Category: Universal Life Policy

ATTORNEY NEWSLETTER Indexed Universal Life Policy Disadvantages Escalating Premiums Complexity And Surrender Penalties Evans Law Firm, Inc. generally cautions against indexed universal life insurance and deferred annuities for senior consumers because these insurance products are expensive, complicated, and tie up invested money for long periods of time.  Deferred annuities are […]

ATTORNEY NEWSLETTER Security Benefit Life Insurance Company Total Value Annuities (TVAs) The life insurance and annuity attorneys at Evans Law Firm, Inc. represent California clients who have suffered losses on all types of life insurance and annuity contracts, including indexed annuities and equity indexed universal life insurance. Indexed annuities are […]

ATTORNEY NEWSLETTER Undisclosed Risks Indexed Universal Life Insurance Is “Massively Complex”  Fees Can Drain The Policy Indexed universal life insurance (IULs), like certain types of deferred annuities, generate significant sales commissions for the agents who sell them.  For that reason, some agents, eager to make a sale, may pressure consumers […]

ATTORNEY NEWSLETTER State Agency Warnings About Rising Premiums Risk Of Policy Lapses Low Rates Of Return Evans Law Firm, Inc. recommends against indexed universal life insurance and deferred annuities for senior consumers because both insurance products are expensive, complicated, and tie up invested money for long periods of time.  Typically, […]

ATTORNEY NEWSLETTER Understand The Costs And Complexity Of Universal Life Insurance Premium Payments Continue Until Death Investment Risks And Caps On Growth Indexed Universal Life Insurance is a complicated life insurance product often sold by insurance agents as a retirement savings or estate planning investment. Agents sell universal life policies […]

ATTORNEY NEWSLETTER Financial Elder Abuse In Insurance Sales Sales Tactics And Insurance Contracts As Forms Of Financial Elder Abuse Disastrous Replacement Transactions Financial elder abuse comes in various forms and from different sources.  One of the most pernicious and financially disastrous can be in the form of unsuitable insurance products, […]

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 Eclipse Indexed Universal Life Insurance From Minnesota Insurance Company/Securian Financial Minnesota Life Insurance Company, part of Securian Financial Group, issues indexed universal life insurance policies in California and throughout the United States under the trade names Eclipse Protector IUL©, Value Protection IUL ©, and similar trade names. These […]

ATTORNEY NEWSLETTER Balanced Growth Accumulator Indexed Universal Life Insurance From Minnesota Insurance Company/Securian Financial Minnesota Life Insurance Company, 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 similar […]

ATTORNEY NEWSLETTER Allianz Indexed Universal Life Insurance Products Allianz Life Pro+ Elite and Life Asset + Evans Law Firm, Inc. represents clients who have suffered losses on all types of life insurance and annuity contracts, including fixed indexed universal life insurance. Allianz Life Insurance Company of North America issues fixed […]