Equitable Life Insurance “Twisting” Policy Sales Complaint

October 9, 2020

This class action brings suit against AXA Equitable Life Insurance Company for “twisting.” In this process, the complaint says, the company and its brokers “trick life insurance customers into replacing their existing whole life policies into more costly Equitable universal life insurance policies that [have] lower rates of return and higher risk.” According to the complaint, “twisting” is prohibited in all but two states.

Case Event File: Equitable Life Insurance “Twisting” Policy Sales Complaint

Related to: Equitable Life Insurance “Twisting” Policy Sales Class Action