Skip to Content
415-441-8669 | TOLL FREE: 888-50EVANS

PHONE: 415-441-8669 | TOLL FREE: 888-50EVANS

Dec 26, 2015 by |

San Francisco Insurance Fraud Lawyer | Evans Law Firm


Whole Life Insurance and How to Escape It

Somewhere in the vicinity of 60 percent of people living in the United States have some sort of life insurance. Insurance companies collect millions in revenue off the policies, and most people agree that it’s important to own. Getting one is easy, as brokers are always looking for customers. What can he harder, however, is getting out of a policy that no longer suits your needs with the least amount of trouble and as much of your money intact as possible.

What Should I Know About Life Insurance?

There are many different types of life insurance available to the consumers, ranging from your bog-standard policies to more exotic, market-indexed policies for those who want some risk in their returns. Whole Life Insurance is essentially the middle ground: it generates a payout upon death, and accumulates a cash value that you can collect if your situation requires it. However, it’s important to note that even relatively safe insurance policies may have some hidden fees and penalties built into the contract you signed. It can be hard to make yourself read through the tiny script in your contract, and easy to just trust that your broker is looking out for you, but sadly, that’s not always the case. You will want an experienced San Francisco insurance fraud lawyer on your side who has your best interests in mind.

How Can I get Rid of a Policy?

If you’re starting to rack up fines and costs in your insurance policy, you may be wondering how to get out of it safely. Surrender charges often allow insurance companies to keep some of your money when you leave, and often that’s money you can’t afford to part with. Essentially, you’re leaving money that could otherwise help you purchase a new policy that better meets your needs, or that you could use to make another investment.

Major Sellers

Major Sellers of Whole Life Insurance include:
Northwestern Mutual Life Insurance Company
New York Life Insurance Company
State Farm Life Insurance Company
Massachusetts Mutual Life Insurance Company
Guardian Life Insurance Company of America
Guardian Life Insurance Company of America
Penn Mutual Life Insurance Company
American Family Life Insurance Company
COUNTRY Life Insurance Company
MetLife Insurance Company USA

What Can I Do About It?

If you believe that you may have been the victim of an improperly sold or administered life insurance policy, contact an attorney at the Evans Law Firm by calling (415) 441-8669. The Evans Law Firm in California handles Insurance, Annuity, and Banking fraud, Financial and Physical Elder Abuse, Nursing home Abuse, qui tam and whistleblower cases, and FINRA arbitration cases. We can also be reached by email at

Law Dragons 500 badge Million Dollar Advocates Forum SuperLawyers Badge Best Lawyers Badge Avvo

Our Passion For Justice

415-441-8669 888-50EVANS

Hear What Our Clients Have To Say

"I contacted Attorney Ingrid Evans for advice about a financial elder abuse case. She was extremely knowledgeable, bright and informative. I highly recommend her. I am an attorney myself, and know when I am talking to a another excellent attorney."
Posted By: Terry Kolkey Attorney

Read More Reviews