Claim Deadline
October 2, 2026
Transamerica Life Insurance Settlement — No Claim Form Needed
The lawsuit alleged Transamerica Life Insurance failed to credit certain cash value increases owed to eligible Direct Recognition Life policyholders, contrary to the terms of their own policies.
Estimated Payout
Varies by policy — based on the cash value increases allegedly denied on each eligible policy
Who's Eligible
Current or former owners of a Transamerica universal life insurance policy active on January 1, 2016, under the product names "Direct Recognition Life 10" or "Direct Recognition Life 11" (attribute codes DRL-10 or DRL-11)
Proof Needed
None required — no claim form is needed
What this settlement is about
The lawsuit alleged Transamerica Life Insurance failed to credit certain cash value increases owed to eligible Direct Recognition Life policyholders, contrary to the terms of their own policies. The settlement fund is $110 million.
How KeenVPN can help
KeenVPN tracks active class-action and data-breach settlements and surfaces the ones members may qualify for, at no extra cost — settlements like this one are the kind it watches for. Get started or view plans.
Last verified September 9, 2026. Source and current status: topclassactions.com (administered by WrenCVISettlement.com) — deadlines and terms can change, and this page is informational, not legal advice.
Frequently Asked
Questions
Common questions about the Transamerica Life Insurance Settlement.