Note: This article is courtesy of Iris.xyz
By Michael Freedman
This isn’t some new Law and Order series, unfortunately. This is real life.
Over the past year, at least seven big life insurance companies have raised premiums on a range of Universal Life Insurance policies, many of them targeting increases on seniors. From this, the headlines have ensued:
Retirees Stung by Universal Life Costs – The Wall Street Journal (August 10, 2015)
Surprise: Your Life-Insurance Rates are Going Up – The Wall Street Journal(December 4, 2015)
Life Insurers Pass Pain of Low Rates on to Consumers – The Wall Street Journal(March 20, 2016)
