Life insurance policy holders to receive ‘at least $200’ instant cash payment in $57m class action settlement

SOME Americans with life insurance policies may be eligible for a direct payment as part of a class action settlement. It comes amid another $1.2 million insurance-related case with cash distributions as high as $25,000 per person. Plaintiffs who filed a lawsuit against Transamerica Life Insurance recently claimed that the company violated contracts with policyholders….

https://www.the-sun.com/money/16424255/transamerica-life-insurance-settlement-cash-payments/