Transamerica FE Express Solutions Review: Fast, Affordable Final Expense Coverage
Written by Daniel Ray, Life Insurance Expert | ✅ Fact Checked by 
Lisamarie Monaco | Editorial Disclosure Are you looking for fast, affordable final expense coverage with no medical exams?
Transamerica FE Express Solutions is designed to offer quick, hassle-free approval for seniors and others who need financial protection for final expenses.
With no medical exams and coverage decisions in as fast as 10 minutes, this product is perfect for individuals seeking reliable final expense insurance. In this review, we’ll break down the features, benefits, eligibility, and cost of Transamerica’s FE Express Solutions to help you determine if it’s the right fit for your needs.
What Is Transamerica FE Express Solutions?
Transamerica FE Express Solutions is a final expense insurance product designed for individuals who want coverage for funeral and burial expenses without the delay or complexity of traditional life insurance. The policy provides immediate level death benefits, meaning full coverage is available from day one for qualifying applicants.
One of the standout features of this policy is the all-digital platform, which allows for an underwriting decision in as fast as 10 minutes, with no medical exams required. This streamlined approach ensures that seniors and others can get coverage quickly and without the stress of invasive health exams.
Key Benefits of Transamerica FE Express Solutions
Transamerica’s FE Express Solutions provides several key benefits, making it an attractive option for those seeking final expense coverage:
- Guaranteed Level Premiums: Premiums remain level throughout the life of the policy, providing peace of mind that rates won’t increase as you age.
- Coverage Amounts Up to $50,000: The policy offers coverage options ranging from $5,000 to $50,000, allowing flexibility to meet individual needs.
- No Medical Exams: Policies are issued based on simplified underwriting, requiring no medical exams, only a few health-related questions.
- Funeral Planning Services: Policyholders can access optional funeral planning services through Everest Funeral Package, LLC, at no additional cost. This service includes 24/7 advisors and tools to help families make informed decisions during an emotionally stressful time.
*Ball Park Quote
Product Options: Transamerica FE Express Solution vs. Graded FE Express Solution
Transamerica offers two versions of the FE Express Solution:
FE Express Solution:
This option provides an immediate level death benefit, meaning beneficiaries receive the full payout from the first day of the policy for qualifying applicants.
Graded FE Express Solution:
For individuals with higher health risks, this option provides a graded death benefit, which limits the payout during the first two years of the policy. In the event of death during this period, the beneficiary may receive a percentage of the total benefit or a refund of premiums paid.
| Feature | Transamerica FE Express SolutionSM | Transamerica Graded FE Express SolutionSM |
|---|---|---|
| Product Type | Nonparticipating whole life | Nonparticipating whole life |
| Product Description | Immediate level death benefit — first day full coverage can be obtained in as few as 10 minutes with the Concierge Planning RiderSM/BenefitSM that provides funeral concierge services and legacy planning tools at no additional cost. | Graded death benefit during the first two policy years — coverage can be obtained in as few as 10 minutes with the Concierge Planning RiderSM/BenefitSM that provides funeral concierge services and legacy planning tools at no additional cost. |
| Premium Paying Period | Level premiums to age 100 | Level premiums to age 121 |
| Risk Classes | Select Nontobacco, Select Tobacco | Nontobacco, Tobacco |
| Issue Ages | 18–85 | 18–80 |
| Ownership | Insured same as owner | Insured same as owner |
| Issue Ages Based Upon | Age last birthday | Age last birthday |
| Face Amounts | Minimum: $5,000 Maximum: Ages 18–75: $50,000 Ages 76–85: $25,000 | Minimum: $5,000 Maximum: All ages: $25,000 |
| Benefit Period | Matures at age 121 | Matures at age 121 |
| Death Benefit | Guaranteed level benefit. Death benefit is based on face amount from the first day of coverage. | If the insured dies within the first two Policy Years and the Insured’s death is not Accidental Death as defined in this policy, the death benefit will be limited to 110% of the premiums received. Death benefit after the first two policy years is based on the face amount regardless of cause of death. |
| Policy Loans | Variable loan rate, not to exceed 8% | Variable loan rate, not to exceed 8% |
| Available Riders | • Accelerated Death Benefit Rider with Nursing Home Benefit • Concierge Planning Rider | • Accelerated Death Benefit Rider • Concierge Planning Rider |
| Premium Modes and Payment Options | Monthly or Annual Direct payments from checking/savings account (ACH), Credit Card, Debit Card, Social Security Direct Express® Debit MasterCard® | Monthly or Annual Direct payments from checking/savings account (ACH), Credit Card, Debit Card, Social Security Direct Express® Debit MasterCard® |
| Modal Factors | Annual: 1.000 Monthly: 0.0860 | Annual: 1.000 Monthly: 0.0860 |
| Policy Fee | $42 per year | $42 per year |
| State Availability | Available in all states except CA, GU, NY, PA, PR, & VI | Available in all states except CA, GU, NY, PA, PR, & VI |
| State Exclusions for Replacements | FL, GA, IN, KS, NY, OK, PA, & WY | FL, GA, IN, KS, NY, OK, PA, & WY |
| Conversion | Conversions from term policies are not allowed. | Conversions from term policies are not allowed. |
| Citizenship | Available for all U.S. citizens. If not a U.S. citizen, must have a valid green card that does not expire within 90 days. | Available for all U.S. citizens. If not a U.S. citizen, must have a valid green card that does not expire within 90 days. |
Both options offer flexibility, but the FE Express Solution provides immediate, full coverage, while the graded option is more suited to individuals with health concerns.
