Quick Facts: Transamerica Life Insurance rate increase
- Who's Eligible
- The class action settlement benefits individuals and entities who currently own or formerly owned a policy issued under certain Transamerica products for which the company sent written notice of cost of insurance rate or monthly deduction rate increases in 2022 or 2023.
- Estimated Payout
- Up to $200 per claimant (estimated)
- Deadline to File
- May 30, 2026
- Proof Required
- No — self-certification only. No receipts or documentation needed.
- How to File
- File through SettlementRadar for $12.99 (we handle the paperwork) or file directly at the official claims site.
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$57M Transamerica Life Insurance rate increase class action settlement: How to Claim Your Money CLOSING SOON
vs. Transamerica Life Insurance rate increase
Transamerica Life Insurance has agreed to a $57 million class action settlement over allegations it raised the cost of insurance on certain life insurance policies without proper notice.
Data sourced from court filings via CourtListener · PACER federal records · FTC enforcement actions · Updated daily · Verified May 5, 2026
Payout amounts are estimates based on filed claimant numbers. Actual payouts vary and are determined by the settlement administrator.
- Your full legal name and current address
- No proof required — just your information
- ~2 minutes of your time
A lawyer charges $200–500/hr to file this. We do it for $12.99.
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A lawyer charges $200–500/hr to file this. We do it for $12.99.
- You could receive up to $200 per person from this settlement.
- Filing deadline: May 30, 2026 (25 days left)
- No proof required — just submit your name and contact info to claim.
- The class action settlement benefits individuals and entities who currently own or formerly owned a policy issued under certain Transamerica products for which the company sent written notice of cost of insurance rate or monthly deduction rate increases in 2022 or 2023.
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How does filing work? →Secure checkout · Takes 2 minutes · Filed within 24h
Yes — most settlements pay $20–$300, so $12.99 is a small fraction of your potential payout. The alternative is spending 45+ minutes hunting down the official form, filling it out manually, and hoping you don't miss a field. We handle all of that for you.
If a technical error on our end prevents us from filing your claim, contact us at contact@settlementradar.com within 7 days and we'll make it right. Eligibility decisions are made by the settlement administrator — we cannot control or guarantee claim approvals. All other sales are final.
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Are You Eligible?
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3 questions — personalized result for this settlement
Did you purchase products or use services from Transamerica Life Insurance rate increase between 2018–2025?
Do you have any record of this transaction? (receipt, account statement, email, or notification)
Were you a customer, subscriber, or user of Transamerica Life Insurance rate increase?
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$57M Transamerica Life Insurance rate increase class action settlement
Eligibility Requirements
- Did you own or lease a product or service from Transamerica Life Insurance rate increase?
- Are you a United States resident?
Documents Required
- No proof of purchase required — just your personal information (name, address, email)
- Your sworn statement that you qualify
How to File Your Claim
- Confirm you meet the eligibility requirements above
- Gather any required documents (see above)
- Go to the official filing website (see links below)
- Fill out the claim form with your personal information
- Submit your claim before May 30, 2026
- Save your confirmation number or screenshot for your records
Important Links
Sources & References
This settlement information is sourced from:
- FTC.gov — Federal Trade Commission settlement announcements
- CourtListener — Federal court records and case documents
- ClassAction.com — Class action lawsuit database
- Settlement Administrator — Official claims administrator
Last verified: May 5, 2026
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