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Consumers Hit with Massive Universal Life Premiums Join Class Action
September 25, 2016. By Gordon Gibb.Los Angeles, CA: Rip off is a harsh term, although one plaintiffs embroiled in Life Insurance Rip Off lawsuits use with complete comfort. At the very least, consumers holding universal life insurance policies currently facing massive rate increases are stuck with a classic catch 22 situation, in that policyholders annoyed with rising premiums, or unable to pay them, have few alternatives given their age.
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