April 15, 2022
This class action brings suit against PHL Variable Life Insurance Company (Phoenix), alleging it is imposing an excessive and unlawful cost of insurance (COI) increase. It concerns a subset of policies, Phoenix Accumulator Universal Life (PAUL) and Phoenix Estate Legacy (PEL) policies.
Case Event File: PHL Variable Life Unlawful COI Increases ComplaintRelated to: PHL Variable Life Unlawful COI Increases Class Action