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Personal Finance (Not Investing) • Urgently need advice regarding Universal Life policy

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Hey y'all,

Just to give some closure, we got in touch with a couple of different people (folks who buy insurance policies, etc.) who largely confirmed your conclusions about the policy. We ended up cancelling it and will be switching to more conventional investments. Thank you again for your help!
One other item I did not see discussed, that may give some confirmation to the OP, is LBL was sold a few years back and is in runoff. It is not an upper tier insurer anymore.

https://news.ambest.com/newscontent.as ... &altsrc=23

Statistics: Posted by Lastrun — Sun Jul 07, 2024 6:54 am — Replies 29 — Views 2359



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