No Proof Required
Transamerica Life Insurance $57M Rate Increase Settlement
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Who Is Eligible?
You may be eligible to file a claim if you:
- You owned a Transamerica life insurance policy
- Your policy experienced rate increases during the relevant time period
- You received notices about cost of insurance rate changes
- Specific eligibility dates and policy types are still being determined
How Much Can You Get?
The total settlement fund is $57 million. The exact amount each eligible policyholder will receive depends on several factors, including the number of valid claims filed and the specific impact of rate increases on individual policies. Payment amounts will be calculated based on the settlement administrator's review of each claim. Details about the specific payout structure and individual compensation amounts are pending as the settlement terms are finalized.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 any notices you received about rate increases
- Review the settlement details once they become available
- Submit your claim before the deadline (to be announced)
- Download Class Action Buddy to help you file your claim easily and track your submission
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 Transamerica Life Insurance $57M Rate Increase Settlement?
The deadline to file a claim was May 30, 2026, and it has passed. Claims are no longer accepted for this settlement.
Do I need proof of purchase for the Transamerica Life Insurance $57M Rate Increase Settlement?
No proof of purchase is required — you can typically file based on a sworn statement, without receipts, photos, or product packaging. Note: some settlements still require a Claimant ID or PIN from a mailed notice; if this one does, it will be shown on the official claim form.
How do I file a claim for the Transamerica Life Insurance $57M Rate Increase Settlement?
You have two options: (1) Use the free Class Action Buddy mobile app — set up your profile once and the app fills in the official PDF claim form and captures your signature, then your signed claim is printed and posted to the administrator. (2) File directly with the settlement administrator using the official claim form linked on this page.
What is the Transamerica life insurance settlement about?
This $57 million settlement addresses allegations that Transamerica improperly increased rates on certain life insurance policies, potentially causing financial harm to policyholders.
How much money can I get from the Transamerica settlement?
The total settlement fund is $57 million. Individual payouts will depend on factors like the number of claims filed and how the rate increases affected your specific policy.
Do I need proof to file a Transamerica settlement claim?
You'll likely need your life insurance policy documents and any notices about rate increases you received from Transamerica. Specific documentation requirements are still being finalized.
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