No Proof Required
Transamerica Life Insurance $57M Rate Increase Settlement
Not sure if this settlement applies to you?
Take our 60-second eligibility quiz to find every settlement you qualify for — including this one.
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 to File Your Claim
Filing your claim is quick and easy:
- 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
💡 Easier way: File with Class Action Buddy
Skip the paperwork. Our app auto-fills your claim form with your saved profile and submits it electronically in under 2 minutes.
Download for iPhone Download for AndroidFrequently Asked Questions
What is the deadline to file a claim for the Transamerica Life Insurance $57M Rate Increase Settlement?
The current deadline to file a claim is May 30, 2026. Note: claims sent by mail must be postmarked by this date, and Class Action Buddy ships claim forms with a 7-day mailing buffer to ensure on-time delivery.
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 class action settlements still require a Claimant ID or PIN from a notice mailed to affected class members; if this settlement 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 auto-fills the PDF claim form, captures your signature, and submits the claim by mail on your behalf. (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.
Ready to File Your Claim?
We're adding new settlements regularly. Download the app to get notified when this one is available.
Download Class Action Buddy →Get Notified About New Settlements
We find new class action settlements every week. Get alerts so you never miss free money.
No spam. Unsubscribe anytime. We respect your privacy.