Triangle Life and Health Blog

Transamerica Final Expense Insurance — Plans, Pricing & What You Need to Know

Written by Michael Cubell | Jun 20, 2026 2:20:50 PM

Transamerica is one of the biggest names in life insurance — and their Final Expense Solutions portfolio is one of the most flexible on the market. Whether you're in great health or dealing with pre-existing conditions, they've built a product lineup that covers the full spectrum.

I've placed policies with Transamerica for clients across multiple states, and here's what you need to know about their final expense offerings.

Transamerica's Final Expense Product Lineup

Transamerica doesn't just offer one plan — they have three distinct solutions, each designed for different situations:

1. FE Express Solution (Fastest Option)

Issue Ages18 – 85
Coverage$5,000 – $50,000 (ages 18–75) / $5,000 – $25,000 (ages 76–85)
Death BenefitFull benefit from day one
Application100% digital — no paper
Decision Speed100% instant decisions, policy delivered in as fast as 10 minutes
RidersConcierge Planning Rider (free), Accelerated Death Benefit + Nursing Home Rider

This is Transamerica's flagship final expense product — fully digital, instant decisions, and policy delivery in as little as 10 minutes. If you want fast, hassle-free coverage, this is it.

The Concierge Planning Rider is a unique perk — it gives you (and your family) access to expert assistance with funeral planning, legal documents, estate planning, and more, all at no additional cost.

2. Immediate Solution (Full Coverage, More Options)

Issue Ages0 – 85
Coverage$1,000 – $50,000 (varies by age)
Death BenefitFull benefit from day one
ApplicationDigital or paper
RidersAccelerated Death Benefit + Nursing Home, Accidental Death, Children's/Grandchildren's Rider

The Immediate Solution offers the most rider options, including the Children's and Grandchildren's Benefit Rider — you can add coverage for up to 9 kids/grandkids on the same policy. It also comes in a 10-Pay option, where you pay premiums for just 10 years and the policy is paid up for life.

3. Easy Solution (For Health Challenges)

Issue Ages18 – 80
Coverage$1,000 – $25,000
Death BenefitGraded: Year 1 = 30%, Year 2 = 70%, Year 3+ = 100%
Waiting Period2-year graded period

The Easy Solution is designed for people with more significant health conditions who wouldn't qualify for the other plans. The graded benefit structure means the payout increases over the first two years — but accidental death pays the full face amount from day one.

How Much Does Transamerica Final Expense Cost?

Transamerica's rates are competitive, though they tend to run slightly higher than Mutual of Omaha for most age groups. Your exact premium depends on your age, health, gender, and coverage amount.

Some key pricing notes:

  • 💰 Level premiums — your rate is locked in at time of issue and never increases
  • 📋 No medical exam required
  • 💳 You can pay with your Social Security Direct Express debit card
  • 🔄 If your situation changes, you can opt for a reduced paid-up policy

Get a free personalized quote — I'll compare Transamerica side-by-side with other carriers for your specific age and health situation.

Unique Transamerica Advantages

  • Expedited claims — Transamerica can pay up to $25,000 of the death benefit quickly to cover immediate funeral expenses
  • 📱 All-digital experience — the FE Express Solution is 100% digital with instant decisions
  • 👶 Children's/Grandchildren's Rider — cover up to 9 kids/grandkids on one policy (Immediate Solution only)
  • 🏛️ Highly rated carrier — Transamerica is part of Aegon, one of the world's largest financial services companies
  • 📅 10-Pay option — pay off your policy in 10 years, covered for life
  • 🏥 Nursing Home Benefit — built-in rider for nursing home confinement (Immediate & 10-Pay)

Who Is Transamerica Best For?

Transamerica final expense is a great choice if you:

  • Want the fastest approval process — policy delivered in as fast as 10 minutes
  • Need a 10-Pay option to own your policy outright in 10 years
  • Want to cover children or grandchildren on the same policy
  • Have moderate health conditions and need a carrier with multiple plan tiers
  • Prefer a fully digital experience

Get Your Free Transamerica Quote

As an independent agent, I can compare Transamerica with other carriers to find you the best rate. There's no cost, no obligation, and I work for you — not any insurance company.

👉 Schedule Your Free Consultation or call (919) 944-8443 to get started.