Eligibility and Underwriting Process
Transamerica FE Express Solutions is designed to make the application process as simple as possible. The eligibility criteria include:
- Ages 18–85 for the Express Solution
- Ages 18–80 for the Graded Solution
The policy uses real-time decisioning during the application process, meaning applicants receive an approval decision in as fast as 10 minutes. The entire application process is digital, making it convenient and efficient for applicants.
Experience: Clients appreciate the quick and non-intrusive application process, especially seniors who want coverage without the hassle of a lengthy underwriting process.
| Select Approval (These conditions will most likely qualify for Select) |
|---|
| • Aneurysm |
| • Angina (cardiac chest pain) within 2 years |
| • Arrhythmia |
| • Asthma |
| • Atrial Fibrillation within 2 years |
| • Autism |
| • Bipolar |
| • Black Lung |
| • Blood Clots (no complications/time since resolved) |
| • Blood Disorder |
| • Bronchitis (chronic) |
| • Cancer (last treatment over 4 years ago) |
| • Chest Pain |
| • Chronic Pain |
| • Circulatory Disorder |
| • Clotting Disorder |
| • Congestive heart failure (CHF) |
| • Cognitive Disorder |
| • COPD (including emphysema and chronic bronchitis) |
| • Crohn’s Disease |
| • Depression |
| • Diabetes with insulin, peripheral vascular disease, neuropathy, retinopathy, or kidney disease within 2 years |
| • Electric Scooter/Cart use |
| • Emphysema |
| • Encephalitis |
| • Epilepsy |
| • Heart attack (within 12 months) |
| • Heart Disease |
| • Heart Murmur |
| • Hepatitis B or C (within 2 years) |
| • Lupus |
| • Marijuana use |
| • Multiple Sclerosis |
| • Peripheral Artery/Vascular Disease (PAD/PVD) |
| • Phlebitis |
| • Post-Traumatic Stress Disorder (PTSD) |
| • Pulmonary Hypertension |
| • Rheumatoid Arthritis |
| • Sarcoidosis (not affecting the lungs) |
| • Schizophrenia |
| • Seizures |
| • Sleep Apnea (CPAP/treatment without supplemental oxygen) |
| • Stroke/TIA/CVA (after 12 months) |
| • Tuberculosis |
| • Ulcerative Colitis |
Rates and Cost of Transamerica FE Express Solutions
The cost of Transamerica FE Express Solutions varies based on factors such as age, gender, and smoking status. Below are sample rates for both male and female nonsmokers and smokers at various ages:
| Age | Male Price | Female Price |
|---|---|---|
| 50 | $38.97 | $33.00 |
| 55 | $45.48 | $36.33 |
| 60 | $51.74 | $40.92 |
| 65 | $64.41 | $51.58 |
| 70 | $86.07 | $65.17 |
| 75 | $117.10 | $85.89 |
| 80 | $172.30 | $134.32 |
| 85 | $250.83 | $204.82 |
Trustworthiness: Premiums for Transamerica’s FE Express Solutions may be higher for older clients or smokers, but the policy offers guaranteed level premiums, meaning they won’t increase as you age.
Calculate your rate and apply for coverage in minutes.
*Ball Park Quote
Funeral Planning Services: Added Value at No Extra Cost
In addition to offering final expense coverage, Transamerica provides optional funeral planning services through Everest Funeral Package, LLC. This service adds significant value at no extra cost, helping families:
- Access 24/7 advisors to guide them through funeral planning
- Use price comparison tools to ensure fair costs
- Store important documents digitally for quick access
This additional service is a valuable benefit for families looking to streamline funeral arrangements and avoid overpaying.
Authoritativeness: This added benefit can save families thousands of dollars in funeral costs by providing tools and expert advice to help with price negotiation.
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FAQ Section
No, medical underwriting is not required. Policies are issued based on simplified underwriting with no medical exams.
You can get a coverage decision in as fast as 10 minutes using the all-digital application process.
The Express Solution provides immediate full coverage, while the Graded Solution offers a limited payout during the first two years for higher-risk individuals.
Yes, like many whole life insurance policies, Transamerica FE Express Solutions builds cash value over time.
Coverage options range from $5,000 to $50,000, allowing you to choose the amount that best fits your final expense needs.
Conclusion
Transamerica FE Express Solutions provides a fast and affordable option for those seeking final expense insurance. With guaranteed level premiums, no medical exams, and a simple digital application process, this policy makes it easy for seniors and others to secure coverage in just minutes.
The optional funeral planning services add further value by helping families manage funeral arrangements and reduce costs. Ready to secure affordable final expense coverage? Get your free quote and apply for Transamerica FE Express Solutions today.
*Ball Park Quote
