Victim of an IUL Sold Through Multi-Level Marketing? You Are Not Alone.
In recent years, Indexed Universal Life (IUL) policies have become one of the most aggressively marketed financial products in America. Much of that push is coming from multi-level marketing (MLM) structures disguised as financial services companies. If you purchased an IUL from an agent involved in an MLM or a so-called financial influencer on TikTok, YouTube, or Instagram, you may have been misled.
RP Legal LLC is the national authority on IUL litigation. We represent clients across the country who were sold complex life insurance policies by unqualified promoters using misleading sales tactics, inflated promises, and viral marketing campaigns.
How MLMs Are Flooding the Market With IULs
Multi-level marketing organizations have found a gold mine in IUL commissions. Under the MLM model, every agent is encouraged not only to sell IULs but to recruit other agents into their downline. Each sale generates a chain of commissions, feeding multiple levels of uplines. This creates enormous pressure to close deals fast, regardless of whether the policy is appropriate for the client.
The result is a nationwide explosion of bad policies sold to unsuspecting consumers who were told:
- They could retire tax-free by using policy loans
- They would never have to pay premiums after a few years
- Their cash value would grow without market risk
- They could use IULs to fund cars, homes, and generational wealth
These messages are spread through flashy videos, mass-recruiting webinars, scripted sales calls, and polished pitch decks that gloss over the actual mechanics of the insurance product.
In most cases, the sales agents are not experienced financial professionals. Many do not understand how IULs actually work. Worse, many are not even licensed to sell insurance when they start recruiting others or promoting policies online.
The Real Cost of MLM-Sold IULs
Clients who fall for these sales pitches often face:
- Massive commissions paid out from their premiums
- High fees, mortality charges, and expenses that drain cash value
- Rising premiums as they age
- Collapsing policies when performance does not match projections
- Large tax bills when policy loans are not managed correctly
- Surprise charges and surrender fees when trying to exit the product
We routinely handle cases involving:
- Policies sold to young professionals through “wealth-building” MLMs
- Social media agents with no credentials or licenses
- Victims encouraged to drain savings or retirement accounts to fund IULs
- Policies promoted through religious networks, fraternities, or coaching programs
If you were sold an IUL policy through an organization like World Financial Group (WFG), PHP Agency, Family First Life, or similar MLM-style entities, your policy may have been part of a high-pressure, commission-driven sales structure with no regard for your long-term financial well-being.
RP Legal LLC Is the National Leader in MLM IUL Litigation
With nearly a decade of experience and hundreds of IUL cases handled, RP Legal LLC stands at the forefront of litigation against MLM-driven insurance sales. We know the sales scripts. We understand the recruiting models. We have reviewed the internal pitch materials used to lure clients with promises of tax-free wealth and guaranteed income.
We investigate the roles of agents, IMOs, marketing agencies, and insurance carriers that allowed these deceptive sales to happen. We take legal action when products are misrepresented, risks are concealed, and consumers are left with worthless policies and financial losses.
You May Have a Legal Claim if You Were Told:
- Your IUL would replace your retirement plan or pension
- You would never pay taxes on your retirement income
- You could pay premiums for just a few years and let the policy fund itself
- You would make more money recruiting others than from the policy itself
- The plan was a guaranteed path to generational wealth or financial freedom
If your policy is now collapsing, generating unexpected bills, or failing to deliver on its promises, we can help.
Financial and Insurance Firms We Target
Several large insurance firms have been implicated in class action IUL lawsuits. Below is a list of some of the brokerages and firms we might investigate:
Insurance Companies
- Allianz
- Columbus Life
- Family First Life
- Minnesota Life/Securian Financial
- National Life Group
- Pacific Life
- Protective
- Prudential
- Transamerica
Financial Firms
- Ameritas
- Equis Financial
- Equitable AXA
- Five Rings Financial
- Global Atlantic (Accordia)
- Integrity Marketing Group
- John Hancock
- LifePro Financial
- Mutual of Omaha
- North American
- Penn Mutual
- PHP Agency
- Symetra
- Symmetry Financial Group
- World Financial Group
Start With a Free Review of Your Policy and Sales Materials
RP Legal LLC will analyze your policy, illustrations, premium structure, and communications with your agent. We will determine whether you were misled, sold an unsuitable product, or targeted through deceptive MLM tactics.
Contact RP Legal LLC today at (803) 805-7546 or use our secure online form to request a policy review. Let the nation’s most experienced IUL litigation firm help you recover what was taken from you.