Choosing the right life insurance policy is about more than just price, it’s about long-term protection, guaranteed benefits, and working with a carrier you can trust. Transamerica Whole Life Insurance is a popular option for individuals and families looking for lifetime coverage with fixed premiums and cash value growth. In this guide, we’ll break down:
Transamerica whole life insurance is a permanent life insurance policy that provides coverage for your entire lifetime, as long as premiums are paid. Unlike term life insurance, whole life never expires and builds cash value over time. Key features include:
Transamerica is one of the most established life insurance carriers in the U.S., with strong financial ratings and a long history of serving policyholders.
When you purchase a Transamerica whole life policy:
The policy is designed to provide stability, predictability, and lifelong protection.
The cost of Transamerica whole life insurance depends on several factors:
| Age | Coverage | Estimated Monthly Cost |
|---|---|---|
| 35 | $100,000 | $90–$130 |
| 45 | $100,000 | $140–$200 |
| 55 | $100,000 | $220–$320 |
| 65 | $50,000 | $180–$275 |
⚠️ Rates vary significantly by individual. Working with an independent broker allows you to compare Transamerica against other A+ rated carriers to ensure you’re getting the best value.
👉 Request Your Personalized Transamerica Whole Life Insurance Quote
Transamerica whole life insurance is especially popular for:
Many plans offer simplified underwriting or no medical exam, making approval easier for older applicants or those with health conditions.
The cash value portion of your policy grows over time and can be:
Cash value grows tax-deferred, meaning you don’t pay taxes unless you withdraw more than you’ve paid into the policy.
| Feature | Whole Life | Term Life |
|---|---|---|
| Coverage Length | Lifetime | 10–30 years |
| Premiums | Fixed | Can increase |
| Cash Value | Yes | No |
| Cost | Higher | Lower |
💡 Many families use both: term life for income replacement and whole life for permanent protection.
Transamerica whole life insurance may be a good fit if you:
However, it’s not always the best solution for everyone which is why working with an independent broker matters.
At Life Insured By Chris, we are an independent life insurance brokerage licensed in multiple states and partnered with 30+ A-rated carriers, including Transamerica.
✔️ No pressure
✔️ Unbiased guidance
✔️ Customized coverage comparisons
✔️ Fast quotes and simple applications
Fill out our secure form or schedule a quick call to see if Transamerica is the right fit or if another carrier can offer you better value.