Transamerica Life Insurance Class Action Settlement
Class Eligibility
You may be a member of the settlement if you are an individual or member of a group entity who owned one or more policies in the TransUltra 115 98/99 or TransSurvivor 115 97/98/99 groups of policies as of Dec. 31, 2019.
Estimated Amount
At least $200
Proof of Purchase
Yes
Claim Form
You have no claim form to fill out. You will have been identified by and received Notice from Transamerica, as ordered by the Court, if you are or were a policy owner of one or more of the policies stated in this Settlement.
Case Name
Gail Thompson, et al. v. Transamerica Life Insurance Company,
Case No. 2:18-cv-05422-CAS-GJS,
United States District Court, Central District of California
Case Summary
Transamerica is being accused of having violated their own Life Insurance policy terms by unjustly increasing their Monthly Deduction Rates, thereby causing the affected Policy Holders to incur unjust losses in their own life insurance policies, which should have gone toward their fund value accumulation.
Settlement Pool
$88,000,000
Settlement Website
Deadline
08/03/2020
(Same deadline for Claims, Opt-out, or Objections)
Contact
Rust Consulting, Inc.
Settlement Administrator
Thompson v Transamerica – 6975
PO Box 44
Minneapolis, MN 55440-0044
1-877-740-6999
info@thompsonsettlement.com
www.thompsonsettlement.com
IMPORTANT NOTE
To our Subscribers:
Please note that we (classactionrebates.com) are *not* the settlement/claims administrator of this case. We are only an online newspaper of various class action settlements involving U.S. companies.
Please check the Settlement Homepage and FAQs (linked above) for:
-your personal eligibility as a customer,
-any updates on the settlement,
-concerns about your change of address,
-or any questions related to payout amounts, schedules, distribution, and/or checks.
If you still have questions that cannot be answered by the Settlement Page FAQs, please contact the Settlement Administrator directly. The details are provided above. Just scroll up. Thank you, and best of luck.