Category: Index Life Universal Life

ATTORNEY NEWSLETTER <br> <h1> Disadvantages Of Indexed Universal Life Insurance</h1> <h2>How Seniors Can Be Harmed< h2> <h3>Don’t Be Rushed And Always Get A Second Opinion<h3> <br> Evans Law Firm, Inc. generally cautions against indexed universal life insurance and deferred annuities for senior consumers because these insurance products are expensive, complicated, […]

ATTORNEY NEWSLETTER Disadvantages of Indexed Universal Life Insurance For Seniors Increasing Premiums And Policy Lapses  Surrender Charges  Evans Law Firm, Inc. generally cautions against certain forms of indexed universal life insurance (IULs) for senior consumers because IULs are expensive, complicated, and tie up invested money for long periods of time. […]

ATTORNEY NEWSLETTER Avoid High-Pressure Tactics And Quick Decisions Downsides Of IULs For Seniors Rising Premiums And Policy Lapses Evans Law Firm, Inc. generally cautions against indexed universal life insurance (IULs) for senior consumers because IULs are expensive, complicated, and tie up invested money for long periods of time.  IULs, like […]

ATTORNEY NEWSLETTER Questionable Tactics In Selling Indexed Universal Life Insurance Complicated Equations For Calculating Returns Fees Can Drain Policy Insurance companies and agents make billions of indexed universal life insurance (IUL) policy sales every year.  Often those policies are sold to persons over age 60.  Evans Law Firm, Inc. generally […]

ATTORNEY NEWSLETTER Rising Premiums And Low Returns Of Universal Life Insurance Potentially Misleading Policy Illustrations Limitations On Growth Insurance agents often sell Indexed Universal Life Insurance as a tax-deferred estate planning investment, using the same sales pitch agents often use for deferred annuities. We recommend against indexed universal life insurance […]

ATTORNEY NEWSLETTER Understanding Indexed Universal Life Insurance Policies (IULs) IULs Issued By Pacific Life Insurance Company IULs Many insurance agents sell Indexed Universal Life Insurance as retirement savings vehicles for the future in addition to coverage at death. IULs, like deferred annuities, can be costly and complicated. A number of […]

ATTORNEY NEWSLETTER Indexed Universal Life Insurance (IULs) Pacific Life Insurance Company IULs Indexed universal life insurance (IULs) are often sold by agents as savings vehicles for the future. These policies can be costly and complicated. A number of carriers offer IULs.  Pacific Life Insurance Company (usually referred to just as […]

A class action lawsuit is pending in California state court against Pacific Life Insurance Company (“PacLife”) alleging claims on behalf of California purchasers of Pacific Discovery Xelerator IUL indexed universal life insurance policies (“PDX Policies”).  These PDX Policies were issued by PacLife, nationwide, from February 2017 until 2019. Evans Law […]

ATTORNEY NEWSLETTER Balanced Growth Accumulator Indexed Universal Life Insurance From Minnesota Insurance Company/Securian Financial Minnesota Life Insurance Company (“Minnesota Life”), part of Securian Financial Group, issues indexed universal life insurance policies in California and throughout the United States under the trade name Balanced Growth Advantage© or Balanced Growth Accumulator©, and […]

ATTORNEY NEWSLETTER Beware Annuities, Whole Life Insurance and Equity-Indexed Universal Life Insurance Drawbacks and Downsides Unsuitable for Seniors Sales of annuities and whole life insurance and universal life insurance are trending up in 2019. That’s bad news. In uncertain times, insurance agents and financial advisors push annuities and life insurance […]