For over 30 years, insurance companies have been selling “variable universal life,” or VUL policies to their customers. Sadly, these policies’ popularity has not been matched by their results in many cases - and our firm has handled many cases involving these products over the years.
➡️ We find thatVULs are rarely, if ever, an appropriate investment choice. In fact, for many customers, these products can pose a number of pitfalls and simply do not provide the returns and benefits that those who take them out are told that they can expect. If that is the case for you, it’s possible you could have a claim.
In this video, we’ll provide a brief summary of what VULs are and how they work. We’ll explain the financial mechanisms they rely on, and the original thinking behind them, and give an analysis on why they became so popular. We’ll also talk about our concerns with VULs in a bit more detail and discuss the action you could take if you feel you have been mis-sold this product.
If you are watching this video because you have a VUL that has not delivered the results you were promised when you took it out, know that there are options for you. You can contact us and we will provide advice on the next steps.
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💬 Are you someone who has a VUL? Let us know in the comments section below.
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Welcome to the official YouTube Channel of Meyer Wilson - Your reliable companion in the financial world.
Our law firm is dealing with investment claims and securities fraud, here to help you if you've suffered losses due to broker misconduct or if you believe you're a victim of securities fraud. With vast experience, we've helped hundreds of victims recover their losses, securing multi-million-dollar settlements, arbitration and jury awards.
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