If you are a person in the United States who has been identified by Defendants Travelex Insurance Services, Inc. and Transamerica Casualty Insurance Company as insured under a single-trip travel protection plan purchased within the Class Period (January 1, 2014 to December 31, 2017), and for whom a claim for trip cancellation benefits was initiated, you could get benefits from a class action settlement.
Important Dates
September 14, 2021 — Exclusion Deadline
September 14, 2021 — Objection Deadline
September 22, 2021 — Final Approval Hearing
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You are part of the Settlement Class if you purchased on or after January 1, 2014 and on or before December 31, 2017 a single-trip travel protection plan sold by Defendants, initiated a trip cancellation claim, and did not receive a refund of any portion of the premium paid for the travel protection plan. If you are part of the Settlement, you should have received a postcard notice in the mail or an email informing you that you are a member of the Settlement Class.
- This Settlement does not relate to the COVID-19 pandemic or travel protection plans purchased after December 31, 2017.
- If you think you are a member of the Settlement Class but did not receive an e-mail or a postcard mailing, you may contact the Settlement Administrator at Travel Plan Settlement, 1650 Arch Street, Suite 2210, Philadelphia, PA 19103. Class membership was determined based on records that were previously collected in connection with the Settlement.
- The Settlement provides money for Settlement Class Members. Defendants will provide a settlement fund of $3,237,500. This money will be available for payment to approximately 105,294 potential Settlement Class Members, and will also be used to pay for any court-approved attorneys’ fees and expenses, a Class Representative service payment, and administration costs. A portion of the Settlement fund that is not directly distributed to Settlement Class Members may be distributed to a charity with the Court’s approval.
YOUR LEGAL RIGHTS AND OPTIONS IN THIS SETTLEMENT | |
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DO NOTHING |
Settlement Class Members Entitled to Autopay. If you do nothing, you are eligible to receive an automatic payment. The amount of the payment will be based on a percentage of the travel insurance premium, with a minimum payment of no less than $5.00. The exact amount of the payment will depend on a number of factors, including the number of Settlement Class Members who can be located, the amount of attorneys’ fees and expenses, the Class Representative service payment, and administration costs. You will release any claim you may have against Defendants. The automatic payment will be by check, except that if you would like to receive your payment via electronic means, like Venmo or Paypal, rather than by check, please CLICK HERE. |
EXCLUDE YOURSELF |
If you exclude yourself from the Settlement, you will not receive any monetary payment. By excluding yourself, you will not release any claim you may have against Defendants. The deadline to exclude yourself is September 14, 2021. |
OBJECT TO THE SETTLEMENT |
You may tell the Court why you believe the Settlement should not be approved. If the Settlement is not approved, no one will be paid. Any objection must be filed no later than September 14, 2021. |
GO TO THE HEARING |
You may ask to speak in Court about the Settlement. The Final Approval Hearing is scheduled for September 22, 2021. |
- The notice provides only a summary of the terms of the Settlement Agreement (which is available for review on this Settlement website). Capitalized terms in the notice have a specific, defined meaning. If the meaning of a capitalized term is not included in the notice, please refer to the Settlement Agreement for the meaning.
These rights and options – and the deadlines to exercise them – are explained in the Notice.