InsuranceNewsNet Highlights RP Legal’s Work Exposing IUL Abuses and Helping Victims Nationwide

Robert Rikard, founding attorney of RP Legal LLC, was recently featured in a nationally recognized insurance publication for his work uncovering the dangers of Indexed Universal Life (IUL) policies sold as retirement plans. In the article, published by InsuranceNewsNet, Rikard criticized insurers and agents for pushing “incredibly complex” and risky IUL-based strategies that have cost investors their life savings.

The piece shines a national spotlight on RP Legal LLC’s groundbreaking work in IUL litigation, with Rikard sharing firsthand insights from years of representing clients defrauded by agents, financial advisors, and life insurance companies.

The article discusses how insurance agents often pitch IULs using misleading illustrations and unrealistic projections of tax-free retirement income. In many cases, policyholders are led to believe that after just a few years of funding the policy, they will never need to pay premiums again. But when costs rise and index performance falters, the strategy collapses—leaving clients with debt, tax exposure, and failed retirement plans.

“These products are marketed as easy and low-risk, but the reality is that they are complicated, opaque, and dangerous,” said Rikard in the interview. “Our firm has helped hundreds of families recover losses from these policies. The damage is real, and so is our commitment to accountability.”

RP Legal LLC is the national leader in lawsuits involving IULs marketed as retirement plans, tax shelters, or loan-based income tools. The firm has recovered tens of millions of dollars for victims across the country and continues to fight on behalf of retirees, professionals, and business owners who were misled.

Learn more from Insurance News Net.

Last Updated: 08-06-2025

Case Results Our Record Speaks For Itself
Recoveries for Victims of IUL and FIP Investment Fraud
$10,000,000

RP Legal LLC has recovered over tens of millions of dollars for victims in these cases.
Learn more

Jury Verdict for Failed IUL Retirement Strategy
$1,500,000

A jury awarded $1,526,156.54 for our client, ruling against Pacific Life Insurance Company.

Learn more

Featured on InsuranceNewsNet
LEADERSHIP

Robert Rikard, founding attorney of RP Legal LLC, was recently featured in a nationally recognized insurance publication.

Learn more

Any result the lawyer or law firm may have achieved on behalf of clients in other matters does not necessarily indicate similar results can be obtained for other clients.

Client Testimonials
~ Alex

Great attorneys that were able to help me with all my legal issues involving my LLC. I would 100% recommend this firm to anyone who needs legal assistance with their small business.

~ Charles

Solid litigators who have your best interest in mind!

~ Giovanni

Great attorneys! Professional and patient. I enjoyed working with them!

~ Christopher

If you want real lawyers that don’t mess around and waste your time then hire these guys. Robert Rikard and Peter Protopapas aggressive trial lawyers. The staff is friendly and helpful as well!!! 100% recommend!

~ Charles

Peter is the BEST!! I had the misfortune of needing an attorney, and through a chance encounter was pointed in his direction. Their attention to detail and knowledge of their profession is second to none! Don’t waste your time with these ambulance chasers you see all over the TV - if you need results look no further!!

TOP-RATED
LAWYER NEAR YOU
2110 N Beltline Blvd
Columbia, SC 29204

Phone: (803) 805-7546

FAX: 803-978-6112

View Directions
10 Shem Drive, Suite 200
Mt Pleasant, SC 29464

Phone: (803) 805-7546

FAX: 803-978-6112

View Directions
REQUEST A FREE CONSULTATION We’re Here To Help

"*" indicates required fields