Life Insurance

Santa Monica, CA -- Consumers who bought life insurance protection from Transamerica Insurance Company decades ago are now facing a choice between paying enormous increases in their monthly premiums or losing their policies, according to a lawsuit filed in federal court in Los Angeles by consumer advocates on behalf of Transamerica policyholders nationwide.

Consumer Watchdog has filed a lawsuit against TransAmerica for unreasonably raising life insurance premiums on policyholders.  Consumers who depend on these policies were sold a phony bag of goods, but in this case it was supposed to protect their lives and families. For more information on this case, go to http://www.consumerwatchdog.org/case/transamerica-life-illegally-hikes-cost-insurance-charges