No Proof Required
$57M Transamerica Life Insurance rate increase class action settlement
Looking for a settlement you can still file?
This one is closed, but our 60-second eligibility quiz finds the ones that are still open.
Who Was Eligible?
Who the settlement covered:
- You held a Transamerica life insurance policy
- You experienced cost of insurance rate increases on your policy
- The rate increases occurred without what you believe was proper advance notice
- Specific policy types and date ranges may apply (details pending)
How Much Did It Pay?
The total settlement amount is $57 million, which will be distributed among eligible class members. The exact amount each policyholder receives will depend on factors such as the type of policy you held, how much your rates increased, and how many people file valid claims. Individual payouts have not been specified at this time.How this claim was filed
This settlement is closed, so the steps below are kept for reference only — they no longer lead anywhere you can file.
- Gather your Transamerica life insurance policy documents
- Collect records showing rate increases or cost changes
- Review any notices you received about rate changes
- Wait for the official claim form to become available
Looking for something you can still claim?
This one has closed, but the open settlements list is kept current, and Class Action Buddy will tell you when a new one matches your profile.
Frequently Asked Questions
What is the deadline to file a claim for the $57M Transamerica Life Insurance rate increase class action settlement?
The deadline to file a claim was May 30, 2026, and it has passed. Claims are no longer accepted for this settlement.
Did I need proof of purchase for the $57M Transamerica Life Insurance rate increase class action settlement?
No proof of purchase was required — claims could be made on a sworn statement, without receipts, photos, or product packaging.
What is the Transamerica life insurance settlement about?
Transamerica agreed to pay $57 million to settle claims that it improperly raised the cost of insurance on certain life insurance policies without giving policyholders adequate advance notice as required.
How much money can I get from the Transamerica settlement?
Individual payout amounts haven't been determined yet. The $57 million total will be divided among eligible class members based on factors like policy type and the amount of rate increases experienced.
When is the deadline to file a Transamerica settlement claim?
The claim deadline has not been announced yet. The settlement may still be pending court approval. Class Action Buddy will notify you when the claim period opens.
This settlement has closed
The filing deadline for this one has passed, so no new claims are being accepted. Class Action Buddy tracks the settlements that are still open and tells you when a new one matches your profile.
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