We’re committed to helping your business succeed, so we’ve made substantial improvements to our Final Expense Solutions Portfolio. Look at the many enhancements we’ve made:

To help make selling Transamerica easier, we’ve lowered rates across our entire Final Expense Solutions Portfolio. You’ll see industry-best rates for Immediate Solution preferred nonsmoker scenarios, ages 50 to 70.*

* Comparison based on monthly premiums. Internal data and FEX Quotes February 1, 2021.

While 80% of our applicants use our electronic application, we understand there are times when a paper application is required. We also heard from you that our paper application was too long.

That’s why we’re proud to announce our newly designed final expense paper application for ICC states.*

Beginning April 17, our new ICC paper application: 

• Is shorter (7½ vs. 19 pages)
• Is easier to complete (over 50 fields removed)
• Asks fewer questions (no more driver’s license or doctor’s info requirements)
• Provides visual clues highlighting mandatory fields to reduce confusion and NIGO submissions
• Saves time, paper, and printing costs

Here are some important dates to keep in mind:

• ICC paper applications signed between April 17 and April 30 and received in house by May 14 can use either the old or new ICC application

• All ICC paper applications signed on or after May 1 and received in house on or after May 15 must use the new ICC paper application

* Shorter paper application is only applicable to ICC states at this time. It is NOT available in California, Florida, North Dakota, South Dakota, New York, Delaware, Guam, or American Samoa.

** Preview only. Download full, state-specific ICC application packet on the agent portal.

We want to improve your selling experience and your clients’ buying experience. That’s why we now have one new, more intuitive payment form. It also eliminates the additional forms for EFT and Social Security billing. We’re confident you’re going to love it because it will save you time and offer more convenience.

Our new payment form is available for use on all paper applications — ICC states and non-ICC states — and offers:

• Clear directions
• Contacts for your questions
• Guidance on requirements for initial and recurring premiums
• Eliminates separate EFT and Social Security Billing Authorization form

Eager to use the new payment forms? Here are some important dates to keep in mind:

• All paper applications received in house between April 17 and April 30 can use either the new Payment Authorization Form or the old payment forms (EFT, SSBA, etc.)

• All paper applications received in house May 1 and after must use the new Payment Authorization Form

We know your clients want the choice to pay final expense premiums with Visa and Mastercard credit cards. In today’s world, this is a requirement that clients have come to expect. That said, security is our top priority.

Tokenization2) Client enters their credit card number and clicks “GET TOKEN.”
3) Client provides you the token number provided on the screen.
4) You enter the token number in either the iGO electronic application or the paper payment form in place of the
credit card number. Please be sure to enter the tokenized number, including the “T” plus 16 digits

Ramp up your sales strategy with our prospecting templates and social media materials to help reach more customers and land new business.

Looking for a faster case placement? Make sure you’re using our iGO e-App whenever possible. iGO e-App makes applying for life insurance easy with intuitive fields that reflect how agent-client meetings proceed. Plus, it can help ensure every submitted application is in good order and reduce cycle times. If you have not used our e-app yet, watch this training video:

Final Expense Details
Looking for more information on final expense?
Click here to visit our Final Expense Solutions Portfolio home page.