Transamerica introduces final expense insurance powered by Bestow

Transamerica has introduced the FE Express Solution, a digital final expense insurance offering to simplify the application process for both consumers and agents.

This new product provides guaranteed level premiums and lifetime protection of up to $50,000 for qualified applicants.

The fully integrated online platform allows for application, policy delivery, and management to be completed in as little as 10 minutes. It includes features like text and email signatures, electronic policy delivery, and round-the-clock access for policy management. Additionally, the FE Express comes with a complimentary Funeral Concierge Rider from Everest Funeral Concierge, offering funeral planning support and legacy planning tools.

Powered by Bestow’s technology platform, FE Express offers a user-friendly dashboard for agents, helping them manage applications and policies more effectively. This solution aims to provide a quick, accessible, and affordable option for final expense insurance, catering to underserved markets.

“Through their dedication to our customers, agents see first-hand how Transamerica products and services help clients, often when they need it most. FE Express, with the ease-of-application and unique benefits, will assist our agents build even stronger relationships and connect with new customers in underserved markets.” – Andrew DeMarco, head of life solutions at Transamerica.