicare Supplement. They do not require  E & O coverage.  It has an E-application process that accepts electronic signatures on Express Term and Medicare Supplement. Applications can be scanned and up loaded to the website for Final Expense but this company still prefers faxed applications.  No height and weight chart.  Accepts the Direct Express Card. Many times they will not do a POS interview.

 

With TransAmerica TredSetter Term, an Income Protection Option (IPO) is offered that gives the policy holder control to structure a guaranteed income stream with optional initial/or final lump some benefit to one or more beneficiaries. It is available at no additional cost, may include multiple beneficiaries, and can be modified prior to the death of the insured.

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If you were terminated from TransAmerica for lack of production within a 12-month period, you will need to provide proof of new business before they will process a new contract. To show proof of new business, you must provide the name and birthdate of the prospective client or the policy number of a newly submitted application in states that allow Just-in-time appointments. Kansas, Louisiana, Montana, Pennsylvania, and Texas do not allow just-in-time appointments. If you are a resident in any of these 5 states, you will be eligible to send in a new contract before you write new business. 

FE Product Overview

Final Expense:

Not Available in AK, HI, MT, WAF

inal Expense available in NY

Only Immediate Solution/10_pay in MA, MT

 

Immediate Solution:

Ages 0 to 85

Minimum Amount $1,000

Maximum Amount:

0-55 $50,000

56-65 $40,000

66-75 $30,000

76-85 $25,000

COPD Written Immediate

 

Riders:

Accelerated Death Benefit

with or without Nursing Home Option

 

10 Pay Solution:

Ages 0 to 85

Mimimum Amount $1,000

Maximum Amount:

0-55 $50,000

56-65 $40,000

66-75 $30,000

76-85 $25,000

 

Riders:

Accelerated Death Benefit

with or without Nursing Home Option

 

Easy Solution:

Ages 18 to 80

Mimumum $1,000 (PA $5,000)

Maximim $25,000 

2-Year Graded 

 

Term Product Overview

TrendSetter Term:

Not Available in NY

E-application available. No PHI required with the phone application.

 

Super YRT-Guaranteed renewable to age 95. Premiums Guaranteed for the First Five Years.

Starts at $100,000

Ages 18 to 80

 

Terms Available is 10, 15, 20, 25, and 30 years.

Ages start at 18 and go up to Age 80 but vary with length of the term. Guaranteed renewable to age 105.

 

Riders:

Waiver of Premium-Available at time of issue only

Issue Ages 15 to 55

Accident Indemnity-Available at time of issue only. Issues Ages 15 to 65.

 

Living Benefits:

Product provides living benefits and death benefits in one life insurance solution. A Guaranteed level premium insurance with Chronic, Critical, and Terminal Illness Accelerated Death Benefit.