ReliaStar Excessive Insurance Costs
Squitieri & Fearon, LLP is investigating claims for a class action against ReliaStar for imposing excessive cost-of-insurance charges, especially for certain universal life policies. We are investigating whether ReliaStar is failing to reduce its charges as mortality rates have improved and is deducting from the cash value of the policies more than it is entitled to deduct, causing the cash value to decrease and sometimes causing the policies to lapse or to be cancelled.
If you or someone you know has a policy with ReliaStar and would like to learn more about our investigation, please fill out our online form, or contact Stephen J. Fearon, Jr. at stephen@sfclasslaw.com or by phone at (212) 421-6492.