California Court OKs $80M Life Insurance Policy Lapse Notice Settlement
May 12, 2025 by Allison Bell
A proposed class-action settlement in California could help tens of thousands of people who failed to pay their life insurance premiums get their coverage back.
U.S. Magistrate Judge Allison Goddard recently granted preliminary approval of a settlement between two insurers — Protective Life Insurance Co. and West Coast Life Insurance Co. — and the owners or beneficiaries of about 115,000 of the companies’ life insurance policies.
Originally Posted at Think Advisor on May 12, 2025 by Allison Bell.
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