Transamerica No Medical Exam Insurance

Quick Summary: Transamerica is a very strong company that is well known. Price is middle of the pack compared to other no exam options. Nice included benefits and will look favorably on certain medical conditions. Not a company we place a high number of our no exam clients with but is a good fit for some.

Skip the Exam

See our in-depth guide about life insurance without the medical exam. Compare more than 20 of the top companies and policies. Find out which is right for you today.

About the Company

Transamerica insurance company logo

One of the more well known names in the insurance business, Transamerica is near the top of the industry year after year. Owned by parent company Aegon, Transamerica has been doing business for over 100 years.

With top ratings from all the major agencies, including an "A+" from A.M. Best, it doesn't get much stronger than Transamerica when it comes to independent ratings of financial strength.

Aside from life insurance, Transamerica markets a wide range of financial products and has a large customer base. All these factors make them a company you can count on to continue being a leader for many more years to come.

About the Policy

Product Name

Trendsetter Living Benefits Term


$25,000 to $249,000


18 to 60


10, 15, 20, 25,  30 years

Product Name

Trendsetter Living Benefits Term


$25,000 to $249,000


18 to 60


10, 15, 20, 25, 30 years

Underwriting Process

The underwriting process will check several information databases including:

  • Motor Vehicle Report 
  • Prescription Database
  • Medical Information Bureau

Think of the MIB as the place where insurance carriers share information on applicants for the good of the group. This reduces fraud and increases underwriting efficiencies, ultimately passing some savings on to the consumer.

For example: If a past application contained information about your high blood pressure readings, this will be seen in the MIB by the new insurer.

Medical Questionaire

Just like any insurance application, you'll be asked questions pertaining to your health, family medical history, tobacco, alcohol, and drug use and anything else that may influence the rate you are offered in exchange for an insurance policy.

Decision Time

Transamerica can be pretty fast, sometimes giving decisions in about a week but normally is a little long for a no exam policy. We have seen it take up to 30 days if they feel the need to request your medical records. Some of this added time will depend on your doctor's office and how quickly they comply.


Will be favorable towards some medical conditions that other companies will not.

Has very good riders and policy options.


Maximum death benefit of $249,999 is low for no medical policies.

Only goes up to Standard health class, those in good health can find better.

Insert Content Template or Symbol

Extras and Options

The riders and options included in this policy are among the best available for no exam products. In your base policy you will get:

  • Chronic Illness Accelerated Death Benefits
  • Critical Illness Accelerated Death Benefits
  • Terminal Accelerated Death Benefits
  • Income Protection Option

After that, you may further customize the policy depending on your needs for an additional cost with:

  • Children's Insurance Rider
  • Waiver of Premium Rider
  • Accidental Indemnity
  • Monthly Disability Income

 At Transamerica, conversion of your no exam policy to permanent insurance is allowed up to the earlier of your 70th birthday or the initial level term period. The nice thing is that no new health checks are needed. You are guaranteed coverage regardless of what might have developed in your health picture.


The price for Transamerica's no exam product is not the cheapest around but is a good value considering what you get included. 

Sample No Exam Term Life Insurance Quotes-Transamerica

43-year-old male at Standard health class - pricing listed is per month

Death Benefit

10 Year

20 Year

30 Year













39-year-old female at Standard health class - pricing listed is per month

Death Benefit

10 Year

20 Year

30 Year













Use our quoting tool to see the rate you'll pay for an Transamerica policy without the exam 

How to Find the Right No Exam Policy

Many insurance shopping consumers look at Transamerica because of their of well known name and reputation. It is tough to go wrong with such a strong company.

but could you do better?

For insurance without the exam, you may be able to. It's important not to get too caught up in the big name because there are many other carriers and products of similar strength but at a lower cost. Consider not only price but how their underwriting will view your unique file.

The best way to do this is to work with an independent agency that is:

  • Unbiased and not obligated to any particular life insurance company.
  • Has access to all the top no exam products as well as some niche products for certain people/situations.
  • Is a specialist in the no exam area.
using an independent life insurance agent to maximize pensions benefits through the addition of a life insurance policy

No Pressure. No Cost.

You're in luck:) We do all the above and more. If you'd like to have a no pressure talk about options, please contact us or fill out the quote request form on this site.

Life insurance rates are fixed by law so there is no additional cost to use our service and expertise. We would be grateful to help you put protection in place for those you love.


  • Ty Stewart

    Ty Stewart is a founder and contributor of He started researching and studying about life insurance when he got his first policy for his own family. He has been featured as a life insurance expert speaker at agent conventions and in top publications. As an independent licensed life insurance agent he has helped clients nationwide to secure affordable coverage while making the process simple.

  • Bennett Bier

    I’m Bennett Bier, owner, author and fact checker of Simple Life Insure. I believe working with a small independent broker offers consumers more personal attention and superior customer service. As an independent agent licensed in all 50 states and the District of Columbia I have access to many of the top A+ rated life insurance carriers. This lets me locate a plan that you will qualify for while saving you money at the same time. Over the years I have mastered the art of underwriting, getting approvals even for my highest risk clients. I’m also likely the person that will answer the phone when you call.