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Category: Universal Life Policy

Aug 18, 2015 - Annuities by |

Transamerica Life Insurance Company Raises Cost of Insurance Charges on Universal Life Insurance Products

ATTORNEY NEWSLETTER Consumers should be aware that insurance companies can raise the Cost of Insurance (COI) rates on non-guaranteed life insurance products, resulting in higher monthly policy charges. When there is a change in expectations as to future experience, insurance companies can increase the current COI rates to no greater […]

Apr 21, 2015 - Annuities Fraud by |

California Life Insurance and Annuity Fraud Attorneys Warn That Indexed Universal Life Insurance Policy Illustrations Can Create Unrealistic Expectations of Policy Performance

ATTORNEY NEWSLETTER California life insurance and annuity fraud attorneys warn consumers that insurance policy illustrations may be misleading and create heightened expectations for unrealistic results. Illustrations can be a useful way to demonstrate and understand how a policy, such as an indexed universal life policy (IUL), may work. However, they […]

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