800-538-3767
Available Life Products
Term Life Insurance
Transamerica offers guaranteed term insurance policies for 10 - 15 - 20 - 25 and 30 years. (At PolicyWand, we allow you to quote coverage for 10 - 15 - 20 and 30 year term). Premiums are guaranteed for the life of the term product. You can purchase between $25k and $10 million in coverage with through Transamerica.
Whole Life Insurance
Transamerica offers guaranteed cash value, guaranted level premiums along with non-guaranteed dividends to help you achieve your financial goals.
Indexed UNIVERSAL LIFE
Transamerica offers this flexible universal life product that allows you to accumulate wealth within the S&P 500 without the negative risk associated with the market.
Final Expense Whole Life Insurance
Transamerica offers this policy to help pay for final expenses associated with death. Between the ages of 0 - 55 you may be eligble for up to $50,000 in coverage. Between the ages of 56 - 65 you may be eligible for up to $40,000 in coverage. Between the ages of 65 - 75 you may be eligible for up to $30,000 Between the ages of 76 - 85 you may be eligible for up to $25,000.
No-Exam Options
Transamerica offers up to $2 million in coverage without having to complete a medical exam.
- Your eligibility may depend upon the answers to the health questions on your application
- No exam options are only available for Transamerica Term Life Products.
Available Riders
ACCIDENTAL DEATH BENEFIT
When available, this rider pays an additional benefit up to $300,000 if the insured dies from accidental bodily injury.
Children's Benefit Rider
When availabe, this rider provides a benefit for all children of the insured up to their 25th birthday. The benefit limit is 25 units per policy spread out amongst all your children.
TERMINAL ILLNESS
When available, allows you to accelerate a portion of your death benefit in advance of death. You can accerate 100% of your death benefit up to $1.5 million dollars.
WAIVER OF PREMIUM
When available, this rider credits the cost of your policy in the event of your Total Disability
Long Term Care Rider
Where available, this rider is designed to accelerate the death benefit to help offset the expenses associated with Qualified Long Term Care Services.
Conversion Options
If available in your state, Transamerica will allow you to convert your term policy at the same class you were originally quoted regardless of your current health. You may convert any portion of your death benefit into any permanent policy offered by Transamerica. If you are rated at preferred plus you may convert your term policy up to your age of 75. For any other rate class you may convert your policy up until your age of 70.
Have Questions?
Live Agent Support
Have questions on which carrier to choose or riders that you might need? InsuranceMD agents are available to help answer your questions. Give us a call or text us at 800-538-3767 or you can chat with us by access our live chat option below. Our licensed agents aren’t commissioned so rest assured that our priority is to help you choose the best life insurance option for you. We’re here to help!
Life Insurance Calculator
Purchasing life insurance can be a daunting decision. Our EZ Calculator tool can help you quickly estimate how much life insurance you might need. Want a more custom and comprehensive life insurance evaluation? Our Personalized Life Insurance Calculator gives you the option to get a detailed life insurance assessment based on your current and future needs.